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We use a simple, three-item test for cognitive abilities to investigate whether established behavioral biases that play a prominent role in behavioral economics and finance are related to cognitive abilities...
Persistent link: https://www.econbiz.de/10005859698
This paper provides new evidence on time use and subjective well-being of employed and unemployed individuals in 14 countries. We devote particular attention to characterizing and modeling job search intensity, measured by the amount of time devoted to searching for a new job[...]
Persistent link: https://www.econbiz.de/10005859689
Although business ownership has implications for income inequality, wealth accumulation and job creation, surprisingly little research explores why Mexican-Americans are less likely to start businesses and why the businesses that they start are less successful on average than non-Latino whites...
Persistent link: https://www.econbiz.de/10005859691
supervisorstend to assess the employees too good (leniency bias) and that the appraisals hardly varyacross employees of a certain … supervisor (centrality bias). We explain these two biases in amodel with a supervisor, who has preferences for the utility of her …
Persistent link: https://www.econbiz.de/10005860479