Citation

Invernizzi GM, Miller JB, Coen T, Dufwenberg M, Oliveira LER. J. Econ. Psychol. 2021; 82: e102324.

Copyright

(Copyright © 2021, Elsevier Publishing)

DOI

10.1016/j.joep.2020.102324

PMID

unavailable

Abstract

We examine a superstition for which adherence is nearly universal among its target population. Using a combination of field interventions that involve unsuspecting participants and a lab-style value elicitation, we investigate the nature and strength of peoples' underlying preferences. While a substantial minority of people are willing to incur a relatively high individual cost in order to adhere to the superstition, for many, adherence is contingent on the behavior of others. Our findings are consistent with the idea that it is the conforming nature of the majority that sustains the false beliefs of the minority.

Language: en

Keywords

Conformity; Field experiment; Lab-in-the-field; Superstition