Showing 1 - 10 of 60
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
restriction on optimal choices generates endogenous constraints in decision-making. In this game played between brain systems, we …-self theory provides 'micro-microfoundations' for discounting and offer testable implications that depart from traditional models …
Persistent link: https://www.econbiz.de/10005662301
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
Longitudinal Survey of Youth. Consistent with the literature focusing on non-durable expenditure, we find that there is only …
Persistent link: https://www.econbiz.de/10011266538
We document key facts about marriage and divorce, comparing trends through the past 150 years and outcomes across demographic groups and countries. While divorce rates have risen over the past 150 years, they have been falling for the past quarter century. Marriage rates have also been falling,...
Persistent link: https://www.econbiz.de/10005662232
The "Easterlin paradox" suggests that there is no link between a society’s economic development and its average level of happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a broader array of countries, we establish a clear positive...
Persistent link: https://www.econbiz.de/10005667028
From the end of the second century C.E., Judaism enforced a religious norm requiring any Jewish father to educate his children. We present evidence supporting our thesis that this exogenous change in the religious and social norm had a major influence on Jewish economic and demographic history....
Persistent link: https://www.econbiz.de/10005788962
Marriage data show a strong degree of positive assortative mating along a variety of attributes. But since marriage is an equilibrium outcome, it is unclear whether positive sorting is the result of preferences rather than opportunities. We assess the relative importance of preferences and...
Persistent link: https://www.econbiz.de/10005791377
Society is characterized by the common attitudes and behaviour of its members. Such behaviour reflects purposive decision making by individuals, given the environment they live in. Thus, as technology changes, so might social norms. There were big changes in social norms during the 20th Century,...
Persistent link: https://www.econbiz.de/10005792052
This paper models, for the first time, the relationship between gender quotas and the quality of elected public …
Persistent link: https://www.econbiz.de/10008554239