Behavioral economics and psychology of incentives

E Kamenica - Annu. Rev. Econ., 2012 - annualreviews.org
Monetary incentives can backfire while nonstandard interventions, such as framing, can be
effective in influencing behavior. I review the empirical evidence on these two sets of …

Putting nudges in perspective

G Loewenstein, N Chater - Behavioural Public Policy, 2017 - cambridge.org
Conventional economic policy focuses on 'economic'solutions (eg taxes, incentives,
regulation) to problems caused by market-level factors such as externalities, misaligned …

A model of focusing in economic choice

B Kőszegi, A Szeidl - The Quarterly journal of economics, 2013 - academic.oup.com
We present a generally applicable theory of focusing based on the hypothesis that a person
focuses more on, and hence overweights, attributes in which her options differ more. Our …

Equilibrium effects of food labeling policies

N Barahona, C Otero, S Otero - Econometrica, 2023 - Wiley Online Library
We study a regulation in Chile that mandates warning labels on products whose sugar or
caloric concentration exceeds certain thresholds. We show that consumers substitute from …

Do prices and attributes explain international differences in food purchases?

P Dubois, R Griffith, A Nevo - American Economic Review, 2014 - aeaweb.org
Food purchases differ substantially across countries. We use detailed household-level data
from the United States, France, and the United Kingdom to (i) document these differences;(ii) …

How consumers respond to product certification and the value of energy information

S Houde - The RAND Journal of Economics, 2018 - Wiley Online Library
I study how consumers respond to competing pieces of information that differ in their degree
of complexity and informativeness. In particular, I study the choice of refrigerators in the …

How product standardization affects choice: Evidence from the Massachusetts Health Insurance Exchange

KMM Ericson, A Starc - Journal of Health Economics, 2016 - Elsevier
This paper examines the effect of choice architecture on Massachusetts' Health Insurance
Exchange. A policy change standardized cost-sharing parameters of plans across insurers …

[PDF][PDF] How consumers respond to environmental certification and the value of energy information

S Houde - 2014 - aeaweb.org
The ENERGY STAR certification is a voluntary labeling that favors the adoption of energy
efficient products. In the US appliance market, the label is a coarse summary of otherwise …

Ruining popcorn? The welfare effects of information

CR Sunstein - Journal of Risk and Uncertainty, 2019 - Springer
Some information is beneficial; it makes people's lives go better. Some information is
harmful; it makes people's lives go worse. Some information has no welfare effects at all; …

The effects of voluntary front-of-pack nutrition labels on volume shares of products: The case of the Dutch Choices

S Smed, AK Edenbrandt, L Jansen - Public health nutrition, 2019 - cambridge.org
Objective: The study examines the impact of a front-of-pack label (Dutch Choices) on
household purchase patterns. Design: Change in households' volume share of products …