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Thanks so much for sharing this profile of my work, @econuoft.bsky.social! It was a pleasure chatting about my research, teaching and involvement in the academic community.
Nov 21, 2024
In the experiments, I frame the game as follows: - One "plant pot" contains a seed that will grow more if a sprinkler closer to it is turned on - A Chooser decides whether to accept a recommendation to switch sprinklers, but is wary of the recommendation to switch to sprinkler 3 [3/7]
#EconSky #EconJMP
A Chooser should reject a recommendation to switch to sprinkler 3. Thus, an Advisor’s optimal recommendations involve recommending sprinkler 2 when pot 3 is the plant pot. Intuitively, this prompts the Chooser to make a small welfare-improving change, instead of none at all! [4/7]
Nov 21, 2024
Nov 18, 2024
Nov 18, 2024
To study whether paternalistic “Advisors” can persuade reluctant “Choosers” to change their behavior, I: 1️⃣Develop a model of a recommendation game, which characterizes the recommendations an Advisor *should* send. 2️⃣Experimentally test whether Advisors *actually* send them. [2/7]
Nov 18, 2024
Could you persuade someone who's reluctant to change their behavior to take an action that’s in their best interest? I find that, on their own, most people can't! A🧵on my JMP [1/7] 🔗to paper: alexballyk.github.io/personal-web... 🔗to my website: sites.google.com/view/alexbal... #EconSky #EconJMP
In my Main Experiment, I find: - Despite learning that Choosers consistently reject a recommendation to switch to sprinkler 3, most Advisors send sub-optimal recommendations - Many Advisors always recommend the sprinkler above the plant pot [5/7]
Alex Ballyk
My results imply that... - Advisors may not consider how Choosers will respond to their recommendations - Prompting them to do so may improve their ability to steer Choosers towards better decisions Read more here: alexballyk.github.io/personal-web... Thanks! Feedback is welcome!🙂 [7/7]
Nov 18, 2024
Nov 18, 2024
Alex Ballyk
Nov 18, 2024
In my Beliefs Experiment, I prompt Advisors to guess the Chooser’s strategy before sending their recommendations. I find that Advisors become much more likely to send optimal recommendations. [6/7]
Alex Ballyk
Alex Ballyk
Nov 18, 2024
Alex Ballyk
Alex Ballyk
Alex Ballyk
Alex Ballyk
Alex Ballyk