@remisuchon.bsky.social
🚨 NEW PAPER: When low-income Americans get $1,000/month for 3 years, what happens to their political views & behavior?
The OpenResearch Unconditional income Study reveals surprising findings about the effects of income on politics... 🧵
The OpenResearch Unconditional income Study reveals surprising findings about the effects of income on politics... 🧵
December 2, 2024 at 9:40 PM
Reposted
I like Ryan’s paper and (obviously) I think complexity matters for behavior.
But I think Florian’s updating too much from one experiment. I want to see replications and results from ‘nearby’ designs before saying the lottery anomalies have nothing to do with risk.
But I think Florian’s updating too much from one experiment. I want to see replications and results from ‘nearby’ designs before saying the lottery anomalies have nothing to do with risk.
Some of the most important lottery anomalies from the behavioral risk literature (e.g., probability weighting and loss aversion) actually have nothing to do with risk.
They also arise in perfectly deterministic settings.
Lead article in the latest AER issue:
www.aeaweb.org/articles?id=...
November 28, 2024 at 4:36 PM
I like Ryan’s paper and (obviously) I think complexity matters for behavior.
But I think Florian’s updating too much from one experiment. I want to see replications and results from ‘nearby’ designs before saying the lottery anomalies have nothing to do with risk.
But I think Florian’s updating too much from one experiment. I want to see replications and results from ‘nearby’ designs before saying the lottery anomalies have nothing to do with risk.