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We investigated experimentally whether people can be induced to believe in a non-existent expert, and subsequently pay for what can only be described as transparently useless advice about future chance events. Consistent with the theoretical predictions made by Rabin (2002) and Rabin and Vayanos...
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What role do community norms play in the diffusion and persistence of new organizational practices? We explore this question through an examination of the widespread practice of wage arrears, the late and non-payment of wages, in Russia during the 1990s. Existing research on wage arrears most...
Persistent link: https://www.econbiz.de/10005761724
In order to credibly "sell" legitimate children to their spouse, women must forego more attractive mating opportunities. This paper derives the implications of this observation for the pattern of matching in marriage markets, the dynamics of human capital accumulation, and the evolution of the...
Persistent link: https://www.econbiz.de/10008565196
, broadly defined (e.g., attitudes toward science and technology, new versus old ideas, change, risk taking, personal agency …
Persistent link: https://www.econbiz.de/10011265295
scientific occupations. Using a survey of recent British graduates from Higher Education we report that fewer than 50% of science … graduates work in a scientific occupation three years after graduation. The wage premium observed for science graduates stems … from occupational choice rather than a science degree. Accounting for selection into subject and occupation, the returns to …
Persistent link: https://www.econbiz.de/10009649827
Science rests upon the reliability of peer review. This paper suggests a way to test for bias. It is able to avoid the …
Persistent link: https://www.econbiz.de/10005703672
well spent. Is there an objective way to assess the quality of a nation's world-leading science? I attempt to suggest a …
Persistent link: https://www.econbiz.de/10005002824