🚨 New in
@PNASNews
🚨
We find that people see more of their
#biases
in
#algorithms
' decisions than in their own
#decisions
, even when algorithms are trained on their decisions and when those decisions are the same. 1/n
Off to your first conference this fall?
#PhdAdvice
1. Every talk is a job talk.
2. Introduce yourself! (Your heroes aren't THAT famous.)
3. It's work, not a party.
4. Business causal attire.
5. Make an impression you're proud of.
6. If you're harassed, report it.
🚨 New paper in
@NatureHumBehav
🚨
Training algorithms on revealed preferences - user behavior - teaches them a biased view of human preferences, with examples and potential solutions.
w/
@m_sendhil
, naushan,
@CassSunstein
, kleinberg,
@manish_raghavan
, &
Ok, now I'm emboldened. More unsolicited
#sciencewriting
advice. Today's is on titles.
The words in your title are the most important words in your manuscript. The title is seen when people do a google scholar search, and it determines whether ppl read your paper, so...
1/6
Note to mentors: remember to warn new mentees that this👇is normal. Although I’m totally used to seeing my work come back to me like this (one of my old grants), it can be shocking the first time. I forgot to warn a new grad student and regrettably caused a lot of distress 🤦♀️
New paper in
@TrendsCognSci
: People don't exhibit a domain-general
#algorithm
aversion. People are (positively) biased in evaluations of self and other humans in domains where their identity can be threatened and evaluative criteria are ambiguous.
#AI
It's a sad day for behavioral science. I am grateful to Danny Kahneman for teaching me to use vision as a model of judgment. I admire his tenacity in the pursuit of knowledge. And I thank him for making possible my love, family, and life with
@profcikara
.
Many of you will share tributes today to Danny Kahneman, highlighting how he informed your work or paved the way for your career, and so on.
Today I would like to honor DK for financing my relationship and eventual marriage to
@morewedge
(1/n)
New in
@NatureHumBehav
. People don't use
#medical
#AI
because
#algorithms
' decisions are a black box. But also because people overestimate their understanding of human medical decision making, of which they have similarly little understanding.
Folks teaching online in the fall. It's great to have new toys, but this setup was great for the MBA courses I taught last spring. Seven things I learned...
#AcademicTwitter
#MarketingAcad
Brutal rejection today, totally crushed. But it happens to us all. Learning to learn from it, and moving forward, is a such a huge part of this job.
#academictwitter
Six classics in
#BehavioralScience
, still influencing our work today. 1/7.
Mapping bounded rationality
Telling more than we can know
Norm theory
Mental contamination & correction
Costs and benefits of judgment errors
Clinical vs actuarial judgment
We're hiring two Marketing rookies this fall, one specializing in behavioral science, one with a quant/digital marketing focus. Join us
@BUQuestrom
for a sane tenure process, great colleagues, and a world class city. Links below. Pls RT!
We find evidence that one-shot training interventions can improve decision making in the field, by reducing confirmation bias. Trained participants were 29% less likely to "launch" in a business case modeled after the Space Shuttle Challenger disaster.
When you see what scholars have done, you see the few things that made it through to publication. Here's one fuller picture of the ratio of successes and failures: My 2019-2023 submissions to
@JCRNEWS
.
Publishing in marketing is not easy.
Note this is on the tail of publishing
How do bias and noise combine to create anomalies in judgment?
In "Noise increases anchoring effects," in press at
@PsychScience
Chang-Yuan Lee and I show how the size of anchoring effects is determined by (bias and) noise.
A thread 1/n.
A few reminders for assistant professors at R1 schools, from a tenure committee member.
1. Research > teaching > service
2. Fewer top journals > more speciality journals
3. Develop a research identity.
4. Stop publishing with your PhD advisor.
5. Promote your published work.
#ShareYourRejections
Desk rejected at
@PsychScience
by a (former) editor, who said it was the most useless paper he ever read, my paper with Mike Norton was published after one round in JPSP, featured in the
@nytimes
, and won the
@SPSPnews
Wegner Theoretical innovation award.
Behavioral science largely studies decisions with a limited set of options. How are options generated and evaluated when decisions are open-ended? This lovely paper finds people recall high value options, then evaluate them w/respect to decision context.
Congratulations to my stellar colleague Daniella Kupor, promoted to associate professor w/TENURE! We are delighted you are a key part of the present and future of marketing at
@BUQuestrom
.
Daniella isn't on Twitter, but much about her & her work is here:
Americans return 16% of in-store and online purchases, >$800 billion annually
@NRFnews
. In a new paper
@myscp
, we find this refunded money feels like money already spent. Consumers feel less pain spending it and spend it more freely than unspent money and even windfall gains. 1/4
Congratulations to Dr.
