Attitudinal Consequences of Random Experience: Evidence from Beijing Car Lottery

主讲嘉宾：陆方文 中国人民大学英国上市公司官网365副教授

讲座时间：2017年11月29日（周三） 15:00--17:00

讲座地点：学术会堂606

嘉宾简介：

陆方文，于2011年毕业于美国加州伯克利大学经济学博士，现任中国人民大学英国上市公司官网365副教授。她擅长运用随机实验方法探讨劳动和发展经济学领域的热点难点问题，其研究成果发表在《Management Science》, 《Journal of Development Economics》, 《Journal of Economic Behavior & Organization》, 《Journal of Labor Economics》, 《Journal of Public Economics》等多家国际顶级或领先学术期刊。

内容摘要：

We conducted a representative survey of participants in Beijing car lottery. After controlling for the time of participation, whether winning a lottery or not is random.Exploiting this exogeneity, we find that winning the lottery makes people feel happier in general. Lottery winners believe they had a better luck in the car lottery, but the sense of more luck extends to other daily lottery events and even to a toss of a coin, showing clear evidence for misattribution and over-confidence. Winners are also more likely to perceive the car lottery as being fair, and the sense of just also extends to other lottery extents, like welfare housing lottery. However, winners are not more likely to vote for Beijing car lottery against Shanghai auction. Finally, as lottery winners are more likely to own a car, they are more likely to prefer free parking in a shopping mall even if this would raise prices. However, although winners drive more on road, they don't vote for more investment on roads than on subways. We also find that college education mediates the attitudinal bias.