Multiple attribute search is a central feature of economic life: we consider much more than price when purchasing a home, and more than wage when choosing a job. An experiment is conducted in order to explore the effects of cognitive limitations on choice in these rich settings, in accordance with the predictions of a new model of search memory load. In each task, subjects are made to search th...

The Lake Urmia and its satellite wetlands have been selected as a demonstration site for the United Nations Development Program / Global Environment Facility / Department of Environment Conservation of Iranian Wetlands Project. This project aims to demonstrate reduction of the major threats of this wetland protected area coordinated through an integrated management plan. A choice experiment was...

Background Nearly every nation in the world faces shortages of health workers in remote areas. Cameroon is no exception to this. The Ministry of Public Health (MoPH) is currently considering several rural retention strategies to motivate qualified health personnel to practice in remote rural areas.   Methods To better calibrate these mechanisms and to develop evidence-based retention strategies...

Using financial incentives, we study how portfolio choice (how much to invest in a risky asset) depends on three well-known behavioral phenomena: ambiguity aversion, the illusion of control, and myopic loss aversion. We find evidence that these phenomena are present and test how the level of investment is affected by these motivations; at the same time, we investigate whether participants are w...

Gedankenexperiments have consistently played a major role in the development of quantum theory. A paradigmatic example is Wheeler's delayed-choice experiment, a wave-particle duality test that cannot be fully understood using only classical concepts. We implement Wheeler's idea along a satellite-ground interferometer that extends for thousands of kilometers in space. We exploit temporal and pol...

Societies prohibit many transactions considered morally repugnant, although potentially efficiency-enhancing. We conducted an online choice experiment to characterize preferences for the morality and efficiency of payments to kidney donors. Preferences were heterogeneous, ranging from deontological to strongly consequentialist; the median respondent would support payments by a public agency if ...