CHIBE in the News

Forbes: The Joy Of Being Wrong And The Danger Of Desirability Bias

By In the News

No one enjoys being wrong,” Daniel Kahneman told Adam Grant, who recounted their conversation during a recent interview, “but I do enjoy having been wrong, because it means I am now less wrong than I was before.” Grant describes Kahneman, the psychologist seen as the originator of and greatest contributor to the field of behavioral economics, as “a living legend,” a lofty label that Grant himself is sure to earn any day now. So when these two sages, known for having gotten so much right, talk about their enjoyment in having been wrong, it provides a special comfort to those of us who…

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Tech Xplore: Using large-scale dataset experiments and machine learning to discover new theories of decision

By In the News

A team of researchers from Princeton University along with one from Worcester Polytechnic Institute has developed a way to use large-scale dataset experiments and machine learning to discover new theories of decision-making. In their paper published in the journal Science, the group describes their approach to using a common tradeoff experiment to generate large datasets for use in testing and developing new theories surrounding human decision-making. Sudeep Bhatia and Lisheng He with the University of Pennsylvania and Shanghai International Studies University, respectively, have published a Perspectives piece in the same journal issue outlining current issues with decision theory and the work…

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Pennsylvania News Today: Sweepstakes give vaccinated residents a chance to win up to $ 50000.Coronavirus

By In the News

Financial incentives have been launched to motivate Philadelphia residents to be vaccinated against COVID-19. Through Philly Vax Sweepstakes, a total of 36 Philadelphia vaccinated people over the age of 18 can win up to $ 50,000 and a total of nearly $ 400,000. Six people will each win $ 1,000 in three draws on June 21, July 6, and July 19. Four earn $ 5,000 and two earn $ 50,000. Financial support for the sweepstakes and related research is provided by the Wharton School and the University of Pennsylvania’s “Good Initiatives for Behavioral Change,” the University of Pennsylvania Health Incentives…

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Media Coverage of Philly Vax Sweeps

By In the News

In an effort to get more people vaccinated, Philadelphia is following in the footsteps of other places that’ve offered cash incentives to get the COVID-19 vaccine, but with a unique psychological twist. The city is holding what’s known as a “regret sweepstakes,” officials announced Monday. Every two weeks starting June 21, a pair of residents will be selected to win $50,000 each. Three of these drawings are scheduled so far, and each one also comes with a slew of secondary $5k and $1k prizes. The catch: officials will only hand over the money if you already got your shot. That…

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WHYY: Ending work from home post-COVID: What will it be like?

By In the News

COVID-19 restrictions are ending. Mask mandates for vaccinated people are lifting. Life as we knew it is on its way back, though maybe with a few tweaks. What will that be like? WHYY’s Health Desk Help Desk spoke with an epidemiologist and a behavioral health specialist about how to approach personal interactions in a post-pandemic world. Many people couldn’t work from home and essential workers put their lives at risk to keep necessities like supermarkets, transportation, and health services open. For those of us who could, there will be a transition, said Carolyn Cannuscio, associate professor of family medicine and…

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Choiceology: Season 7 Episode 6

By In the News

In this episode of Choiceology with Katy Milkman, we look at how questioning our basic assumptions and thinking like a scientist can help us untangle the knottiest of problems and make choices with greater confidence. Adam Grant joined Katy to talk about the methods scientists use to avoid certain pitfalls, such as confirmation bias, in the search for objective information. Rather than treat our beliefs or opinions as truths, Adam encourages us to treat them instead as hunches. Hunches can be tested, as scientists test their hypotheses. Taking this scientific approach to difficult problems often yields better results in business, politics, and…

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Daily Press: Cash, cruises, Super Bowl tickets are among rewards being offered to get a COVID-19 vaccine

By In the News

Want tickets to the Super Bowl? An all-expenses-paid cruise through the Caribbean? A check for thousands of dollars? Get a COVID-19 vaccine, and you may win one of those — or a host of other rewards offered to induce people to get their shots. With about 41% of the U.S. population fully vaccinated, officials in public health and the private sector have begun turning in recent weeks to tangible prizes to incentivize remaining Americans to do so. Subtle messaging around incentives — and more generally about the vaccine — are hugely important in the rollout, said Gretchen Chapman, a professor…

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CNBC: The risky thinking that will define the post-Covid consumer: Wharton psychology guru

By In the News

Instead of jumping to a conclusion about the post-Covid consumer, revert to one that psychology studies educated us on long before the pandemic. Individuals don’t change habits easily, and what they may stand to lose by changing behavior weighs more heavily on the mind than any potential gain. “Breaking habits is hard. It is an uphill battle,” said Wharton professor of marketing and psychology Deborah Small at the recent CNBC Small Business Playbook Summit. The idea related to the way we perceive risk behind that is known in the academic field as loss aversion, and the pandemic did complicate it….

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GQ: How to Actually Change Your Behavior for the Better

By In the News

If you need to be convinced that humans aren’t so great at changing their behavior, look no further than the monumental effort it’s taken to get American to wear masks, socially distance, and get vaccinated. Which explains why Dr. Katy Milkman has had a very busy pandemic. As a behavioral scientist and professor at Wharton, she’s one of the people in the country most primed to understand why humans do (or don’t do) the things they do. Though there has always been outreach from companies and public policy makers from time to time, she says that during the pandemic “the…

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Colorado Public Radio: Million-Dollar Drawings, Drag Queens And Free Beer — How Effective Are COVID Vaccine

By In the News

It’s unknown how effective these incentives are, but even small vaccine clinics can create a ripple effect. So how effective are different types of vaccine incentives? When it comes to monetary incentives, like Colorado’s $1,000,000 drawings, the reviews from public health leaders are mixed. Dr. Kevin Volpp is the director of the Center for Health Incentives and Behavioral Economics at the University of Pennsylvania. He said, “If [people] are at all on the fence in terms of getting vaccinated, or they haven’t gotten vaccinated because they just haven’t gotten around to it, then this kind of incentive could be a…

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