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Reason, Emotion and Information Processing in the Brain

Brocas, Isabelle; Carrillo, Juan D - C.E.P.R. Discussion Papers - 2007

Building on evidence from neurobiology and neuroscience, we model the physiological limitations faced by individuals in the process of decision-making that starts with sensory perception and ends in action selection. The brain sets a neuronal threshold, observes whether the neuronal cell firing...

Persistent link: https://www.econbiz.de/10005656356

Penalty Shoot-Outs: Before or After Extra Time?

Carrillo, Juan D - C.E.P.R. Discussion Papers - 2006

This paper proposes a rule to determine the winner of a soccer match which is different from the traditional penalty shoot-outs at the end of extra time. We show that games can be more attractive if penalties are shot before extra time and the outcome counts only if the tie is preserved during...

Persistent link: https://www.econbiz.de/10005662167

The Brain as a Hierarchical Organization

Brocas, Isabelle; Carrillo, Juan D - C.E.P.R. Discussion Papers - 2005

We model the brain as a multi-agent organization. Based on recent neuroscience evidence, we assume that different systems of the brain have different time-horizons and different access to information. Introducing asymmetric information as a restriction on optimal choices generates endogenous...

Persistent link: https://www.econbiz.de/10005662301

Hours of Work and Gender Identity: Does Part-Time Work Make the Family Happier?

Booth, Alison L; Ours, Jan C van - C.E.P.R. Discussion Papers - 2005

happiness. We use panel data from the new Household, Income and Labor Dynamics in Australia Survey. Our analysis indicates that …

Persistent link: https://www.econbiz.de/10005498075

Unhappiness and job finding

Gielen, Anne; Ours, Jan C van - C.E.P.R. Discussion Papers - 2012

happiness, which might explain why at least some workers need to be activated. In addition to that, we find that even though … unemployed who experience a drop in happiness search more actively for a job, it does not speed up their job finding. Apparently …

Persistent link: https://www.econbiz.de/10011083392

A Cautionary Note on Using Industry Affiliation to Predict Income

Pischke, Jörn-Steffen; Schwandt, Hannes - C.E.P.R. Discussion Papers - 2012

Many literatures investigate the causal impact of income on economic outcomes, for example in the context of intergenerational transmission or well-being and health. Some studies have proposed to use employer wage differentials and in particular industry affiliation as an instrument for income....

Persistent link: https://www.econbiz.de/10011083623

Subjective and Objective Indicators of Racial Progress

Stevenson, Betsey; Wolfers, Justin - C.E.P.R. Discussion Papers - 2013

Progress in closing differences in many objective outcomes for blacks relative to whites has slowed, and even worsened, over the past three decades. However, over this period the racial gap in well-being has shrunk. In the early 1970s data revealed much lower levels of subjective well-being...

Persistent link: https://www.econbiz.de/10011084479

The Paradox of Declining Female Happiness

Stevenson, Betsey; Wolfers, Justin - C.E.P.R. Discussion Papers - 2009

that measures of subjective well-being indicate that women’s happiness has declined both absolutely and relative to men …-being, and is pervasive across demographic groups and industrialized countries. Relative declines in female happiness have eroded … a gender gap in happiness in which women in the 1970s typically reported higher subjective well-being than did men …

Persistent link: https://www.econbiz.de/10005036241

Economic Growth and Subjective Well-Being: Reassessing the Easterlin Paradox

Stevenson, Betsey; Wolfers, Justin - C.E.P.R. Discussion Papers - 2008

of happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a … happiness. Together these findings indicate a clear role for absolute income and a more limited role for relative income … comparisons in determining happiness. …

Persistent link: https://www.econbiz.de/10005667028

(Un)Happiness in Transition

Guriev, Sergei; Zhuravskaya, Ekaterina - C.E.P.R. Discussion Papers - 2009

Despite strong growth performance in transition economies in the last decade, residents of transition countries report abnormally low levels of life satisfaction. Using data from the World Values Survey and other sources, we study various explanations of this phenomenon. First, we document that...

Persistent link: https://www.econbiz.de/10005667036