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BEGIN:VEVENT
DTSTAMP:20260614T192118Z
DTSTART;VALUE=DATE-TIME:20170615T143000
DTEND;VALUE=DATE-TIME:20170615T154500
SUMMARY:DR@W Forum - Leonhard Lades (Stirling)
TZID:Europe/London
UID:20170615-8a1785d77b065d9b017b5dc5cb4f2068@warwick.ac.uk
CREATED:20170608T103134Z
DESCRIPTION:Self-control failures as judged by themselves (with Liam Dela
 ney) Behavioral economic insights about systematic decision making biase
 s have obtained considerable influence in policy-making. All over the wo
 rld\, governments use these insights to nudge individuals towards making
  decisions that make individuals “better off\, as judged by themselves”.
  However\, behavioral economics also poses a problem for such policy app
 lications: If choices are biased and do not always reveal individuals’ t
 rue preferences\, how can policy makers identify what makes individuals 
 better off\, as judged by themselves? This question is particularly hard
  to answer when short-term preferences conflict with long-term preferenc
 es. In order to identify whether a policy makes individuals better off\,
  we need a welfare standard to determine what “better off” means and we 
 need a way to measure welfare according to that standard. This paper dea
 ls with the latter and discusses whether data from everyday life can be 
 used to evaluate policies assuming that policy makers subscribe to a cer
 tain welfare standard (choice\, subjective well-being\, or rational deci
 sion making). We present data from a day reconstruction study in which w
 e tracked self-control problems and subjective well-being of 259 partici
 pants over one day. Using this data\, we first show that it is possible 
 to identify self-acknowledged self-control failures in everyday life. In
  a nutshell\, if individuals attempt to resist a behavior\, but nonethel
 ess enact it\, a self-acknowledged self-control failure is present. Seco
 ndly\, we investigate whether self-acknowledged self-control problems ar
 e costly in terms of subjective well-being. Finally\, we discuss theoret
 ical and practical issues with using everyday data in policy evaluation.
 
LOCATION:Wolfson 3
CATEGORIES:Draw Forum
LAST-MODIFIED:20210819T093725Z
ORGANIZER;CN=Gill Gudger:
END:VEVENT
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