AEA RCT Registry currently lists 11682 studies with locations in 170 countries.
We study how childcare and eldercare decision-makers respond to email inquiries from parents or children. In a US field experiment with daycare and eldercare centers, we send an email that varies (i) whether the message frames the situation as an exogenous emergency (“our caregiver is moving unexpectedly”), as an endogenous oversight (“we dropped the ball”), or does not specify a reason reason (ii) whether the sender is male or female (by using a male or female sounding name) and (iii) whether the sender is a single parent in the case of childcare. We measure if and how centers respond (reply rate and speed), whether they offer an appointment or a spot (and timing), and the tone/helpfulness of replies.
We estimate household willingness to pay for induction cookstoves in Cambodia. WTP will be estimated in 250 households using the incentive-compatible Becker-deGroot-Marschak mechanism which will elicit demand under real purchase conditions. We assess which household characteristics are associated with WTP.
We explore the mental models of the stock market among different groups of economic agents.
As generative AI (GAI) continues to reshape the labor market, it naturally affects students' occupational choice. Understanding how students navigate these evolving challenges is crucial for guiding future career decisions. While economic research highlights the influence of GAI on occupational search behavior, little is known about how students weigh GAI usage alongside key occupational attributes, including wage, automation risk, and continuous education requirements. Using a discrete choice experiment, we examine how GAI usage alongside i) the occupation's risk of automation, ii) continuing education needs and, iii) wage, shapes career preferences. Specifically, we investigate how occupational attributes affect the likelihood of an occupation being chosen and whether preferences dep...
A growing body of literature documents preferences for randomization in decision-making under risk. When faced with a choice between two lotteries, many experimental subjects prefer to delegate the decision to a coin flip. We propose a novel model in which individuals randomize to hedge against regret from unfavorable outcomes. This model explains puzzling findings in the literature, such as high rates of randomization even when one option first-order stochastically dominates the other. We test a distinct prediction in an online experiment: (1) subjects randomize more when prospects are more negatively correlated.
This study examines how different types of information influence individuals’ intentions to purchase life insurance. We conduct a field experiment in Singapore involving adult residents who complete a short baseline survey and are subsequently randomized to receive an informational message or proceed without any message. The informational content varies across treatment arms and provides factual reminders relevant to long-term financial planning. After the exposure, participants report their intentions to purchase life insurance or adjust existing coverage over the coming months, together with several secondary measures related to perceived financial preparedness. The study contributes evidence on how information influences insurance-related decision making.
The household finance literature has found that investors often deviate from optimal investment behavior and suffer wealth losses due to factors such as incomplete information, lack of financial knowledge, and behavioral biases. Investment advisors perform multiple functions including information provision, investor education, and asset allocation recommendations, serving as crucial means to assist investors. Currently, there are two popular logics for investment advisor’s asset allocation recommendations: catering to investor preferences and educating investor. Exploring which asset allocation logic and design are more comprehensive, trustworthy, and beneficial to investors’ welfare holds significant implications for the upgrade of advisory services, development of financial markets, a...
Public trust is crucial for the functioning of many organizations, such as central banks. Therefore, it is important to understand which institutional characteristics affect it. More specifically, we ask whether an individualistic or a collectivist structure makes an organization more trustworthy; and whether or not communication in the form of organizational mission-statements increases public trust. To address these questions, we study repeated versions of a basic trust game in which the trustee is an organization where decisions are either made by an individual or a collective. A game-theoretic analysis implies that public trust may or may not occur for a collectivist structure with overlapping terms of decision-makers but that public trust is impossible to achieve for an organizatio...
In this correspondence study, we test for labor market discrimination in Malaysia by ethnicity and gender. In addition, we evaluate whether soft skill signals (leadership, teamwork, or none) are valued in the labor market, and their interaction with discriminatory behavior.
This study uses an experimental context to measure beliefs regarding treatment success rates after exposure to different promotional materials. The experiment assesses the type of disclosure necessary to update beliefs to be more in line with empirical success rates.