Alex Ballyk
alexballyk.bsky.social
Alex Ballyk
@alexballyk.bsky.social
Postdoc at NYU | Experimental/behavioral econ; interested in communication & advice | https://sites.google.com/view/alexballyk
In my Beliefs Experiment, I prompt Advisors to guess the Chooser’s strategy before sending their recommendations. I find that Advisors become much more likely to send optimal recommendations. [6/7]
November 18, 2024 at 12:54 AM
In my Main Experiment, I find:
- Despite learning that Choosers consistently reject a recommendation to switch to sprinkler 3, most Advisors send sub-optimal recommendations
- Many Advisors always recommend the sprinkler above the plant pot [5/7]
November 18, 2024 at 12:54 AM
A Chooser should reject a recommendation to switch to sprinkler 3. Thus, an Advisor’s optimal recommendations involve recommending sprinkler 2 when pot 3 is the plant pot. Intuitively, this prompts the Chooser to make a small welfare-improving change, instead of none at all! [4/7]
November 18, 2024 at 12:54 AM
In the experiments, I frame the game as follows:
- One "plant pot" contains a seed that will grow more if a sprinkler closer to it is turned on
- A Chooser decides whether to accept a recommendation to switch sprinklers, but is wary of the recommendation to switch to sprinkler 3 [3/7]
November 18, 2024 at 12:54 AM
Could you persuade someone who's reluctant to change their behavior to take an action that’s in their best interest? I find that, on their own, most people can't! A🧵on my JMP [1/7]

🔗to paper: alexballyk.github.io/personal-web...

🔗to my website: sites.google.com/view/alexbal...

#EconSky #EconJMP
November 18, 2024 at 12:54 AM