Alice Soldà

Experimental & Behavioral Economist. Assistant Professor of Economics at emlyon. Interest includes: Motivated beliefs, Information & social preferences.

[Alice Soldà @solda_eco]

Happy New Year everyone 🥳

As most of you know already, I have been trying to keep an up-to-date list of recent papers on motivated beliefs.

So if you published a paper or preprint on this topic in 2023, make sure it's on this list 😊⬇️

https://t.co/ndSznH2RTv

[Alice Soldà @solda_eco]

@benleo_econ Fantastic! 🙌🤩 Congratulations Ben 👏🥳

[Alice Soldà @solda_eco]

@sof_andis I know I'm a bit late to this party but congrats to you, Marco & Yilong 👏🥳

[Andis Sofianos @sof_andis]

Our paper with Marco Lambrecht and Yilong Xu is part of the March issue of this year in Management Science.

#Econtwitter

https://t.co/OpqSbFdHeG

[Katy Milkman @katy_milkman]

Today, the world lost Gene Hackman, who will be remembered for many legacies. But by behavioral economists, he will be best remembered for explaining mental accounting in this clip with Dustin Hoffman.

What is mental accounting? It's our tendency to treat resources like money and time as if they aren't fungible. We create artificial "mental accounts" to help us keep track of resources and avoid overspending. In this clip, we learn that as a poor young actor, Dustin Hoffman kept jars of money with different labels (rent, entertainment, food, etc.) in his house and wouldn't take money out of a jar with one label to pay for expenses in another category. So when he ran out of food money, he went to Gene Hackman for a loan. Hackman was skeptical, however, when he saw that there was plenty of money in other jars!

Huge thanks to @R_Thaler for sharing this clip with behavioral economists everywhere. Many of us show this when we teach our students about mental accounting, which has implications for everything from taxi/Uber/Lyft drivers' tendency to set income targets to the way we respond when we're surprised with a $10 off coupon to the grocery store. I showed it to my @Wharton MBA students just last week!

Here are a few papers of my favorite papers on mental accounting:
(1) Mental Accounting Matters: https://t.co/POb5IRMsIw
(2) Labor Supply of New York City Cabdrivers: https://t.co/e3119dBYWo
(3) Mental Accounting and Small Windfalls: https://t.co/83TUuofoCl

Video Source: https://t.co/aaWlFBUrUO

[Alice Soldà @solda_eco]

@mlkovach1 Thank you Matt! 😊

[Alice Soldà @solda_eco]

🚨New Working Paper 🚨

@mc_villeval and I investigated whether employees use narratives to influence reviews.

The answer is YES: Workers facing a human manager favored narratives portraying failures as resulting more often from bad luck than poor performance.

Thread below 👇

[Alice Soldà @solda_eco]

Our work might be of interest to @kai_barron @tilmanfries @SandroAmbuehl @VerrinaEugenio @KatrinGoedker @OdaSund @VBurdea @page_eco @eugen_dimant @rustamromaniuc @ndreaguido @_FabioGaleotti_ @hopfensitz

[Alice Soldà @solda_eco]

Check out the full article here 👉 https://t.co/FG8Jr357dl

[Alice Soldà @solda_eco]

PS: the international junior team member is in fact *not* the PhD student of the former tutor.

[Alice Soldà @solda_eco]

Spending all summer working on a grant application and reaching out to experts in the field because you have to propose a team of both internal and external members just to be told it was probably the senior researchers' idea all along... 🙃

How's your day going?

[Robert Metcalfe @RDMetcalfe]

3. Revealing IAP changes behavior.

When households were randomly shown real-time data on their IAP, pollution dropped by 17% overall & 34% during peak exposure times.

How? We find overwhelming evidence that people opened windows more to ventilate. A simple, effective fix.

[Paul Novosad @paulnovosad]

Big kudos to this team for doing the work of uncovering what looks like large-scale research malpractice.

Some highlights in this thread.

[I4R @I4Replication]

After being alerted about possible misconduct, the I4R are reproducing published papers that use data from a specific NGO (GDRI). This thread releases the first 2 reports and provides more information about the work and responses/statements from authors journals and journals. 🧵

[Miloš Fišar @MilosFisar]

🚨Save the date: September 3 - 6, 2025
I'm happy to announce the 2025 European Meeting of @EcScienceAssoc to be held at @MasarykUni in Brno🇨🇿
Keynote speakers:
• Anna Dreber Almenberg
• George Loewenstein
• @MariaBigoni1
• Michal Bauer
More info:👇https://t.co/PmoqiIAk9y