@nirajana_phdmom
, who pulled together a fantastic dissertation on short notice! You will always be a part of our
@BUQuestrom
family.
We are proud to see you soon begin a
@YaleCCI
postdoc, & assistant professor position at
@Northeastern
to follow. 👏👏👏👏
Thrilled to be a Fellow of the
@ShorensteinCtr
in the
@Kennedy_School
, next spring, while on my first (!) sabbatical ever. Looking forward to having time to take a pause, wrap up old projects, and absorb and learn things new.
Thanks to my wonderful friends at
@ChicagoBooth
for hosting me yesterday for a behavioral economics seminar. I had a terrific time and also got to snap this shot with the portrait of one of my favorite coauthors. Framing matters,
@R_Thaler
!
@CDR_Booth
In press
@JEEA_News
w/
@alexoimas
& George Loewenstein. People use flexible mental accounting to spend unethical earnings selfishly. Laundering––exchanging or pooling "dirty" with "clean" money––led people to donate as little as if was ethically earned.
To catch up with the times, I'm planning to finally teach myself R or Python this spring for basic (and eventually more advanced) statistics. Advice appreciated for which to learn (or resources), given limited programming experience.
Jiaying Zhao finds that a $7500 cash transfer to homeless in Vancouver increases access to stable housing, food, and clothing, no increase in spending on temptation goods, and savings of $935 per person from avoiding costs of shelters.
#sjdm2019
Congrats to the 2020
@MktgScience
Scholars! This is an amazing list of fantastic faculty. And a special congratulations to
@BUQuestrom
's own Anat Keinan.
Considering a PhD in the
#behavioralsciences
? Think about pursuing your degree in a business school.
Members of underrepresented minoritized groups, the
@ThePhDProject
hosts a FREE conference to help you understand the process and successfully apply.
I'm excited to share the news that I just turned in all grades for this
#NeverEndingSemester
! Time to treat myself to a good roll of toilet paper, eat fancy pasta, put on the "fun" sweatpants, and finish that season of Schitt's Creek I've been saving. 🥳
The power of social comparison: When you get the worse of two options, it's especially painful when another person gets the better option. My new paper w/Meng Zhu & Eva Buechel in
@JCRNEWS
: Hedonic contrast effects are larger when comparisons are social.
Watch and learn––new evidence that decision making can be improved by observing others' good and bad decisions.
A short interview about our new research w/
@hey_haewon
and
@irenesco
, here:
Congratulations on a magnificent defense, Dr. Chang-Yuan Lee, a rigorous scientist and truly lovely human being. You have been a cornerstone of our
@BUQuestrom
family.
We will miss you, but are so proud for you to begin your next chapter
@rotmanschool
as an Assistant Prof!
It’s great that
@Wharton
is providing Joe with representation.
@BerkeleyHaas
and
@Esade
should follow its lead. Correcting the scientific record is part of a social science professor’s work, not a hobby.
Why do the wealthy continue to work?
People don't adhere to predictions of diminishing marginal utility, unless reminded of the link between their present wealth and need for additional rewards.
New work by Li & Hsee in
@JCRNEWS
:
Interesting takeaway from
@JCRNEWS
' editorial board meeting––its ultimate acceptance rate is between 7% and 8%.
As a benchmark,
@nature
's acceptance rate is in a similar ballpark (~7.8%).
Useful to keep in mind for hiring and promotion decisions.
#MarketingAcad
People erroneously believe they understand medical decisions made by human providers, and that only decisions made by algorthimic providers are a blackbox—both are a blackbox. This creates
#algorithm
aversion in
#healthcare
utilization. New preprint
@SSRN
"Resistance to Medical Artificial Intelligence." a new paper by Chiara Longoni, Andrea Bonezzi, and myself, forthcoming in
@JCRNEWS
. We find that patients are less likely to utilize AI than human healthcare providers. 1/n
While on my writing soapbox today, one more suggestion:
If all of your "studies" include random assignment, they are EXPERIMENTS. Please call them that in your paper (Experiment 1, 2, etc.). Only label them as Study 1, 2, etc. if one or more "studies" lacks random assignment.
Marketing faculty, would love to chat about how to incorporate more anti-racism & diversity into CB/Marketing Core curriculum. Scheduling a zoom Wed August 5th (1:30PM EST), while folks are putting together their syllabi for the fall semester. Interested? DM or email me.
A perspective on the role of an Associate Editor, after 1+ years
@JCRNEWS
:
1. AEs decide which papers make a contribution and need to help them forward (substantive, theoretical, methodological). Your threshold becomes lower as you see more papers.
