Showing 1 - 10 of 15
Since Max Weber, there has been an active debate on the impact of religion on people’s economic attitudes. Much of the existing evidence, however, is based on cross-country studies in which this impact is confounded by differences in other institutional factors. We use the World Values Surveys...
Persistent link: https://www.econbiz.de/10005123509
The standard assumption in economic theory is that preferences are stable. In particular, they are not changed as a … (providing evidence) that preferences are constantly changing when experience is accumulated. This paper tests the effect of … experience on preferences for attributes of health-care events. We are using two very different samples and a methodology that …
Persistent link: https://www.econbiz.de/10005123715
This Paper presents intergenerational evidence in favour of the hypothesis that a significant factor explaining the increase in female labour force participation over time was the growing presence of men who grew up with a different family model – one in which their mother worked. We use...
Persistent link: https://www.econbiz.de/10005123851
which preferences are given precedence in society. We study the equilibrium of a game in which coalitions of individuals … preferences or localities. Individuals differ both in income and also as to whether they receive utility from some specific good …
Persistent link: https://www.econbiz.de/10005124358
elicit and contrast patients’ authentic preferences (for five maternity ward attributes) with what care-givers believe them … to be. Conclusion: agents have a biased perception of principals’ preferences, and therefore a complete agency …: Informing the unaware medical care-givers about the patients' preferences, will improve treatment and patients' satisfaction. …
Persistent link: https://www.econbiz.de/10005504389
The standard assumption in economic theory is that preferences do not change as a result of experience with the … commodity/service/event. Behavioural scientists have challenged this assumption, claiming that preferences constantly do change … as experience is accumulated. This paper tests the effect of experience with a health-care service on preferences for …
Persistent link: https://www.econbiz.de/10005656214
This paper reviews the literature on culture and economics, focusing primarily on the epidemiological approach. The epidemiological approach studies the variation in outcomes across different immigrant groups residing in the same country. Immigrants presumably differ in their cultures but share...
Persistent link: https://www.econbiz.de/10008466325
Risk premia in the consumption capital asset pricing model depend on preferences and dividends. We develop a … decomposition which allows for the separate treatment of both components. We show that preferences alone determine the risk …-return trade-off measured by the Sharpe-ratio. In general, the risk-return trade-off implied by preferences depends on the …
Persistent link: https://www.econbiz.de/10005666799
assumption of quadratic symmetric preferences, while being congruent with a risk management model. We show how the parameters of …
Persistent link: https://www.econbiz.de/10005791846
from reference-dependent preferences: The absolute subjective value of a deviation from a reference point is generally …
Persistent link: https://www.econbiz.de/10005792351