A1 Vertaisarvioitu alkuperäisartikkeli tieteellisessä lehdessä
Do non-choice data reveal economic preferences? Evidence from biometric data and compensation-scheme choice
Tekijät: Halko Marja-Liisa, Lappalainen Olli, Sääksvuori Lauri
Kustantaja: Elsevier
Julkaisuvuosi: 2021
Journal: Journal of Economic Behavior and Organization
Tietokannassa oleva lehden nimi: Journal of Economic Behavior and Organization
Vuosikerta: 188
Aloitussivu: 87
Lopetussivu: 104
ISSN: 0167-2681
DOI: https://doi.org/10.1016/j.jebo.2021.04.009
Rinnakkaistallenteen osoite: https://research.utu.fi/converis/portal/detail/Publication/66458171
We investigate the feasibility of inferring economic choices from simple biometric non-choice data. We employ a machine learning approach to assess whether biometric data acquired during sleep, naturally occurring daily chores and participation in an experiment can reveal preferences for competitive and team-based compensation schemes. We find that biometric data acquired using wearable devices enable equally accurate out-of-sample prediction for compensation-scheme choice as gender and performance. Our results demonstrate the feasibility of inferring economic choices from simple biometric data without observing past decisions. However, we find that biometric data recorded in naturally occurring environments during daily chores and sleep add little value to out-of-sample predictions.
Ladattava julkaisu This is an electronic reprint of the original article. |