Behavioural Science Uncovered

In this episode, we talk with Marta Serra-Garcia Marta Serra-Garcia about her American Economic Review paper "Enabling or Limiting Cognitive Flexibility? Evidence of Demand for Moral Commitment," co-authored with Silvia Saccardo. This paper investigates the nature and flexibility of self-serving beliefs in decision environments where morals and personal incentives are in conflict. Through laboratory experiments, the authors distinguish participants who are willing to curb opportunities for self-serving beliefs, favouring moral behaviour, from those who seek the cognitive flexibility to entertain beliefs that can justify their selfish decisions.   

In this episode, we talk with Johannes Haushofer about his paper “The Comparative Impact of Cash Transfers and a Psychotherapy Program on Psychological and Economic Well-being” co-authored with Robert Mudida and Jeremy Shapiro. This paper explores the possible interactive or synergetic effects between cash transfers and a psychotherapy intervention in Kenya. We discuss the surprising results of this study, some of the biggest challenges and ethical considerations such as the collection of sensitive data and randomisation of cash transfers itself.

In this episode, we talk with Ben Golub about his paper “Signaling, Shame, and Silence in Social Learning” co-authored with Arun Chandrasekhar and He Yang. This paper studies how signaling, and shame-related concerns can reduce social learning. Throughout the conversation, Ben also shares helpful pieces of advice for young researchers ranging from working on multiple projects to writing better.  

In this episode we talk with Shengwu Li about his paper Obviously Strategy-Proof Mechanisms . In this paper Shengwu introduces the notion of an "obviously dominant strategies", which describes a strategy that is not only dominant but can also recognised as weakly dominant by an agent with cognitive limitations. 

In this episode we talk with Peter Schwardmann and Egon Tripodi about their paper Self-Persuasion: Evidence from Field Experiments at International Debating Competitions. In this paper Peter and Egon study if people are more likely to believe in the veracity of a claim if it is convenient for them to do so. 

In this episode, we talk to Pietro Biroli from the University of Bologna about his paper ”Moral Hazard Heterogeneity: Genes and Health Insurance Influence Smoking after a Health Shock”. In this paper, Pietro and his co-author Laura Zwyssig show that individual behaviour is influenced not only by environmental constraints but also by genetic makeup, which carries implications for the fairness and effectiveness of health policies.

In this episode, we talk to Katy Milkman from the Wharton School of the University of Pennsylvania about some of the research that led to the production of her recent book, How to Change. Throughout this conversation, Katy shares with us what she has learned from her many years of experience as a behavioural science researcher and where she might go next to tackle the challenge that preoccupies her the most: changing behaviour for good.

In this episode we talk to Daniel Gottlieb from LSE about his paper Lapse-Based Insurance . In this paper Daniel studies why customers lapse on their life insurance payments and how this is related to insurance pricing using both a theoretical model and a survey data.

In this episode, we talk with Itzhak Gilboa, professor of Economics at the HEC Paris and Tel-Aviv University, and holder of the AXA Chair in Decision Sciences. We will talk about the contrast “expected vs. actual success” of two of his papers. “Case-Based Decision Theory” was expected to be very successful, but turned out not to be. The second paper, “Maxmin Expected Utility with Non-Unique Prior” was not expected to be a big deal, but is now listed as the most cited and the most relevant paper in the Journal of Mathematical Economics. Tune in for a discussion centered around the development of the ideas, the publication process, and to learn about axiomatic decision theory.

In this episode we talk to Aurélien Baillon from Erasmus University Rotterdam about his papers Bayesian Markets to Elicit Private Information  and Simple Bets to Elicit Private Signals. In this work Aurélien studies how we can elicit private information about questions for which we cannot verify if the subject responds truthfully, such as her subjective belief about whether she liked a product.