Essays in behavioral economics

This thesis comprises three chapters on topics in behavioral and experimental economics. In the first chapter, I show formally that, in a limited attention framework, the choices made by a decision maker who considers at least two available alternatives under sequential elimination are consistent wi...

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Detalles Bibliográficos
Autor: Rui, Guan
Tipo de recurso: tesis doctoral
Estado:Versión publicada
Fecha de publicación:2022
País:España
Institución:CBUC, CESCA
Repositorio:TDR. Tesis Doctorales en Red
OAI Identifier:oai:www.tdx.cat:10803/675821
Acceso en línea:http://hdl.handle.net/10803/675821
Access Level:acceso abierto
Palabra clave:Behavioral economics
Economia conductual
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Descripción
Sumario:This thesis comprises three chapters on topics in behavioral and experimental economics. In the first chapter, I show formally that, in a limited attention framework, the choices made by a decision maker who considers at least two available alternatives under sequential elimination are consistent with preference maximization, whereas this is not necessarily the case under the direct procedure. Furthermore, I implement a randomized controlled experiment, which finds causal evidence that sequential elimination leads to an economically meaningful improvement in individual consistency, especially for subjects with low cognitive ability. The second chapter studies the impacts of visual and auditory strategies on consumer behavior in mobile advertising by a novel data set of two large-scale randomized field experiments. The third chapter implements a randomized controlled experiment and finds causal evidence that providing auditory descriptions of decisions, compared to visual descriptions, leads to severe impairment in economic rationality.