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preferences ; altruism ; fairness …
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Experiments in psychology, where subjects estimate confidence intervals to a series of factual questions, have shown that individuals report far too narrow intervals. This has been interpreted as evidence of overconfidence in the preciseness of knowledge, a potentially serious violation of the...
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different risk classes, and were unexpectedly given the opportunity to insure their dental care costs. The setup of the … insurance makes it possible to observe a proxy for private information. Interestingly, results differ across risk classes …. Within high-risk classes, there is evidence of adverse selection and within low-risk classes, the results, surprisingly …
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highlight how a simplistic interpretation of the existing mainstream approaches incorporating entrepreneurship runs the risk of …
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