Alleviating behavioral biases at job search: Do nudges work?
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DOI: 10.1371/journal.pone.0266105
Abstract: We experimentally study the effectiveness of policy interventions in reducing the negative welfare effects of behavioral biases on job search. Due to quasi-hyperbolic discounting, individuals reduce their search effort and reservation wage, while the sunk-cost… read more here.
Keywords: biases job; reservation wage; search; behavioral biases ... See more keywords