An Experimental Test of Risk Perceptions under a New Hurricane Classification System

Tue, 19 Aug 2025 00:00:00 +0000

Information about changes in platform economy taxation diminishes optimism regarding future use

Thu, 14 Mar 2024 00:00:00 +0000

Information design in one-sided matching problems

Wed, 06 Mar 2024 00:00:00 +0000

For the 'Greater Good': Please Choose A

Abstract: How do people trade off individual versus group welfare in the face of uncertainty regarding private benefits of different actions? We propose a partial information revelation (`recommendation’) policy designed to maximize group welfare, and we show its theoretical robustness to well-documented behavioral deviations from the risk neutral, Bayesian, and self-interested benchmark. In a large-scale online experiment with 2600 subjects, we then show that this policy fails to improve upon a full information benchmark even when individual and group objectives are aligned. In this case, information design is theoretically powerful but requires sophisticated inferences from players. Indeed, we show that cognitive limitations reduce the predictive value of the theory. This provides suggestive evidence in favor of simplicity in information design in multi-agent strategic settings.

[in review]

Online Experiment | Jantsje Mol

An Experimental Test of Risk Perceptions under a New Hurricane Classification System

Information about changes in platform economy taxation diminishes optimism regarding future use

Information design in one-sided matching problems

For the 'Greater Good': Please Choose A