The National Science Foundation awarded a $269,624 Project Grant to Princeton University under the Social, Behavioral, and Economic Sciences program (CFDA 47.075) on August 1, 2021 for collaborative research titled "CAUTION AND REFERENCE EFFECTS." The three-year project ending July 31, 2024 will examine how caution and reference effects impact decision-making. Princeton University will conduct experiments and analyze results to contribute to understanding these influences. The University of Pennsylvania will receive a subaward to help proofread analytical results, survey relevant literature, and conduct necessary additional experiments. The NSF Social, Behavioral, and Economic Sciences program supports basic research and education to strengthen scientific knowledge and public welfare in these fields, including monitoring resources invested in science.
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