Behavioural Science Uncovered Behavioural Science Uncovered

In this episode, we talk with Ran Spiegler about his book "The Curious Culture of Economic Theory". The book is a collection of essays about how the professional culture of economics shapes the way theory is done. Our interview focuses on Chapter 8, in which Ran describes the story behind his American Economic Review paper "Search Design and Broad Matching" co-authored with Kfir Eliaz. In this project, Ran and Kfir attempted to study a problem using an established but "unfashionable" modeling approach. Despite getting interesting results, they later rewrote the paper using the standard approach in the literature. Among other things, we discuss why they felt they had to do this and how the new design nudged them into asking certain questions they were originally not interested in.

In this episode, we talk with Simeon Schudy about his working paper "The Effect of Incentives in Non-Routine Analytical Team Tasks", co-authored with Florian Englmaier, Stefan Grimm, Dominik Grothe and David Schindler (forthcoming in the Journal of Political Economy). Using a novel experimental setup, escape rooms, this paper investigates the effect of incentives on performance in non-routine analytical team tasks. The paper studies the value of incentives for both intrinsically and less intrinsically motivated teams. Further, it evaluates how incentives affect team organization and studies the impact of exogenously varying the demand for leadership in such tasks.
The following reference was also mentioned during the conversation:
Englmaier, F., Grimm, S., Grothe, D., Schindler, D., and Schudy, S. (2021): "The Efficacy of Tournaments for Non-Routine Team Tasks", forthcoming in the Journal of Labor Economics.
 

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.