The effect of peer observation on consumption choices: evidence from a lab-in-field experiment

References

• Agarwal, S., and B. Mazumder. 2013. “Cognitive Abilities and Household Financial Decision Making.” American Economic Journal: Applied Economics 5 (1): 193–207.
   Web of Science ®Google Scholar
• Agarwal, S., W. Qian, and X. Zou. 2016. Thy Neighbor’s. misfortune: Peer effect on consumption.
   Google Scholar
• Angelucci, M., and G. De Giorgi. 2009. “Indirect Effects of an Aid Program: How Do Cash Transfers Affect Ineligibles Consumption?.” American Economic Review 99 (1): 497–516.
   Web of Science ®Google Scholar
• Angrist, J. 2013. “The Perils of Peer Effects.” Labour Economics 30 (1): 98–108.
   Google Scholar
• Baecker, A., and M. Mechtel (2014). “Peer Effects in Cheating on Task Performance.” Unpublished Manuscript.
   Google Scholar
• Bandiera, O., I. Barankay, and I. Rasul. 2010. “Social Incentives in the Work- Place.” Review of Economic Studies 77 (2): 417–458.
   Web of Science ®Google Scholar
• Bandiera, O., and I. Rasul. 2006. “Social Networks and Technology Adoption in Northern Mozambique.” Economic Journal 116 (514): 869–902.
   Web of Science ®Google Scholar
• Banerjee, A., and S. Mullainathan (2010). “The Shape of Temptation: Implications for the Economic Lives of the Poor.” Working Paper No. 257.
   Google Scholar
• Bernheim, B. D. 1994. “A Theory of Conformity.” Journal of Political Economy 102 (5): 841.
   Web of Science ®Google Scholar
• Bertrand, M., and A. Morse. 2011. “Information Disclosure, Cognitive Biases, and Payday Borrowing.” Journal of Finance 66 (6): 1865–1893.
   Web of Science ®Google Scholar
• Bikhchandani, S., D. Hirshleifer, and I. Welch. 1998. “Learning from the Behavior of Others: Conformity, Fads, and Informational Cascades.” Journal of Economic Perspectives 12 (3): 151–170.
   Web of Science ®Google Scholar
• Bolton, G. E., and A. Ockenfels. 2000. “ERC: A Theory of Equity, Reciprocity, and Competition.” American Economic Review 90 (1): 166–193.
   Web of Science ®Google Scholar
• Boneva, T. (2014). “Neighbourhood Effects in Consumption: Evidence from Disaggregated Consumption Data.” Cambridge Working Paper 1328.
   Google Scholar
• Bougheas, S., J. Nieboer, and M. Sefton. 2013. “Risk-taking in Social Settings: Group and Peer Effects.” Journal of Economic Behavior and Organization 92 (100): 273–283.
   PubMed Web of Science ®Google Scholar
• Bursztyn, L., F. Ederer, B. Ferman, and N. Yuchtman. 2014. “Understanding Mechanisms Underlying Peer Effects: Evidence from a Field Experiment on Financial Decisions.” Econometrica 82 (4): 1273–1301.
   Web of Science ®Google Scholar
• Cai, H., Y. Chen, and H. Fang. 2009. “Observational Learning: Evidence from a Randomized Natural Field Experiment.” American Economic Review 99 (3): 864–882.
   Web of Science ®Google Scholar
• Carrell, S. E., M. Hoekstra, and J. E. West. 2011. “Is Poor Fitness Contagious?.” Journal of Public Economics 95 (7–8): 657–663.
   Web of Science ®Google Scholar
• Chetty, R., N. Hendren, and L. F. Katz. 2015. “The Effects Of Exposure to Better Neighborhoods on Children: New Evidence from The Moving to Opportunity Experiment.” American Economic Review 106 (4): 855-902.
   Web of Science ®Google Scholar
• Chlingingsmith, D., and R. Sheremeta (2015). “Status and the Demand for Visible Goods: Experimental Evidence on Conspicuous Consumption.” MPRA Working Paper No. 68202.
   Google Scholar
• Conley, T. G., and C. R. Udry. 2010. “Learning about a New Technology: Pineapple in Ghana.” American Economic Review 100 (1): 35–69.
   Web of Science ®Google Scholar
• Dohmen, T., A. Falk, D. Huffman, and U. Sunde. 2010. “Are Risk Aversion and Impatience Related to Cognitive Ability?” American Economic Review 100 (3): 1238–1260.
   Web of Science ®Google Scholar
• Duflo, E., and E. Saez. 2003. “The Role of Information and Social Interactions in Retirement Plan Decisions: Evidence from a Randomized Experiment.” Quarterly Journal of Economics 118 (3): 815–842.
