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I have noticed that the right side of an argument does not always win. The relative value of time of each person plays an invaluable role. Implication: avoid debates/arguments with someone who has a zero value of time.

An experiment on RUMORS in NETWORKS. We find even for messages with no emotional or political content (Heads or Tail), people like to: 1. Overshare 2. Care about who they are sharing with. People are good at using the network as filter. papers.ssrn.com/sol3/papers.cf… #econtwitter

So it's that time of the year again #HappyGrantApplicationRejectionDay

🚨Save the date: September 3 - 6, 2025 I'm happy to announce the 2025 European Meeting of Economic Science Association to be held at Masaryk University in Brno🇨🇿 Keynote speakers: • Anna Dreber Almenberg • George Loewenstein • Maria Bigoni • Michal Bauer More info:👇esa2025.econ.muni.cz

After being alerted about possible misconduct, the I4R are reproducing published papers that use data from a specific NGO (GDRI). This thread releases the first 2 reports and provides more information about the work and responses/statements from authors journals and journals. 🧵

Big kudos to this team for doing the work of uncovering what looks like large-scale research malpractice. Some highlights in this thread.

3. Revealing IAP changes behavior. When households were randomly shown real-time data on their IAP, pollution dropped by 17% overall & 34% during peak exposure times. How? We find overwhelming evidence that people opened windows more to ventilate. A simple, effective fix.

Today, the world lost Gene Hackman, who will be remembered for many legacies. But by behavioral economists, he will be best remembered for explaining mental accounting in this clip with Dustin Hoffman. What is mental accounting? It's our tendency to treat resources like money

Our paper with Marco Lambrecht and Yilong Xu is part of the March issue of this year in Management Science. #Econtwitter doi.org/10.1287/mnsc.2…