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Environmental Auditing in Management Systems and Public Policy

Gabel, H. Landis; Sinclair-Desgagné, Bernard - Centre Interuniversitaire de Recherche en Analyse des … - 1996

New international standards for environmental auditing are now being actively promoted by public authorities and adopted by private firms. One important feature of these standards is their emphasis on managerial systems and incentives that support a wiser use of environmental resources. This...

Persistent link: https://www.econbiz.de/10005101002

Aspiration Levels and Educational Choices<br>An experimental study

Page, Lionel; Lévy-Garboua, Louis; Montmarquette, Claude - Centre Interuniversitaire de Recherche en Analyse des … - 2006

experiment in which they had to perform a task over fifteen stages grouped in three blocks or levels. In order to continue … through the experiment, a minimum level of success was required at the end of each level. Rewards were dependent on the final …, participants in the loss framing group choose to go further in the experiment. There was also a significant and interesting gender …

Persistent link: https://www.econbiz.de/10005100555

Actions and Beliefs: Estimating Distribution-Based Preferences Using a Large Scale Experiment with Probability Questions on Expectations

Bellemare, Charles; Kröger, Sabine; Soest, Arthur van - Centre Interuniversitaire de Recherche en Analyse des … - 2006

We combine the choice data of proposers and responders in the ultimatum game, their expectations elicited in the form of subjective probability questions, and the choice data of proposers (dictators) in a dictator game to estimate a structural model of decision making under uncertainty. We use a...

Persistent link: https://www.econbiz.de/10005101056

An experimental study of trading volume and divergence of expectations in relation to earnings announcement

Dinh, Thanh Huong; Gajewski, Jean-François - Centre Interuniversitaire de Recherche en Analyse des … - 2007

individual accounts, the basis for determining profit by the shareholders' general meeting. In the experiment, this is announced … participants. Thus they periodically revise their expectations as to the annual results. The experiment shows that the divergence …

Persistent link: https://www.econbiz.de/10005169008

Individual Survival Curves Comparing Subjective and Observed Mortality Risk

Bissonnette, Luc; Hurd, Michael; Michaud, Pierre-Carl - Centre Interuniversitaire de Recherche en Analyse des … - 2015

In this paper, we compare individual survival curves constructed from objective (actual mortality) and elicited subjective information (probability of survival to a given target age). We develop a methodology to estimate jointly subjective and objective individualsurvival curves accounting for...

Persistent link: https://www.econbiz.de/10011185607

Using a Life Cycle Model to Evaluate Financial Literacy Program Effectiveness

Lusardi, Annamaria; Michaud, Pierre-Carl; Mitchell, … - Centre Interuniversitaire de Recherche en Analyse des … - 2015

Prior studies disagree regarding the effectiveness of financial literacy programs, especially those offered in the workplace. To explain such measurement differences in evaluation and outcomes, we employ a stochastic life cycle model with endogenous financial knowledge accumulation to...

Persistent link: https://www.econbiz.de/10011255429

Human Capital Investment by the Poor: Informing Policy with Laboratory and Field Experiments

Eckel, Catherine; Johnson, Cathleen; Montmarquette, Claude - Centre Interuniversitaire de Recherche en Analyse des … - 2010

risk, are key to understanding the determinants of educational investment for the low-income individuals in this experiment …

Persistent link: https://www.econbiz.de/10008560179

Estimating Nonseparable Preference Specifications for Asset Market Participants

Jacobs, Kris - Centre Interuniversitaire de Recherche en Analyse des … - 2001

This paper uses panel data and Euler equations to estimate preference specifications that are nonseparable in consumption and leisure. The econometric analysis uses panel data, and therefore it differs from existing econometric studies that use a representative agent framework. Moreover, the...

Persistent link: https://www.econbiz.de/10005100564

Asset and Commodity Prices with Multiattribute Durable Goods

Detemple, Jérôme B.; Giannikos, Christos I. - Centre Interuniversitaire de Recherche en Analyse des … - 1995

We consider a pure exchange representative agent economy with perishable and durable commodities in which the durable good provides status as well as services. We examine the effects of the durable's attributes on demands and equilibrium prices. When the attributes are perfect substitutes...

Persistent link: https://www.econbiz.de/10005100565

Equilibrium Asset Prices and No-Arbitrage with Portfolio Constraints

Detemple, Jérôme B.; Murthy, Shashidhar - Centre Interuniversitaire de Recherche en Analyse des … - 1997

We examine intertemporal asset pricing when short sales are constrained in proportion to the value of an investor's portfolio. All assets' prices exceed every investor's marginal utility of consumption-based valuation of the associated dividends if every investor finds himself constrained in...

Persistent link: https://www.econbiz.de/10005100668