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Identification Problems in Personality Psychology

Borghans, Lex; Golsteyn, Bart; Heckman, James J.; … - Institute for the Study of Labor (IZA) - 2011

This paper discusses and illustrates identification problems in personality psychology. The measures used by …

Persistent link: https://www.econbiz.de/10008922967

Groupthink: Collective Delusions in Organizations and Markets

Benabou, Roland - Institute for the Study of Labor (IZA) - 2013

This paper investigates collective denial and willful blindness in groups, organizations and markets. Agents with anticipatory preferences, linked through an interaction structure, choose how to interpret and recall public signals about future prospects. Wishful thinking (denial of bad news) is...

Persistent link: https://www.econbiz.de/10010704406

Ideology

Benabou, Roland - Institute for the Study of Labor (IZA) - 2008

I develop a model of ideologies as collectively sustained (yet individually rational) distortions in beliefs concerning the proper scope of governments versus markets. In processing and interpreting signals of the efficacy of public and market provision of education, health insurance, pensions,...

Persistent link: https://www.econbiz.de/10005763921

Motivational Goal Bracketing

Koch, Alexander K.; Nafziger, Julia - Institute for the Study of Labor (IZA) - 2009

It is a puzzle why people often evaluate consequences of choices separately (narrow bracketing) rather than jointly (broad bracketing). We study the hypothesis that a present-biased individual, who faces two tasks, may bracket his goals narrowly for motivational reasons. Goals motivate because...

Persistent link: https://www.econbiz.de/10008517973

Self-Regulation through Goal Setting

Koch, Alexander K.; Nafziger, Julia - Institute for the Study of Labor (IZA) - 2008

questions in a model based on two stylized facts from psychology and behavioral economics: i) Goals serve as reference points …

Persistent link: https://www.econbiz.de/10005566581

Incentives and Prosocial Behavior

Bénabou, Roland; Tirole, Jean - Institute for the Study of Labor (IZA) - 2005

We develop a theory of prosocial behavior that combines heterogeneity in individual altruism and greed with concerns for social reputation or self-respect. Rewards or punishments (whether material or image-related) create doubt about the true motive for which good deeds are performed and this...

Persistent link: https://www.econbiz.de/10005703171

Seemingly Irrelevant Events Affect Economic Perceptions and Expectations: The FIFA World Cup 2006 as a Natural Experiment

Dohmen, Thomas; Falk, Armin; Huffman, David; Sunde, Uwe - Institute for the Study of Labor (IZA) - 2006

Prominent economic theories have emphasized the role of commonly held perceptions and expectations for determining macroeconomic outcomes. A key empirical question is how such collectively held beliefs are formed. We use the FIFA World Cup 2006 as a natural experiment. We provide direct evidence...

Persistent link: https://www.econbiz.de/10005703189

Rationalizable Suicides: Evidence from Changes in Inmates' Expected Length of Sentence

Campaniello, Nadia; Diasakos, Theodoros; Mastrobuoni, … - Institute for the Study of Labor (IZA) - 2014

Is there a rational component in the decision to commit suicide? Economists have been trying to shed light on this question by studying whether suicide rates are related to contemporaneous conditions. This paper goes one step further: we test whether suicides are linked to forward-looking...

Persistent link: https://www.econbiz.de/10010884093

Rational Students and Resit Exams

Kooreman, Peter - Institute for the Study of Labor (IZA) - 2012

Resit exams – extra opportunities to do an exam in the same academic year – are widely prevalent in European higher education, but uncommon in the US. I present a simple theoretical model to compare rational student behavior in the case of only one exam opportunity versus the case of two...

Persistent link: https://www.econbiz.de/10010670825

How Falsifiable is the Collective Model? A New Test with an Application to Monogamous and Bigamous Households in Burkina Faso

Dauphin, Anyck; Fortin, Bernard; Lacroix, Guy - Institute for the Study of Labor (IZA) - 2015

Collective rationality is seldom if ever rejected in the literature, raising doubt about its falsifiability. We show …, collective rationality within monogamous households is not rejected. Using our proposed test procedure, collective rationality is … however rejected for monogamous households. Furthermore, our test also rejects collective rationality for bigamous households …

Persistent link: https://www.econbiz.de/10011268877