In an economy where money is tight, many charities are asking, “What motivates donors to give?” The Science of Philanthropy Initiative (SPI) addresses this question at their third annual conference, “Exploring the Science and Art of Philanthropy” at the U
Rosenfield Program: Chicago Experiments
What is the best way to improve access to healthcare in poorer parts of the world? Will people value and utilize free insurance the same way they would a cash payment?
What will sway shoppers to choose healthy options when shopping at the store? How much should a bottle of wine cost? How can educators get parents more engaged with their kids’ schooling?
Fundraising professionals might think they understand the world of charitable giving. And then the Ice Bucket Challenge comes out of nowhere.
What was once broadly viewed as an impossibility – learning from experimental data in economics – has now become commonplace. Governmental bodies, think tanks, and corporations around the world employ teams of experimental researchers to answer their most pressing questions.
Nicholas Epley is the John Templeton Keller Professor of Behavior Science at the University of Chicago Booth School of Business. He studies social cognition—how thinking people think about other thinking people—to understand why smart people so routinely misunderstand each other. His research has appeared in more than two dozen empirical journals, been featured by The New York Times, Wall Street Journal, CNN, Wired, and National Public Radio, among many others, and has been funded by the National Science Foundation and the Templeton Foundation.
Recent years have seen an enormous increase and interest in academic research using experimental methods in the field to address questions across a broad range of topics in economics. Moreover, businesses and governments across many countries around the world are starting to appreciate the power that field experiments can have on the design of products, services, and policies.
Understanding motivations in the workplace remains of utmost import as economies around the world rely on increases in labor productivity to foster sustainable economic growth. This study makes use of a unique opportunity to “look under the hood” of an organization that critically relies on worker effort and performance. By partnering with Virgin Atlantic Airways on a field experiment that includes over 40,000 unique lights covering an eight-month period, we explore how information and incentives affect captains’ performance.
High-School human capital investment occurs within a competitive environment, and Affirmative Action (AA) shapes the relative competition between blacks and whites for admission to high-quality colleges. We present a theory of AA in university admissions and conduct a field experiment to mimic aspects of competition for college. We offer relative incentives to study math and track students’ time on a mathematics website.