Showing 1 - 10 of 76
countries had - de facto - been perceived as a homogenous group with regard to the role of public debt for sovereign risk …
Persistent link: https://www.econbiz.de/10010888450
In a country with weak institutional constraints on the executive, the real power might belong to the government bureaucracy rather than to an autocratic leader. We combine the Aghion-Tirole definition of formal and real authority with the Barro-Ferejohn model of political agency to study the...
Persistent link: https://www.econbiz.de/10010703422
This paper presents a choice model based on a model for the behavior of brain cells that is based on neurological findings. The paper shows that it is possible to define choice as the result of a series of interconnected cellular processes, instead of framing the problem from the point of view...
Persistent link: https://www.econbiz.de/10010700361
This study explores people’s risk attitudes after having suffered large real-world losses following a natural disaster … is consistent with prospect theory predictions of the adoption of a risk-seeking attitude after a loss. …
Persistent link: https://www.econbiz.de/10010556847
that emotional attachment and risk attitudes play important roles in the fertility-crime relationship. Finally, results for …
Persistent link: https://www.econbiz.de/10010877799
This paper exploits a large dataset of replications of the Holt and Laury (2002) risk elicitation task to study a … possible outcome reporting bias using gender differences in risk attitudes. There is a strong consensus view in the … outcome reporting bias in the risk and gender literature. We find no evidence that the likelihood of reporting about gender …
Persistent link: https://www.econbiz.de/10010711138
This paper sheds light on how changes in the organization of work can help to understand increasing wage inequality. We present a theoretical model in which workers with a wider span of competence (higher level of multitasking) earn a wage premium. Since abilities and opportunities to expand the...
Persistent link: https://www.econbiz.de/10010877910
Banks play a critical role in international trade by providing trade finance products that reduce the risk of exporting …
Persistent link: https://www.econbiz.de/10010948821
Under conditions of risk it makes a difference whether the discount rate is determined as an expected present or as an …
Persistent link: https://www.econbiz.de/10010948878
We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to … mass index, are less likely to save money and show worse conduct at school. Experimental measures for risk and ambiguity …
Persistent link: https://www.econbiz.de/10009364730