Today is the day in which parties in Israel get listed with the central elections committee. Dan Arieli, yes, that Dan Arieli, is there (on the left) to list the Pirate Party. Which is certainly a choice.
Sam Hirshman
@hirshmansam.bsky.social
Assistant Professor of Marketing Cornell SC Johnson College of Business, Past: FAIR/NHH Econ, Post Doc: CU-Boulder, PhD: Chicago Booth. Behavioral economics, financial decision making, coffee. samhirshman.com
Investigating how the gender mix of expert teams affects performance during childbirth care finds that female-only teams achieved the best maternal outcomes, from Ambar La Forgia and Manasvini Singh www.nber.org/papers/w35084
I'm delighted that our paper, "Risk Matters Less When Options Are Apples-to-Oranges: The Translate-and-Accommodate Model" (Evan Weingarten, Yuval Rottenstreich, and George Wu) has just been accepted at Psychological Review. papers.ssrn.com/sol3/papers.... 1/N
<p><span>Risk Matters Less When Options Are Apples-to-Oranges: </span><span>The Translate-and-Accommodate Model</span></p>
<div> <div> <div> <p><a rel="nofollow"><span>Risk aversion for moderate-likelihood gains is perhaps the best-known stylized fact from decision r
papers.ssrn.com
FYI: The deadline to apply for this is coming up! (Oct 23rd)
Excited to announce our amazing lineup of speakers for the 2026 JDM preconference at SPSP! Conference date: Feb 26th Location: Chicago Deadline to apply: Oct 23rd. Application link: spsp.wufoo.com/forms/2026-p... cc: @sdellavi.bsky.social, @hirshmansam.bsky.social, @vinisingh.bsky.social
الحمد لله رب العالمين שהחיינו וקיימנו והגיענו לזמן הזה
Excited to announce our amazing lineup of speakers for the 2026 JDM preconference at SPSP! Conference date: Feb 26th Location: Chicago Deadline to apply: Oct 23rd. Application link: spsp.wufoo.com/forms/2026-p... cc: @sdellavi.bsky.social, @hirshmansam.bsky.social, @vinisingh.bsky.social
The first “removal” (if this stands) of a Federal Reserve Board Governor in the institution’s 112 year history. Totally unprecedented. No due process. A totally authoritarian move.
Losing a job is intensely stressful, and often has consequences for behavior and mental health. But some of its psychological effects may run counter to expectations. www.chicagobooth.edu/review/job-l... via Booth's @abbysussman.bsky.social
Job Loss Can Lead to Risky Decision-Making
Rather than being more financially cautious after a layoff, many become less so.
chicagobooth.edu
Our statement on the ICE arrest of Palestinian activist and Columbia University student protest leader, Mahmoud Khalil:
New paper: We combine evidence from a survey (correlational), bank spending data, and online experiments to show that job loss increases risk taking. Joint work with @abbysussman.bsky.social, Carlos Vazquez-Hernandez, Daniel O'Leary, and Jennifer Trueblood
Job loss increases financial risk-taking. People who lost their jobs during the pandemic were more likely to gamble and purchase more lottery tickets, on average, than people who had not lost their jobs. In PNAS: www.pnas.org/doi/10.1073/...
1 December 1942 | A transport of 532 Norwegian Jews deported from Bergen arrived at #Auschwitz. SS doctors sent 186 men to be registered in the camp. The remaining 346 people were murdered in a gas chamber. Among them were Olga Wulff and her daughter Doris.
How did changing the riskiness of a choice impact the gender gap in willingness to ask? My new paper in MS with Alex Willén finds gender gaps widen, which benefits men more. The gap is likely driven by gender differences in beliefs. pubsonline.informs.org/doi/epdf/10....
Does Increasing the Riskiness of Choices Widen Gender Gaps?
pubsonline.informs.org
How did changing the riskiness of a choice impact the gender gap in willingness to ask? My new paper in MS with Alex Willén finds gender gaps widen, which benefits men more. The gap is likely driven by gender differences in beliefs. pubsonline.informs.org/doi/epdf/10....
Does Increasing the Riskiness of Choices Widen Gender Gaps?
pubsonline.informs.org
Totally agree with @shengwuli.bsky.social. The broader point is that I think we need to directly address the elephant in the room: the *huge* impact of context--i.e., seemingly irrelevant factors--on choice and beliefs. 🧵 on the behavioral economics of context, with some new data at the end.
