Operations, Information and Decisions Papers

Document Type

Journal Article

Date of this Version

2-2006

Publication Source

The review of Economics and Statistics

Volume

88

Issue

1

Start Page

1

Last Page

9

DOI

10.1162/rest.2006.88.1.1

Abstract

Previous experimental research has shown that people's decisions can be influenced by options they have encountered in the past. This paper uses PSID data to study this phenomenon in the field, by observing how long people commute after moving between cities. It is found, as predicted, that (i) people choose longer commutes in a city they have just moved to, the longer the average commute was in the city they came from, and (ii) when they move again within the new city, they revise their commute length, countering the effect their origin city had on their initial decision.

Share

COinS
 

Date Posted: 27 November 2017

This document has been peer reviewed.