Similar Search Results

Effect of Perceptions and Behaviour on Access to and Use of Financial Service: Evidence from South Africa

Annim, Samuel; Arun, Thankom Gopinath; Kostov, Philip - Institute for the Study of Labor (IZA) - 2012

This study investigates the effect of financial perception and behaviour on; (a) general accounts and services, (b … three estimations support the hypothesis that financial perception has a greater effect on the decision to access and use … behaviour is greater than financial perception when making decisions on the take-up and use of investment financial services. It …

Persistent link: https://www.econbiz.de/10010766375

Usage of Financial Services in South Africa: Perceptions Matter

Kostov, Philip; Arun, Thankom Gopinath; Annim, Samuel - Institute for the Study of Labor (IZA) - 2013

This study investigates the access to and usage of financial services in South Africa. Financial services are categorised in three types namely; general accounts and services, investment/savings and insurance/assurance. Taking into account the interactions between usage of different types of...

Persistent link: https://www.econbiz.de/10010766378

Altruism, Fertility, and the Value of Children: Health Policy Evaluation and Intergenerational Welfare

Birchenall, Javier A.; Soares, Rodrigo R. - Institute for the Study of Labor (IZA) - 2007

This paper accounts for the value of children and future generations in the evaluation of health policies. This is achieved through the incorporation of altruism and fertility in a "value of life" type of framework. We are able to express adults’ willingness to pay for changes in child...

Persistent link: https://www.econbiz.de/10005822923

Unwillingness to Pay for Privacy: A Field Experiment

Beresford, Alastair R.; Kübler, Dorothea; Preibusch, Sören - Institute for the Study of Labor (IZA) - 2010

We measure willingness to pay for privacy in a field experiment. Participants were given the choice to buy a maximum of one DVD from one of two online stores. One store consistently required more sensitive personal data than the other, but otherwise the stores were identical. In one treatment,...

Persistent link: https://www.econbiz.de/10008557221

Measuring the Willingness to Pay to Avoid Guilt: Estimation Using Equilibrium and Stated Belief Models

Bellemare, Charles; Sebald, Alexander; Strobel, Martin - Institute for the Study of Labor (IZA) - 2010

We estimate structural models of guilt aversion to measure the population level of willingness to pay (WTP) to avoid feeling guilt by letting down another player. We compare estimates of WTP under the assumption that higher-order beliefs are in equilibrium (i.e. consistent with the choice...

Persistent link: https://www.econbiz.de/10008562544

Willingness to Accept Equals Willingness to Pay for Labor Market Estimates of the Value of Statistical Life

Kniesner, Thomas J.; Viscusi, W. Kip; Ziliak, James P. - Institute for the Study of Labor (IZA) - 2012

Our research clarifies the conceptual linkages among willingness to pay for additional safety, willingness to accept less safety, and the value of statistical life (VSL). We present econometric estimates that in the important case of workers' decisions concerning exposure to fatal injury risk...

Persistent link: https://www.econbiz.de/10011096076

Eingeschränkt rationales Verhalten: Evidenz und wirtschaftspolitische Implikationen

Altmann, Steffen; Falk, Armin; Marklein, Felix - Institute for the Study of Labor (IZA) - 2009

Die Präzision ökonomischer Prognosen und die Qualität politischer Handlungsempfehlungen hängen in entscheidendem Ausmaß von der Qualität des zugrunde liegenden Verhaltensmodells ab. Nur ein empirisch gut fundiertes Modell ökonomischen Handelns erlaubt es, die Konsequenzen politischer...

Persistent link: https://www.econbiz.de/10008615417

Public Implementation Eliminates Detrimental Effects of Punishment on Human Cooperation

Xiao, Erte; Houser, Daniel - Institute for the Study of Labor (IZA) - 2006

Development of human societies requires cooperation among unrelated individuals and obedience to social norms. Although punishment is widely agreed to be potentially useful in fostering cooperation, many recent results in psychology and economics highlight punishments' failures in this regard....

Persistent link: https://www.econbiz.de/10005822503

Extrinsic Rewards and Intrinsic Motives: Standard and Behavioral Approaches to Agency and Labor Markets

Rebitzer, James B.; Taylor, Lowell J. - Institute for the Study of Labor (IZA) - 2010

Employers structure pay and employment relationships to mitigate agency problems. A large literature in economics documents how the resolution of these problems shapes personnel policies and labor markets. For the most part, the study of agency in employment relationships relies on highly...

Persistent link: https://www.econbiz.de/10008560408

Personality Psychology and Economics

Almlund, Mathilde; Duckworth, Angela Lee; Heckman, James J. - Institute for the Study of Labor (IZA) - 2011

This paper explores the power of personality traits both as predictors and as causes of academic and economic success, health, and criminal activity. Measured personality is interpreted as a construct derived from an economic model of preferences, constraints, and information. Evidence is...

Persistent link: https://www.econbiz.de/10008839282