Disclosure

Patient responses to physician disclosures of industry conflicts of interest: A randomized field experiment.

Abstract Most patients in the United States depend on physicians who have financial relationships with the healthcare industry. These physician-industry relationships represent a conflict of interest: a potential clash between the physicians’ professional responsibilities and their self-interest. We conducted a randomized field experiment to assess the impact of written disclosures of physicians’ conflict of interest …

Patient responses to physician disclosures of industry conflicts of interest: A randomized field experiment. Read More »

Mind the (information) gap: Strategic non-disclosure by marketers and interventions to increase consumer deliberation.

Marketers have a choice of what to tell consumers and consumers must consider what they are told or not told. Across 6 experiments, we show that consumers fail to differentiate between deliberate and nondeliberate missing information (strategic naiveté) and make generous inferences when they do notice missing information is deliberately withheld (charitability). We also show …

Mind the (information) gap: Strategic non-disclosure by marketers and interventions to increase consumer deliberation. Read More »

Conflicts of interest and disclosure

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry was established on 14 December 2017 by the former Governor-General of the Commonwealth of Australia, His Excellency General the Honourable Sir Peter Cosgrove AK MC (Retd) to enquire into misconduct in the banking, superannuation and financial services industry. I was asked by the Royal Commission to respond to the following questions: How …

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Missing Product Information Doesn’t Bother Consumers as Much as It Should.

As consumers and citizens in the internet era, we have access to more information than ever when making purchases and other choices that affect our health, safety, and well-being. But sometimes what marketers don’t say is at least as important as what they do say. But how do consumers react when marketers withhold information that would be relevant to …

Missing Product Information Doesn’t Bother Consumers as Much as It Should. Read More »

Effect of reminders of personal sacrifice and suggested rationalizations on residents’ self-reported willingness to accept gifts.

Authored Chapter 7 for Thinking about Bribery (Neuroscience, Moral Cognition and the Psychology of Bribery) with Loewenstein, G. Bribery is perhaps the most visible and most frequently studied form of corruption. Very little research, however, examines the individual decision to offer or accept a bribe, or how understanding that decision can help to effectively control …

Effect of reminders of personal sacrifice and suggested rationalizations on residents’ self-reported willingness to accept gifts. Read More »

Confessing One’s Sins but Still Committing Them: Transparency and the Failure of Disclosure.

Authored Chapter 6 for Behavioural Public Policy with Cain, D., & Loewenstein, G. How can individuals best be encouraged to take more responsibility for their well-being and their environment or to behave more ethically in their business transactions? Across the world, governments are showing a growing interest in using behavioural economic research to inform the …

Confessing One’s Sins but Still Committing Them: Transparency and the Failure of Disclosure. Read More »

The unintended consequences of conflict of interest disclosure.

Abstract Conflicts of interest, both financial and nonfinancial, are ubiquitous in medicine, and the most commonly prescribed remedy is disclosure. The Medicare Payment Advisory Commission and the Accountable Care Act impose a range of disclosure requirements for physicians, and almost all medical journals now require authors to disclose conflicts of interest (although these requirements may …

The unintended consequences of conflict of interest disclosure. Read More »