Showing 1 - 10 of 11
We revisit the effect of traders' experience on price bubbles by introducing either one-third or two-thirds steady … third repetition of the market with the inflow of new traders. The relative importance of experience to the formation of … bubbles depends on the proportion of new traders in the market. Our findings identify a market environment where experience is …
Persistent link: https://www.econbiz.de/10009652124
'efficacité de ces institutions. Nous présentons les résultats d'une expérience de laboratoire qui s'appuie sur un jeu dans la …
Persistent link: https://www.econbiz.de/10005101041
safety and quality in hospitals experience sharing and dissemination (RISQ+H) was created to support the dissemination of … partage d'expérience sur la gestion des risques, la sécurité des patients et la qualité des soins dans les hôpitaux (RISQ+H) a …
Persistent link: https://www.econbiz.de/10008568664
others who are `close' to them socially or geographically. This represents a fairly accurate picture of human experience … les choix des autres qui sont proches d'eux socialement ou géographiquement. Cela représente une image assez juste de l'expérience …
Persistent link: https://www.econbiz.de/10008591372
We formulate an empirical model of promotion with dynamic selfselection where the current promotion probability depends on the hierarchical level in the firm, individual human capital, unobserved (to the econometrician) individual specific attributes, time varying firm specific variables (firm...
Persistent link: https://www.econbiz.de/10005100931
We estimate a dynamic programming model of schooling decisions in which the degree of risk aversion can be inferred from schooling decisions. In our model, individuals are heterogeneous with respect to school and market abilities but homogeneous with respect to the degree of risk aversion. We...
Persistent link: https://www.econbiz.de/10005100552
the log wage regression function implies that those who obtain more schooling also experience higher average returns. We …
Persistent link: https://www.econbiz.de/10005100588
the local (and average) returns to schooling as well as the returns to experience. Homogeneity of the returns to human … indicate that individuals who have the higher returns to schooling are also those who have the higher returns to experience … market ability individuals (2.3% vs 8.2%) and a 5.4 percentage points difference in the return to experience upon entrance in …
Persistent link: https://www.econbiz.de/10005100599
Using a structural dynamic programming model, we investigate the relative importance of initial household human capital endowments and unobserved individual abilities in explaining cross-sectional differences in schooling attainments and wages. We evaluate the true intergenerational education...
Persistent link: https://www.econbiz.de/10005100633
This paper addresses the effects of peer pressure in work teams. Many empirical studies have shed light on the efficiency of peer pressure. Peer pressure can be defined as mechanisms of mutual monitoring and sanction established within a group of agents by the agents themselves in order to...
Persistent link: https://www.econbiz.de/10005100756