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Worry and the illusion of safety : evidence from a real-objects experiment

Schade, Christian D.; Kunreuther, Howard - 2002

report on the results of a controlled experiment with real objects at stake. Worry was measured with the Worry Domains …

Persistent link: https://www.econbiz.de/10009621419

A psychological approach to individual differences in intertemporal consumption patterns

Brandstätter, Hermann; Güth, Werner - 1998

When people decide about saving and consumption across the various periods of their life time they take into account their life expectancy when comparing present and future needs and resources for satisfying them. The experimental design, applied at two sites (Humboldt-University at Berlin and...

Persistent link: https://www.econbiz.de/10009578010

Learning to like what you have : explaining the endowment effect

Huck, Steffen; Kirchsteiger, Georg; Oechssler, Joerg - 1997

The endowment effect describes the fact that people demand much more to give up an object than they are willing to spend to acquire it. The existence of this effect has been documented in numerous experiments. We attempt to explain this effect by showing that evolution favors individuals whose...

Persistent link: https://www.econbiz.de/10009657123

Building Genuine Islamic Financial Institutions

Zaman, Asad - Pakistan Institute of Development Economics - 2014

Since the spirit of Islam is in stark and violent conflict with the spirit of Capitalism, the form taken by institutions designed to express this spirit must also be different. Capitalist financial institutions are designed to support the process of accumulation of wealth, which is at the heart...

Persistent link: https://www.econbiz.de/10011185798

Capturing Willingness to Pay and Its Determinants for Improved Solid Waste Management

Mustafa, Usman; Ahmad, Iftikhar; Haq, Miraj ul - Pakistan Institute of Development Economics - 2014

including Pakistan. Large masses living in this world particularly South Asian country (that is home to over one fifth of the … world’s population) is still striving for it. Pakistan, being a developing country, is no exclusion to that state. The … questionnaire from both rural and urban regions of district Abbottabad, Pakistan at HHs premises. The objective was to discover the …

Persistent link: https://www.econbiz.de/10011185799

'Home Biases', 19th Century Style

Flandreau, Marc - C.E.P.R. Discussion Papers - 2005

This paper discusses the existence of 'home' biases in the 19th century global capital market, whereby colonies appear to have received a 'disproportionate' amount of capital from their metropolis. Starting from a discussion of the Bulow Rogoff (1989) problem, we argue that imperial links...

Persistent link: https://www.econbiz.de/10005123494

Household Willingness to Pay for Organic Products

Griffith, Rachel; Nesheim, Lars - C.E.P.R. Discussion Papers - 2008

We use hedonic prices and purchase quantities to consider what can be learned about household willingness to pay for baskets of organic products and how this varies across households. We use rich scanner data on food purchases by a large number of households to compute household specific lower...

Persistent link: https://www.econbiz.de/10005662137

Sovereign debt, government myopia, and the financial sector

Acharya, Viral V; Rajan, Raghuram G - C.E.P.R. Discussion Papers - 2011

What determines the sustainability of sovereign debt? In this paper, we develop a model where myopic governments seek electoral popularity but can nevertheless commit credibly to service external debt. They do not default when they are poor because they would lose access to debt markets and be...

Persistent link: https://www.econbiz.de/10009371472

Modelling Pakistan's economy : forecasting and policy simulations

Naqvi, Syed Nawab Haider; Ahmed, Ather Maqsood - 1986 - Reprinted

Persistent link: https://www.econbiz.de/10000892844

Human development report for Pakistan : final draft

Burney, Nadeem A. (contributor) - 1991

Persistent link: https://www.econbiz.de/10000833108

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