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#experimentalecon — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #experimentalecon, aggregated by home.social.

  1. Choice Architecture in Occupational Choices
    repec.business.uzh.ch/RePEc/is
    This study uses a Swiss job board to analyze how rank order and design influence high-stakes occupational choices. Higher rankings increased applications, especially for high-paying and gender-congruent occupations. Users interpreted rank to justify choices aligning with identity, providing field evidence for motivated reasoning. An interactive, visually enriched interface redesign boosted applications and watch list usage. Results show that reducing cognitive load expands the variety of options individuals consider and remember.
    #choicearchitecture #motivatedreasoning #laborEconomics #jobtech #ExperimentalEcon
    #BoundedRationality

  2. Against the Standard archiv.ub.uni-heidelberg.de/vo
    "… in the absence of feedback, women are less likely than men to benchmark their performance against a standard of excellence. This is inefficient because women who are likely to obtain increased rewards choose a low reward scheme instead.
    … When feedback is provided and the standard is set by peers, this gender gap closes. However, the gap re-emerges, and even widens, when the standard of excellence is set by experts.
    … If standards are set by experts and committees are perceived as male-dominated, a gender gap will exist in the award of promotions, grants or recognition. Understanding the differential impact of standards and feedback provision can help to design more inclusive competitive processes and bridge gender gaps in labour market outcomes."
    #ExperimentalEcon #LaborEconomics #wages #gpg #LaborMarkets

  3. Who Gets the Callback? Generative AI and Gender Bias d.repec.org/n?u=RePEc:arx:pape
    "… most #llm models reproduce stereotypical gender associations and systematically recommend equally qualified women for lower-wage roles, indicating occupational segregation.
    … These biases stem from entrenched gender patterns in the training data as well as from an agreeableness bias induced during the reinforcement learning from human feedback stage
    .…AI-driven hiring may perpetuate biases in the labor market and have implications for #fairness and diversity within firms"
    #AI #jobtech #ExperimentalEcon #LaborEconomics #discrimination #bias

  4. As living costs (excluding medical) tend to decrease over time as people inherit or are looked after by others, should individual income vary throughout life?
    Including for people who may die suddenly, e.g. from distracted driving?

    Either everyone is worthy of having their needs met OR they are not.

    If there are other rewards to incentivise pro-social, sustainable behaviours,
    Then we need to implement them.
    If we can’t yet, then we need to create more favorable conditions to do so.

    Until then, the dogshit I need to memorise from the Life in the UK Test is masturbatory bootlicker propaganda.

    Have ‘fun’ lifeintheuktests.co.uk/life-in

    nebula.tv/videos/citynerd-this

    #economy #ExperimentalEcon #economics #AskAnEconomist #economist #economists #MagicWandWishList

  5. For fucks’ sake. I don’t want to presume to know better than trained economists, nor can I ignore bullshit assumptions.

    What, precisely, is wrong with literally every person receiving the same amount of money?
    (Maybe proportional up to like age 13 or something, then smaller incremental increases up to the adult rate.)

    “It might not produce a functional society if a new engineering graduate and a senior engineering lead doing good work for years, in a high-stress job, were given the same amount of money.” (Summary, not exact words.)

    Why? Is the job *necessarily* highly stressful?
    Could the job not be split up or involve shared decision-making with shared accountability?

    Does choosing to sacrifice your wellbeing make someone more “worthy” of a higher quality of life? Even if there are more effective options available?

    nebula.tv/videos/citynerd-this

    #economy #ExperimentalEcon #economics #AskAnEconomist #economist #economists #MagicWandWishList