   Web of Science ®Google Scholar
• Duflo, E., P. Dupas, and M. Kremer. 2011. “Peer Effects, Teacher Incentives, and the Impact of Tracking: Evidence from a Randomized Evaluation in Kenya.” American Economic Review 101 (5): 1739–1774.
   Web of Science ®Google Scholar
• Falk, A., and A. Ichino. 2006. “Clean Evidence on Peer Effects.” Journal of Labor Economics 24 (1): 39–57.
   Web of Science ®Google Scholar
• Fehr, E., and K. Schmidt. 1999. “A Theory of Fairness, Competition, and Cooperation.” Quarterly Journal of Economics 114 (3): 817–868.
   Web of Science ®Google Scholar
• Foster, A. D., and M. R. Rosenzweig. 1995. “Learning by Doing and Learning from Others: Human Capital and Technical Change in Agriculture.” Journal of Political Economy 103 (6): 1176–1209.
   Web of Science ®Google Scholar
• Giorgi, G. D., M. Pellizzari, and S. Redaelli. 2010. “Identification of Social Interactions through Partially Overlapping Peer Groups.” American Economic Journal: Applied Economics 2 (2): 241–275.
   Web of Science ®Google Scholar
• Godlonton, S., and R. Thornton. 2012. “Peer Effects in Learning HIV Results.” Journal of Development Economics 97 (1): 118–129.
   PubMed Web of Science ®Google Scholar
• Goeree, J. K., and L. Yariv. 2011. “An Experimental Study of Collective Deliberation.” Econometrica 79 (3): 893–921.
   Web of Science ®Google Scholar
• Gunter, B., and A. Furnham. 1998. Children as Consumers: A Psychological Analysis of the Young People’s Market. London: Routledge.
   Google Scholar
• Guryan, J., K. Kroft, and M. J. Notowidigdo. 2009. “Peer Effects in the Work-place: Evidence from Random Groupings in Professional Golf Tournaments.” American Economic Journal: Applied Economics 1 (4): 34–68.
   PubMed Web of Science ®Google Scholar
• Heffetz, O. 2012. “Who Sees What? Demographics and the Visibility of Consumer Expenditures.” Journal of Economic Psychology 33 (4): 801–818.
   Web of Science ®Google Scholar
• Kremer, M., and E. Miguel. 2007. “The Illusion of Sustainability.” Quarterly Journal of Economics 122 (3): 1007–1065.
   Web of Science ®Google Scholar
• Kuhn, P., P. Kooreman, A. Soetevent, and A. Kapteyn. 2011. “The Effects of Lottery Prizes on Winners and Their Neighbours: Evidence from the Dutch Postcode Lottery.” American Economic Review 101 (1): 2226–2247.
   Web of Science ®Google Scholar
• Mangyo, E., and A. Park. 2011. “Relative Deprivation and Health: Which Reference Groups Matter?” Journal of Human Resources 46 (3): 459–481.
   Web of Science ®Google Scholar
• Manski, C. F. 1993. “Identification of Endogenous Social Effects: The Reflection Problem.” Review of Economic Studies 60 (3): 531.
   Web of Science ®Google Scholar
• Mas, A., and E. Moretti. 2009. “Peers at Work.” American Economic Review 99 (1): 112–145.
   Web of Science ®Google Scholar
• Miguel, E., and M. Kremer. 2004. “Worms: Identifying Impacts on Education and Health in the Presence of Treatment Externalities.” Econometrica 72 (1): 159–217.
   Web of Science ®Google Scholar
• Moffit, R. 2001. Policy Interventions, Low-Level Equilibria, and Social Interactions. Washington DC: Brookings Institution Press.
   Google Scholar
• Moretti, E. 2011. “Social Learning and Peer Effects in Consumption: Evidence from Movie Sales.” Review of Economic Studies 78 (1): 356–393.
   Web of Science ®Google Scholar
• Oster, E., and R. Thornton. 2012. “Determinants of Technology Adoption: Peer Effects in Menstrual Cup Take-up.” Journal of the European Economic Association 10 (6): 1263–1293.
   Web of Science ®Google Scholar
• Roth, C. (2014). “Conspicuous Consumption and Peer Effects among the Poor: Evidence from a Field Experiment.” CSAE Working Paper Series, 29.
   Google Scholar
• Sacerdote, B. 2001. “Peer Effects with Random Assignment: Results for Dart-mouth Roommates.” Quarterly Journal of Economics 116 (2): 681–704.
   Web of Science ®Google Scholar
• Steinberg, L., and E. Cauffman. 1996. “Maturity of Judgment in Adolescence: Psychosocial Factors in Adolescent Decision Making.” Law and Human Behavior 20 (3): 249–272.
   Web of Science ®Google Scholar
• Townsend, R. M. 1994. “Risk and Insurance in Village India.” Econometrica 62 (3): 539.
   Web of Science ®Google Scholar