nep-cbe New Economics Papers
on Cognitive and Behavioural Economics
Issue of 2026–08–24
two papers chosen by
Marco Novarese, Università degli Studi del Piemonte Orientale


  1. Food Insecurity, Cognitive Control, and Risky Choice By Dickinson, David; Norwood, Jacob
  2. Nighttime Ethics: Do Moral Choices Differ by Time-of-Day/Night? By Dickinson, David

  1. By: Dickinson, David (Appalachian State University); Norwood, Jacob (Appalachian State University)
    Abstract: Food insecurity affects roughly 18 million people in the United States and 2.3 billion globally. Given its prevalence, this study aims to examine how food insecurity and resulting anxiety affect cognitive control and decision-making. Samples of n=102 food-insecure and n=102 food-secure individuals were recruited from the Prolific online subject pool to complete an incentivized Stroop Task and a Monetary Risk Taking task. Randomized treatment assignments administered either a High or Low Cognitive Load manipulation prior to decision making by prompting participants to consider a more or less expensive unexpected financial expense. While food insecurity did not impact cognitive control and risky choices as hypothesized, it may indirectly affect outcomes via anxiety. And, exploratory analysis of response times data suggest food insecurity may promote some increased risk taking due to less deliberative decision processing. The role of anxiety and its effect on choice process among the food-insecure likely merits further investigation.
    Keywords: food insecurity, cognitive load, anxiety, cognitive control, risky-choice
    JEL: D00 D91 I30
    Date: 2026–07
    URL: https://d.repec.org/n?u=RePEc:iza:izadps:dp18841
  2. By: Dickinson, David (Appalachian State University)
    Abstract: We examine time-of-day (TOD) effects on moral choice by comparing afternoon (DAY: 3pm-5pm) and nighttime (NIGHT: 3am-5am) decisions across three incentivized tasks. While the NIGHT treatment successfully induced sleepiness, we report no evidence that circadian suboptimality shifts decisions towards one’s default ethical tendencies. Rather, the NIGHT treatment increased dishonesty in a victimless Die-Roll task but not when dishonesty harms another participant (modified Coin-Flip task) or in consequential moral dilemmas affecting only others’ outcomes (Payoff-Trolley task). Exploratory evidence from response times suggests immorality results from deliberative processes. Overall, these results indicate that moral choice exhibits task-dependent stability during circadian fatigue.
    Keywords: behavioral economics, honesty, trolley problem, moral choice, sleep, time-of-day
    JEL: C90 D01 D91
    Date: 2026–07
    URL: https://d.repec.org/n?u=RePEc:iza:izadps:dp18839

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