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Promoting rule compliance in daily-life: Evidence from a randomized field experiment in the public libraries of Barcelona
Apesteguia, Jose; Funk, Patricia; Iriberri, Nagore - Department of Economics and Business, Universitat … - 2010
We study how to promote compliance with rules in everyday situations. Having access to unique data on the universe of users of all public libraries in Barcelona, we test the effect of sending email messages with dierent contents. We find that users return their items earlier if asked to do so in...
Persistent link: https://www.econbiz.de/10008564760
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Quotient spaces of boundedly rational types
Cianciaruso, Davide; Germano, Fabrizio - Department of Economics and Business, Universitat … - 2011
By identifying types whose low-order beliefs – up to level li – about the state of nature coincide, we obtain quotient type spaces that are typically smaller than the original ones, preserve basic topological properties, and allow standard equilibrium analysis even under bounded reasoning....
Persistent link: https://www.econbiz.de/10009327882
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Biased representation of homothetic preferences on homogeneous sets
Menestrel, Marc Le; Lemaire, Bertrand - Department of Economics and Business, Universitat … - 2004
In the homogeneous case of one-dimensional objects, we show that any preference relation that is positive and homothetic can be represented by a quantitative utility function and unique bias. This bias may favor or disfavor the preference for an object. In the first case, preferences are...
Persistent link: https://www.econbiz.de/10005704864
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Additive utility with intransitive indifference and without independence: A homogeneous case
Menestrel, Marc Le; Lemaire, Bertrand - Department of Economics and Business, Universitat … - 2002
infuences rational choice beyond the utility function and explains departures from these standard axioms of utility theory …
Persistent link: https://www.econbiz.de/10005704870
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Biased quantitative measurement of interval ordered homothetic preferences
Menestrel, Marc Le; Lemaire, Bertrand - Department of Economics and Business, Universitat … - 2004
We represent interval ordered homothetic preferences with a quantitative homothetic utility function and a multiplicative bias. When preferences are weakly ordered (i.e. when indifference is transitive), such a bias equals 1. When indifference is intransitive, the biasing factor is a positive...
Persistent link: https://www.econbiz.de/10005827451
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On the justice of voting systems
Apesteguia, Jose; Ballester, Miguel A.; Ferrer, Rosa - Department of Economics and Business, Universitat … - 2006
What are the best voting systems in terms of utilitarianism? Or in terms of maximin, or maximax? We study these questions for the case of three alternatives and a class of structurally equivalent voting rules. We show that plurality, arguably the most widely used voting system, performs very...
Persistent link: https://www.econbiz.de/10005771963
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Sequential screening
Courty, Pascal; Hao, Li - Department of Economics and Business, Universitat … - 1997
We present a model of price discrimination where a monopolist faces a consumer who is privately informed about the distribution of his valuation for an indivisible unit of good but has yet to learn privately the actual valuation. The monopolist sequentially screens the consumer with a menu of...
Persistent link: https://www.econbiz.de/10005772024
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Homothetic interval orders
Lemaire, Bertrand; Menestrel, Marc Le - Department of Economics and Business, Universitat … - 2004
Persistent link: https://www.econbiz.de/10005772032
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On the complexity of rationalizing behavior
Apesteguia, Jose; Ballester, Miguel A. - Department of Economics and Business, Universitat … - 2007
We study the complexity of rationalizing choice behavior. We do so by analyzing two polar cases, and a number of … intermediate ones. In our most structured case, that is where choice behavior is defined in universal choice domains and satisfies … the "weak axiom of revealed preference," finding the complete preorder rationalizing choice behavior is a simple matter …
Persistent link: https://www.econbiz.de/10005772494
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The domain and interpretation of utility functions: An exploration
Menestrel, Marc Le; Wassenhove, Luk N. Van - Department of Economics and Business, Universitat … - 2001
relates these entities with empirically observable objects of choice. This allows us to make explicit the standard … to which objects of choice have a well-defined utility although individuals may vary in the way they treat these objects …
Persistent link: https://www.econbiz.de/10005572614