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Introducing Unobserved Heterogeneity in Earnings Mobility

Brodaty, Thibault - HAL - 2007

This paper introduces and describes unobserved heterogeneity in earnings quintiles transition matrices in the US. Unobserved heterogeneity is found to play a crucial role in earnings mobility. Each individual is attracted, given his characteristics, towards a specific zone of the distribution....

Persistent link: https://www.econbiz.de/10010750817

Self Control and Intertemporal Choice: Evidence from Glucose and Depletion Interventions

Kuhn, Michael A.; Kuhn, Peter; Villeval, Marie Claire - HAL - 2014

Recent developments in economic theory model intertemporal choice decisions as problems of restraining one's natural impulse to consume today. We use interventions that have been shown in the psychology literature to affect impulse control to examine whether this is indeed the case for...

Persistent link: https://www.econbiz.de/10010752035

The Importance of the Cognitive Environment for Intertemporal Choice

Kuhn, Michael A.; Kuhn, Peter; Villeval, Marie Claire - HAL - 2013

We experimentally manipulate two aspects of the cognitive environment -- cognitive depletion and recent sugar intake -- and estimate their effects on individuals' time preferences in a way that allows us to identify the structural parameters of a simple (α,β,δ) intertemporal utility function...

Persistent link: https://www.econbiz.de/10010899914

Trust and Trustworthiness under the Prospect Theory: A field experiment in Vietnam

Nguyen, Quang; Villeval, Marie Claire; Xu, Hui - HAL - 2012

We study the influence of risk and time preferences on trust and trustworthiness by conducting a field experiment in Vietnamese villages and by estimating the parameters of the Cumulative Prospect Theory and of quasi-hyperbolic time preferences. We find that while probability sensitivity or risk...

Persistent link: https://www.econbiz.de/10010743093

Winning big but feeling no better? The effect of lottery prizes on physical and mental health

Apouey, Bénédicte H.; Clark, Andrew E. - HAL - 2014

We use British panel data to determine the exogenous impact of income on a number of individual health outcomes …: general health status, mental health, physical health problems, and health behaviours (drinking and smoking). Lottery winnings …. For the second, we show that lottery winnings are also associated with more smoking and social drinking. General health …

Persistent link: https://www.econbiz.de/10010738772

A rank-dependent utility model of uncertain lifetime, time consistency and life insurance

Drouhin, Nicolas - HAL - 2012

In a continuous time life cycle model of consumption with uncertain lifetime and no ''pure time preference", we use a non-parametric specification of rank dependent utility theory to characterize the preferences of the agents. From normative point of view, the paper discusses the implication of...

Persistent link: https://www.econbiz.de/10010929098

Optimal short-sighted ruless

Bourgeois-Gironde, Sacha - HAL - 2012

The aim of this paper is to assess the relevance of methodological transfers from behavioral ecology to experimental economics with respect to the elicitation of intertemporal preferences. More precisely our discussion will stem from the analysis of Stephens and Anderson's (2001) seminal...

Persistent link: https://www.econbiz.de/10010571511

The Valuation of Decision and Individual Welfare: A Humean Approach

Lapidus, André - HAL - 2010

Drawing on passages in Book II of the Treatise of Human Nature (1739-40), in the Enquiry Concerning the Principles of Morals (1751), in the Dissertation on the Passions (1757), and in some of the Essays (1777), this paper is built upon Hume's distinction between three alternative valuations of...

Persistent link: https://www.econbiz.de/10008790949

Addiction to car use and dynamic elasticity measures in France

Collet, Roger; Lapparent, Mathieu De; Hivert, Laurent - HAL - 2010

) is applied on a panel dataset, drawn from the French "Car Fleet" survey over the period 1999-2001. Importantly, the …

Persistent link: https://www.econbiz.de/10009278319

L'apport des analyses longitudinales dans la connaissance des phénomènes de pauvreté et d'exclusion sociale : un survey de la littérature étrangère

Pollak, Catherine; Gazier, Bernard - HAL - 2008

Alors que les recherches académiques françaises se tournent depuis peu vers l'analyse dynamique de la pauvreté, les approches longitudinales ont fait l'objet d'une littérature très abondante dans d'autres pays. Cette revue de la littérature contribue à la réflexion autour des moyens de...

Persistent link: https://www.econbiz.de/10010738653