Mining for Mood Effect in the Field

DC FieldValueLanguage
dc.contributor.authorSamahita, Margaret-
dc.contributor.authorHolm, Håkan J-
dc.date.accessioned2020-02-11T12:40:32Z-
dc.date.available2020-02-11T12:40:32Z-
dc.date.copyright2020 the Authorsen_US
dc.date.issued2020-01-
dc.identifier.other202002-
dc.identifier.urihttp://hdl.handle.net/10197/11271-
dc.description.abstractWe conduct what we believe to be the most methodologically rigorous study of mood effect in the field so far to measure its economic impact and address shortcomings in the existing literature. Using a large dataset containing over 46 million car inspections in Sweden and England in 2016 and 2017, we study whether inspectors are more lenient on days when their mood is predicted to be good, and if car owners exploit the mood effect by selecting these days to inspect low quality cars. Different sources of good mood are studied: Fridays, sunny days, and days following unexpected wins by the local soccer team, with varying degrees of the car owner’s ability to plan for inspection, and hence the likelihood of selection bias. We find limited evidence to support the existence of mood effects in this domain, despite survey results showing belief to the contrary. There is some indication of selection effect on the part of car owners. Our findings cast doubt on previous mood effects found in the field.en_US
dc.language.isoenen_US
dc.publisherUniversity College Dublin. School of Economicsen_US
dc.relation.ispartofseriesUCD Centre for Economic Research Working Paper Seriesen_US
dc.relation.ispartofseriesWP2020/02en_US
dc.subjectMood effecten_US
dc.subjectSelection biasen_US
dc.subjectCar inspectionen_US
dc.subject.classificationD12en_US
dc.subject.classificationD22en_US
dc.subject.classificationD84en_US
dc.subject.classificationD91en_US
dc.titleMining for Mood Effect in the Fielden_US
dc.typeWorking Paperen_US
dc.statusNot peer revieweden_US
dc.identifier.startpage1en_US
dc.identifier.endpage79en_US
dc.neeo.contributorSamahita|Margaret|aut|-
dc.neeo.contributorHolm|Håkan J|aut|-
item.grantfulltextopen-
item.fulltextWith Fulltext-
Appears in Collections:Economics Working Papers & Policy Papers
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