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  1.  23
    (1 other version)Taking the New Year’s Resolution Test seriously : eliciting individuals’ judgements about self-control and spontaneity.Kevin Grubiak, Andrea Isoni, Robert Sugden, Mengjie Wang & Jiwei Zheng - forthcoming - Behavioural Public Policy.
    Self-control failure occurs when an individual experiences a conflict between immediate desires and longer-term goals, recognises psychological forces that hinder goal-directed action, tries to resist them but fails in the attempt. Behavioural economists often invoke assumptions about self-control failure to justify proposals for policy interventions. These arguments require workable methods for eliciting individuals’ goals and for verifying occurrences of self-control failure, but developing such methods confronts two problems. First, it is not clear that individuals’ goals are context-independent. Second, facing an (...)
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    Inattentive consumers in markets for services.Stefania Sitzia, Jiwei Zheng & Daniel John Zizzo - 2015 - Theory and Decision 79 (2):307-332.
    In an experiment on markets for services, we find that consumers are likely to stick to default tariffs and achieve suboptimal outcomes. We find that inattention to the task of choosing a better tariff is likely to be a substantial problem in addition to any task and tariff complexity effect. The institutional setup on which we primarily model our experiment is the UK electricity and gas markets, and our conclusion is that the new measures by the UK regulator Ofgem to (...)
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