Showing 1 - 7 of 7
, the reduction of the length of the first cycle of studies to three years, in several continental European countries where …
Persistent link: https://www.econbiz.de/10005822626
Higher education, like any other commodity or service, has been viewed in a variety of economic frameworks. Little of … authors spell out the key economic dimensions of a market, and illustrate their relevance for research that seeks to analyze … the players and policies in the many distinct domestic and international markets that exist for the inputs and outputs of …
Persistent link: https://www.econbiz.de/10005703607
measured by earnings is examined. Contrarily to previous studies which rely on instrumental variable techniques, selection …
Persistent link: https://www.econbiz.de/10008532120
We study the impact of team decision making on market behavior and its consequences for subsequent individual performance in the Wason selection task, the single-most studied reasoning task. We reformulated the task in terms of "assets" in a market context. Teams of traders learn the task’s...
Persistent link: https://www.econbiz.de/10008532122
Many information structures generate correlated rather than mutually independent signals, the news media being a prime example. This paper shows experimentally that in such contexts many people neglect these correlations in the updating process and treat correlated information as independent. In...
Persistent link: https://www.econbiz.de/10010706055
Friedman (1962) suggested that in general, unfettered markets ensure the efficient provision of goods and services … to be more mixed and modest than expected. We suggest that this in fact should not be surprising, since economic theory …
Persistent link: https://www.econbiz.de/10010632994
This paper studies how an institution such as markets affects the evolution of mankind. My key point is that the forces …
Persistent link: https://www.econbiz.de/10005761761