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An experimental test of loss aversion and scale compatibility
Bleichrodt, Han; Pinto, José Luis - Department of Economics and Business, Universitat … - 2000
This paper studies two important reasons why people violate procedure invariance, loss aversion and scale compatibility. The paper extends previous research on loss aversion and scale compatibility by studying loss aversion and scale compatibility simultaneously, by looking at a new decision...
Persistent link: https://www.econbiz.de/10005704839
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An experimental test of loss aversion and scale compatibility
Bleichrodt, Han; Pinto, José Luis - Department of Economics and Business, Universitat … - 2000
This paper studies two important reasons why people violate procedure invariance, loss aversion and scale compatibility. The paper extends previous research on loss aversion and scale compatibility by studying loss aversion and scale compatibility simultaneously, by looking at a new decision...
Persistent link: https://www.econbiz.de/10005772150
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Relative payoffs and happiness: An experimental study
Charness, Gary; Grosskopf, Brit - Department of Economics and Business, Universitat … - 1999
Some current utility models presume that people are concerned with their relative standing in a reference group. If this is true, do certain types care more about this than others? Using simple binary decisions and self-reported happiness, we investigate both the prevalence of ``difference...
Persistent link: https://www.econbiz.de/10005707960
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Putting health in all policies: The National Institute for Welfare Enhancement
Ortún, Vicente; López-Valcárcel, Beatriz González - Department of Economics and Business, Universitat … - 2010
success of a society. Fortunately, recent advances in measuring social performance include health, education and other social … outcomes. Because “what we measure affects what we do” it is hoped that social policies will change. The movement Health in all … policies and its associated Health Impact Assessment methodology will contribute to it. The task consists of designing …
Persistent link: https://www.econbiz.de/10008498417
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Putting health in all policies: The National Institute for Welfare Enhancement
Ortún, Vicente; López-Valcárcel, Beatriz González - Department of Economics and Business, Universitat … - 2010
success of a society. Fortunately, recent advances in measuring social performance include health, education and other social … outcomes. Because “what we measure affects what we do” it is hoped that social policies will change. The movement Health in all … policies and its associated Health Impact Assessment methodology will contribute to it. The task consists of designing …
Persistent link: https://www.econbiz.de/10008498418
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A measure of rationality and welfare
Apesteguia, Jose; Ballester, Miguel Angel - Department of Economics and Business, Universitat … - 2010
Evidence showing that individual behavior often deviates from the classical principle of preference maximization has raised at least two important questions: (i) How serious are the deviations? and (ii) What is the best way to analyse choice behavior in order to extract information for the...
Persistent link: https://www.econbiz.de/10008498419
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Sweet diversity: Colonial goods and the rise of European living standards after 1492
Hersh, Jonathan; Voth, Joachim - Department of Economics and Business, Universitat … - 2009
When did overseas trade start to matter for living standards? Traditional real-wage indices suggest that living standards in Europe stagnated before 1800. In this paper, we argue that welfare rose substantially, but surreptitiously, because of an influx of new goods as a result of overseas...
Persistent link: https://www.econbiz.de/10005002837
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The determinants of the prevalence of single mothers: A cross-country analysis
Luna, Libertad González - Department of Economics and Business, Universitat … - 2005
This paper examines the effect of public assistance, labor market and marriage market conditions on the prevalence of single mother families across countries and over time. A multinomial logit derived from a random utility approach is estimated using individuallevel data for 14 countries. I find...
Persistent link: https://www.econbiz.de/10005704911
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Informational matching
Rendón, Silvio - Department of Economics and Business, Universitat … - 2002
This paper analyzes the problem of matching heterogeneous agents in a Bayesian learning model. One agent gives a noisy signal to another agent, who is responsible for learning. If production has a strong informational component, a phase of cross-matching occurs, so that agents of low knowledge...
Persistent link: https://www.econbiz.de/10005771999
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The risk of divorce and household saving behavior
Luna, Libertad González; Özcan, Berkay - Department of Economics and Business, Universitat … - 2008
We analyze the impact of an increase in the risk of divorce on the saving behaviour of married couples. From a theoretical perspective, the expected sign of the effect is ambiguous. We take advantage of the legalization of divorce in Ireland in 1996 as an exogenous increase in the likelihood of...
Persistent link: https://www.econbiz.de/10005772177