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The paper studies a voting scheme where members of a committee voting sequentially on a known series of binary proposals are each granted a single extra bonus vote to cast as desired - a streamlined version of Storable Votes. When the order of the agenda is exogenous, a simple sufficient...
Persistent link: https://www.econbiz.de/10005123593
Information asymmetries are important in theory but difficult to identify in practice. We estimate the presence and … explain the prevalence of credit constraints even in a market that specializes in financing high-risk borrowers at very high …
Persistent link: https://www.econbiz.de/10005497798
prove to be valuable tools in forecasting, decision-making and risk management - in both the public and private sectors …
Persistent link: https://www.econbiz.de/10005504341
In almost all European Union countries, the gender wage gap is increasing across the wages distribution. In this lecture I briefly survey some recent studies aiming to explain why apparently identical women and men receive such different returns and focus especially on those incorporating...
Persistent link: https://www.econbiz.de/10005082540
are likely to modify students' risk-taking preferences in economically important ways. To test this, we designed a … expected monetary value than the alternative outcome with a certain payoff - and in which the sensitivity of observed risk … preferences for risk-taking are indeed sensitive to whether the girl attends a single-sex or coed school. Girls from single …
Persistent link: https://www.econbiz.de/10005082546
We discuss how the use of field experiments sheds light on long standing research questions relating to firm behavior. We present insights from two classes of experiments: within and across firms, and draw common lessons from both sets. Field experiments within firms generally aim to shed light...
Persistent link: https://www.econbiz.de/10009493556
Single-sex classes within coeducational environments are likely to modify students' risk-taking attitudes in …
Persistent link: https://www.econbiz.de/10009365004
We show that a measure of reciprocity derived from the Berg et al. (1995) trust game in a laboratory setting predicts the reciprocal behavior of the same subjects in a real-world situation. By using the Crowne and Marlowe (1960) social desirability scale, we do not find any evidence that a...
Persistent link: https://www.econbiz.de/10008468715
the self-interest model nor with models that assume that all people behave fairly, but they can be explained by the theory …
Persistent link: https://www.econbiz.de/10005504775
majority, and the aggregate payoffs all match the theory. …
Persistent link: https://www.econbiz.de/10005656276