No mood effects in the field: The case of car inspections

IF 2.5 2区 经济学 Q2 ECONOMICS
Margaret Samahita , Håkan J. Holm
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引用次数: 0

Abstract

We study mood effect in the field to measure its economic impact and address shortcomings in the existing literature, which typically uses one single mood proxy and ignores selection effects. Using over 50 million car inspections in Sweden and England and multiple mood proxies, we study whether car inspectors are more lenient on good mood days and if car owners self-select into those days. We find evidence of a “Friday effect” in England and a small selection bias, but no support for consistent mood effect. Our findings highlight the importance of considering the expectations of rational actors who may exploit mood effect and the need to study mood in the field using different settings and multiple proxies to avoid hasty conclusions.

现场无情绪影响:以汽车检查为例
我们在该领域研究情绪效应,以衡量其经济影响,并解决现有文献中通常使用单一情绪代理而忽略选择效应的缺点。在瑞典和英国使用超过5000万的汽车检查和多种情绪代理,我们研究了汽车检查员是否在心情好的日子里更宽容,以及车主是否自己选择那些日子。我们在英国发现了“星期五效应”的证据,并发现了少量的选择偏差,但没有证据支持持续的情绪效应。我们的研究结果强调了考虑可能利用情绪效应的理性行为者的期望的重要性,以及使用不同的设置和多种代理来研究现场情绪的必要性,以避免草率的结论。
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来源期刊
CiteScore
5.20
自引率
31.40%
发文量
69
审稿时长
63 days
期刊介绍: The Journal aims to present research that will improve understanding of behavioral, in particular psychological, aspects of economic phenomena and processes. The Journal seeks to be a channel for the increased interest in using behavioral science methods for the study of economic behavior, and so to contribute to better solutions of societal problems, by stimulating new approaches and new theorizing about economic affairs. Economic psychology as a discipline studies the psychological mechanisms that underlie economic behavior. It deals with preferences, judgments, choices, economic interaction, and factors influencing these, as well as the consequences of judgements and decisions for economic processes and phenomena. This includes the impact of economic institutions upon human behavior and well-being. Studies in economic psychology may relate to different levels of aggregation, from the household and the individual consumer to the macro level of whole nations. Economic behavior in connection with inflation, unemployment, taxation, economic development, as well as consumer information and economic behavior in the market place are thus among the fields of interest. The journal also encourages submissions dealing with social interaction in economic contexts, like bargaining, negotiation, or group decision-making. The Journal of Economic Psychology contains: (a) novel reports of empirical (including: experimental) research on economic behavior; (b) replications studies; (c) assessments of the state of the art in economic psychology; (d) articles providing a theoretical perspective or a frame of reference for the study of economic behavior; (e) articles explaining the implications of theoretical developments for practical applications; (f) book reviews; (g) announcements of meetings, conferences and seminars.
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