Existing research demonstrates that pre-decisional information sampling strategies are often stable within a given person while varying greatly across people. However, it remains largely unknown what drives these individual differences, that is, why in some circumstances we collect information more idiosyncratically. In this brief report, we…

Risky decisions are often characterized by (a) imprecision about consequences and their likelihoods that can be reduced by information collection, and by (b) unavoidable background risk. This article addresses both aspects by eliciting risk attitude, prudence, and temperance in decisions from description and decisions from experience. The results…

Background: We have previously presented two educational interventions aimed to diminish causal illusions and promote critical thinking. In both cases, these interventions reduced causal illusions developed in response to active contingency learning tasks, in which participants were able to decide whether to introduce the potential cause in each…

This paper assesses the reliability and validity of cognitive and socioemotional skills measures and investigates the correlation between schooling, skills acquisition, and labor earnings. The primary data from Pakistan incorporates two innovations related to measurement and sampling. On measurement, the paper develops and implements a battery of…