The Effectiveness of Risk Aversion and Descriptive Social Norm Framing in Minimizing Payment Arrears from Local Fees

• In Event: Taxes and Public Goods

Brief Overview

The paper tests the effectiveness of standard notice and its two simplified versions with risk aversion and descriptive social norm. The results indicate that stressing negative consequences of not paying a debt is the most effective treatment.

Authors

• Matúš Sloboda, Comenius University Bratislava, Slovakia

• Patrik Pavlovský, Comenius University Bratislava, Slovakia

• Emília Sičáková-Beblavá, Comenius University Bratislava, Slovakia