I like Ryan’s paper and (obviously) I think complexity matters for behavior. But I think Florian’s updating too much from one experiment. I want to see replications and results from ‘nearby’ designs before saying the lottery anomalies have nothing to do with risk.
Periodic reminder that my BibTeX Converter allows you to simply copy a screenshot of the journal website and get a perfectly formatted BibTeX entry chatgpt.com/g/g-4edrlrF3...
Great thread Sam! I’d add that everyone should read Tversky, Sattath, and Slovic (1988), Psych Rev for theorizing on why different “response modes” might lead to different preference orderings. psycnet.apa.org/record/1988-...
APA PsycNet
psycnet.apa.org
I disagree here. The papers are interesting as @aleximas.bsky.social has pointed out (bsky.app/profile/alex...), but differences in elicitation producing preference reversals predates Prospect Theory. If you don't know Lichtenstein & Slovic (1971) and Grether and Plott (1979), read below.
These two papers, taken together, really cause a rethinking of behavioral economies. Rather than having anomalous risk preferences; it looks like people have complexity aversion to "hard" decisions, especially on valuation, which drives behavioral anomalies. Herbert Simon ftw.
Excited that my paper "Ownership, Learning, and Beliefs" with @aleximas.bsky.social and Sam Hartzmark got honorable mention for best JDM paper of 2021 at SJDM 2024. TLDR: People have more extreme reactions to information owned goods compared with the same information about a nonowned good
If you're looking for a special coffee to brighten your day, try the Los Nogales roasted by Sweven Coffee in Bristol. Fruity with a bit of funkiness to it, but not over the top. I really enjoyed it! www.swevencoffee.co.uk/product/los-...
Forthcoming in the AER: "Dynamic Inconsistency in Risky Choice: Evidence from the Lab and Field" by Rawley Heimer, Zwetelina Iliewa, Alex Imas, and Martin Weber. www.aeaweb.org/articles?id=...
Dynamic Inconsistency in Risky Choice: Evidence from the Lab and Field
(Forthcoming Article) - We document a robust dynamic inconsistency in risky choice. Using a unique brokerage dataset and a series of experiments, we compare people's initial risk-taking plans to their...
aeaweb.org
Very excited that ECBE is going to be in Bergen! Submit your papers!
📢 Early-Career Behavioral Economics Conference 2025 📢 Check out the call, help spread the word to your early-career colleagues, and submit your wonderful papers! Hosted by FAIR, Bergen, June 19-20, 2025 More info: sites.google.com/site/ecbecon...
Excited to announce the keynote speakers for the Judgment & Decision-Making preconference at #SPSP2025! Submit posters here: spsp.wufoo.com/forms/2025-p... We will also have flash talks! Fellow organizers: Sydney Scott and @hirshmansam.bsky.social
As a Jew and grandson of a holocaust survivor and a German refugee this is incredibly chilling to me
I've seen a lot of one-offs of people holding these signs, but what is truly chilling is a sea of these being held up by delegates.
199 hostages! 199 kidnapped! And that’s not even the final number. stories.bringthemhomenow.net
Bring Them Home Now
We demand the safe return of all citizens who have been taken hostage by the terrorist group Hamas. We will not stop until each person is safely returned. With your help, we can bring them home.
stories.bringthemhomenow.net
Don't forget to submit to the JDM Precoference at SPSP. Deadline is October 18th!
The submission portal is now open for the Judgment & Decision Making pre-conference at #SPSP2024! It's on Feb 8 in San Diego & we have a great line-up of speakers. Accepting submissions for data blitz and posters. Co-organizers: Alice Moon & @HirshmanSam spsp.wufoo.com/forms/s1uauf...
Hi, #EconSky 📉📈 ! I am on the job market this year, so in the spirit of “hire me, please” energy, I’ll be sharing a short run-down of some of my work (since starting my post-doc in 2021). I have broad interests, but I generally call myself an applied labor & public economist.
The submission portal is now open for the Judgment & Decision Making pre-conference at #SPSP2024! It's on Feb 8 in San Diego & we have a great line-up of speakers. Accepting submissions for data blitz and posters. Co-organizers: Alice Moon & @HirshmanSam spsp.wufoo.com/forms/s1uauf...
Still crazy to me that people whose work I read and admired in undergrad know who I am