Showing 1 - 10 of 19
once we use subjective expectations of the number of visits per week at the time of contract choice. Next, we study how …
Persistent link: https://www.econbiz.de/10010877917
We show that professional soccer players exhibit reference-dependent behavior during matches. Controlling for the state of the match and for unobserved heterogeneity, we show on a minute-by-minute basis that a player breaches the rules of the game, measured by the referee’s assignment of...
Persistent link: https://www.econbiz.de/10010551016
-report measures were related to destruction decisions and expectations. The pattern of emotional arousal and its correlation with self …
Persistent link: https://www.econbiz.de/10005766252
candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment …, we manipulate the rational expectations of subjects and check whether this manipulation influences their effort provision …-based reference-dependent preferences: if expectations are high, subjects work longer and earn more money than if expectations are low. …
Persistent link: https://www.econbiz.de/10005051581
This is an experimental study of a three-player power-to-take game where a take authority is matched with two responders. The game consists of two stages. In the first stage, the take authority decides how much of the endowment of each responder that is left after the second stage will be...
Persistent link: https://www.econbiz.de/10005181255
) Expectations have a significant effect on the probability of punishment but not on the intensity of experienced emotion. This last …
Persistent link: https://www.econbiz.de/10005181557
by growth expectations. Adaptive learning dynamics determine country-specific short run transition paths. Countries …
Persistent link: https://www.econbiz.de/10009020102
participation; and (b) a double shift in markets’ expectations, from a regime of credible commitment to future EMU participation …
Persistent link: https://www.econbiz.de/10008799726
We consider the interaction between an incumbent firm and a potential entrant, and examine how this interaction is affected by demand fluctuations. Our model gives rise to procyclical entry, prices, and price-cost margins, although the average price in the market can be countercyclical if the...
Persistent link: https://www.econbiz.de/10010877829
This paper studies unemployed workers’ decisions to change occupations, and their impact on fluctuations in aggregate unemployment and its underlying duration distribution. We develop an analytically and computationally tractable stochastic equilibrium model with heterogenous labor markets. In...
Persistent link: https://www.econbiz.de/10010877858