Complexity of the Policy Environment and Decision-Making: An Experimental Investigation

Project: Research project

Description

Statement of Work The goal of the project is to provide evidence on the behavioral responses to complexity. Our approach is experimental, and I will help design and implement both a hypothetical policy experiment and an incentivized (real) choice experiment to learn about individual responses to complexity in policy-relevant environments. The results of the research should be helpful to academics working at the edges of psychology and economics. They should also be useful to policy makers interested in better understandings of how strictly rational models of behavior can be improved for purposes of prediction and welfare analysis.
StatusFinished
Effective start/end date9/30/138/31/14

Funding

  • HHS-NIH: National Institute on Aging (NIA): $14,000.00

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Decision making
Politicians
Prediction
Psychology and economics
Experiment
Choice experiment
Behavioral response
Welfare analysis