"Debiasing your decisions," new
@PsychScience
blog post summarizing our new paper: Debiasing training can reduce confirmation bias and improve complex business decisions. (w/
@AnneLaureTime
&
@irenesco
).
Seven classic papers on preference reversals in
#behavioralscience
. 1/8
Reversals btw bids and choices in gambling decisions
Status quo bias
Endowment effect
Coherent arbitrariness
Joint vs. separate evaluation
Risk as feelings
Do defaults save lives?
Congratulations to
@nirajana_phdmom
on an honorable mention for the
@psych_of_tech
dissertation award!!! 👏👏👏 Her research examines how users value the content they generate and post on social media platforms.
For folks looking for psychometrically valid individual difference measures of anchoring, false consensus, and representativeness heuristic, we also report new scales measuring each of the three biases in the appendix of this new paper.
Watch and learn––new evidence that decision making can be improved by observing others' good and bad decisions.
A short interview about our new research w/
@hey_haewon
and
@irenesco
, here:
People! Please do tenure and promotion committees a favor and clean up your Google Scholar profile! Even if you're not up for promotion, you're being used as a comparison.
#MarketingAcad
A reminder to folks on the job market that a verbal job offer is not a job offer. It is a good intention. Universities frequently do not follow through on verbal agreements. Only when you have a contract in hand do you have an actual job offer.
I’m extremely grateful to
@BU_Tweets
and
@BUQuestrom
for the time I was able to spend with my son in his first year. I hope that
#parentalleave
is embraced by our lawmakers. It should be a right, not a privilege for a lucky few.
Congratulations to my mom, Professor Rosmarie Morewedge, on her retirement. For more than 50 years, she worked to connect
@binghamtonu
and its students with the world.
Why do we eat the same breakfast each day, but seek more variety across our lunches and dinners? We leverage variation in goals across weekdays and weekends in food diaries to test a goals based account. New work with
@CadarioRomain
in press at Appetite.
Mid-Career (post-tenure) advice
#ACR2022
1. Reflect on what to keep and stop doing
2. Reviews help u stay on top of the literature
3. Project Lead > Manager
4. More risky projects
5. Talk to new audiences
6. Go away (on sabbaticals)
Thank you orgs
@rebecca_reczek
&
@DrGiesler
Very proud of my
@BUQuestrom
colleagues for cracking the top 10 Marketing departments, worldwide, for publications in the “top 4” marketing journals, 2017-2020.
COVID has highlighted the central role close relationships play in our lives. In qualitative interviews, archival records, and experiments, we explore through funeral planning, how people value & care for those they love & lose.
Whitley et al. in
@myscp
.
Recently admitted
#PhD
's, ask departments about their placement for the last decade (whether academia or industry). If you're deciding whether to invest 5-6 years in a program/lab, get the data about the expected return on your investment.
#AcademicTwitter
Congratulations to my father, philosophy Professor Parviz Morewedge, on his last day of 57 years of teaching! Wishing you a happy and healthy retirement.
Why are we fine eating the same breakfast everyday, but want a different dinner? We crave more variety as the day progresses (by Gullo,
@j1berger
, Etkin, & Bollinger).
You spent hundreds of hours thinking, running experiments (or "studies"), writing your paper, and navigating the review process. Spend at least an hour picking the title that will forever communicate your work to the world.
6/6
Looking to diversify & add antiracist content to your
#Marketing
curriculum? 30+ scholars generated issues, cases, readings, examples, & more for common topics in Consumer Behavior and MKTG Core.
Feedback is MOST welcome. Please share!
#MarketingAcad
Since we’ve agreed that it’s worth risking life and death to return to the classroom, perhaps folks can stop foretelling the eventual fall of universities to online education?
Important new theory of mental accounting by
@squig
,
@alexoimas
, and Christy Kang:
The similarity of losses and gains underlies hedonic editing - preferences for aggregating and segregating them across time.
Good news!
@IARPAnews
made the debiasing videos from our 2015 paper publically available. Both reduced research participants' commission of cognitive biases. Film
#1
targets bias blind spot, confirmation bias, & fundamental attribution error. 1/n
People believe that the probability of an outcome is associated with the magnitude of its effect (e.g., side effects of a drug that are likely will also be intense if they occur). New work by
@BUQuestrom
's Daniella Kupor, and Kristin Laurin in
@JCRNEWS
:
When people defer a collaborative choice by saying, "I don't have a preference," people hear, "I don't want to tell you my preference." They find it frustrating rather than helpful, and like their partner less.
New in
@AMA_JMR