Environmentally-relevant decision making in everyday life
We measure economic-decision making in everyday life using of the Day Reconstruction Method (DRM). The DRM has been developed to measure everyday emotions. We are the first to use it to measure behavioural economic concepts such as biased decision making. We use the DRM to measure time preferences and self-control problems in everyday life, focusing on the relevance for environmentally relevant decision-making (e.g. which mode of travel do people use to commute). The method allows us to identify which situational factors that influence decision-making (e.g. pollution and congestion, time of the day, social norms), and to specify the emotional correlates of these decisions (e.g. happiness and frustration during different ways of commuting). We will publish review documents and policy briefs here that will facilitate the use of the DRM in the future.
Delaney, L., and Lades, L. K. (2017). Present Bias and Everyday Self-Control Failures: A Day Reconstruction Study. Journal of Behavioral Decision Making, 30: 1157–1167
Kahneman, D., Krueger, A. B., Schkade, D. A., Schwarz, N., & Stone, A. A. (2004). A survey method for characterizing daily life experience: The day reconstruction method. Science, 306(5702), 1776-1780