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Incentives for Nothing or Why Behavioral Experiments are Needed? Uri Gneezy talks in Barcelona
Video: Highlights of Prof. Uri Gneezy Talk in Barcelona, 2014
Labels as nudges? An experimental study of car eco-labels
June 14, 2024

This article presents the results of a laboratory experiment and an online multi-country experiment testing the effect of motor vehicle eco-labels on consumers. The laboratory study featured a discrete choice task and questions on comprehension, while the ten countries online experiment included measures of willingness to pay and comprehension. Labels focusing on fuel economy or running costs are better understood, and influence choice about money-related eco-friendly behavior. We suggest that this effect comes through mental accounting of fuel economy. In the absence of a cost-saving frame, we do not find a similar effect of information on CO2 emissions and eco-friendliness. Labels do not perform as well as promotional materials. Being embedded into a setting, which is designed to capture the attention, the latter are more effective. We found also that large and expensive cars tend to be undervalued once fuel economy is highlighted.

In your neighborhood: Are you Altruist, Egoist… or a Hooligan? (ENG/ESP)
June 14, 2024
Daniel Guerrero

TL;DR Generosity in small neighborhoods generates virtuous cycles that promote the mutation of egoistic behaviors into reciprocity

Stay home and make good decisions
June 14, 2024
Daniel Guerrero

The Coronavirus epidemic (Covid-19) has generated a worldwide alarm that resulted in governments resorting to use of restrictive measures. However, isolation is bringing negative effects to mental health that are also necessary to attend.

Quédate en casa y toma buenas decisiones
June 14, 2024
Daniel Guerrero

La epidemia de coronavirus (Covid-19) ha generado una alarma mundial que provocó que los gobiernos recurrieran al uso de medidas restrictivas. Sin embargo, el aislamiento está trayendo efectos negativos para la salud mental que también son necesarios de atender.

Public policy
La importancia de la discusión del GDPR en Latinoamérica
June 14, 2024
Nathaly Gómez

La Unión Europea dio inicio a la implementación del GDPR (General Data Privacy Regulation) en mayo de 2018 con la que busca crear un marco jurídico que brinde más control sobre el uso que se dan a los datos personales obtenidos a través de servicios en línea o bases de datos. Hoy en día, se ha iniciado la discusión en países como Brasil con el objetivo de brindar a los usuarios mayor seguridad y conocimiento de sus acciones en el tema y a su vez, evitar que se repitan episodios como el de Cambridge Analytica y Facebook.

The importance of GDPR discussion in Latin America
June 14, 2024
Nathaly Gómez

The European Union (EU) began the implementation of the GDPR (General Data Privacy Regulation) in May 2018 with the aim of developing a legal framework that provides more control over the use of personal data obtained through online services or databases. Today, the discussion has begun in countries such as Brazil with the aim of providing users with greater security and knowledge of their actions, and to avoid repeating episodes such as Cambridge Analytica and Facebook

Finance
Dr. Heather Kappes on how people spend and spending patterns in post COVID19 world
June 13, 2024
Daniel Guerrero

Movers & Shakers interview with Dr. Heather Kappes (LSE) about how people spend, what economic research and economic experiments have taught us, and which research findings might be relevant for post COVID19 life.

Process-tracing
Online Spending Game as a Behavioral Research Tool. Experiment at the Science Museum (London)
June 14, 2024
Daniel Guerrero

“Game of Life”, an interactive spending game played at Science Museum (London) build by Expilab investigates how and why we spend our money the way we do

Business
Personal data consent: What customers are afraid of and what do they look for?
June 14, 2024
Daniel Guerrero

How companies can increase personal data consent? Consumers’ reluctance to reveal their personal information is primarily triggered by the lack of adequate info, so companies can address that by providing clear and direct information of destination and purpose of data collected.

Process-tracing
Online Gambling: Consumer Protection Measures
June 14, 2024
Daniel Guerrero

After the announcement of WhatsApp on its new terms of use of users’ data, we feel that somehow full transparency of privacy concerns is not always the best strategy to gain credibility.