A famous 1998 field experiment examined the effect of introducing and then removing a fine for parents who were late picking up their children from daycare centers. Arrange the stages and key findings of this experiment in the correct chronological order.
0
1
Tags
Library Science
Economics
Economy
Introduction to Microeconomics Course
Social Science
Empirical Science
Science
CORE Econ
Ch.4 Strategic interactions and social dilemmas - The Economy 2.0 Microeconomics @ CORE Econ
The Economy 2.0 Microeconomics @ CORE Econ
Comprehension in Revised Bloom's Taxonomy
Cognitive Psychology
Psychology
Related
In a well-known economic field experiment, a fine was introduced at several daycare centers for parents who arrived late to pick up their children. Contrary to the expected outcome, the number of late-arriving parents increased after the fine was implemented. Which of the following statements best analyzes the underlying reason for this change in behavior?
Incentives and Social Norms in a Blood Drive
Evaluating the 'Crowding Out' Effect of Fines
The Lasting Effect of a Financial Penalty
The 1998 field experiment in Israeli daycare centers demonstrates that small financial penalties are always ineffective at changing behavior because they are not large enough to act as a significant deterrent.
A well-known field experiment investigated the impact of introducing a fine for parents arriving late to pick up their children from daycare. Match each phase or concept from the experiment with its corresponding description or outcome.
In a famous field experiment, when a daycare introduced a small fine for late-arriving parents, the number of late pickups surprisingly increased. This outcome is a classic example of a monetary incentive ___________ a pre-existing social norm.
Designing an Effective Policy for Timely Pickups
Incentivizing Workplace Collaboration
A famous 1998 field experiment examined the effect of introducing and then removing a fine for parents who were late picking up their children from daycare centers. Arrange the stages and key findings of this experiment in the correct chronological order.