Showing 1 - 10 of 148
In the last twenty years a growing body of experimental evidence has posed a challenge to the standard Exponential Discounting Model of choice over time. Attention has focused on some specific ‘anomalies’, notably preference reversal and declining discount rates, leading to the formulation...
Persistent link: https://www.econbiz.de/10005763508
usefulness of the approach in the context of field experiments on gift exchange. Our results suggest that a BS design requires …
Persistent link: https://www.econbiz.de/10010959685
experiments designed to test the ways in which incentive mechanisms influence the use of a particular heuristic in decision …
Persistent link: https://www.econbiz.de/10005822173
patience in a laboratory time preference experiment, exploit the fishing grounds less in their daily lives. Moreover, because …
Persistent link: https://www.econbiz.de/10005822252
Field experiments that involve nested structures may assign treatment conditions either to entire groups (such as … classrooms or schools), or individuals within groups (such as students). Since field experiments involve clustering, key aspects …
Persistent link: https://www.econbiz.de/10005566837
During the 1980s a set of randomized experiments were carried out to determine the usefulness of a mandatory arrest …
Persistent link: https://www.econbiz.de/10008460591
paper, we conduct laboratory experiments in which we explore the motivations for and the effects of group identity. We find …
Persistent link: https://www.econbiz.de/10005762312
Consumption expenditure declines sharply at the time of retirement for many households, but the majority maintain a … smooth consumption path. A simple life cycle model with uncertainty about the time of retirement can account for this pattern … consumption expenditure at retirement generated by the model is zero, while the mean is negative, matching the HRS data. However …
Persistent link: https://www.econbiz.de/10005822183
We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal care provided to their parents and education expenditures for their children. The young enjoy their education, while the old may leave a bequest to their children. Within each...
Persistent link: https://www.econbiz.de/10010884300
In this paper, I study temporary migrations, and its consequences for immigrants' behaviour. I distinguish between temporary migrations where the return time is exogenous, and temporary migrations where the migrant chooses when to return. I then illustrate the consequences both types of...
Persistent link: https://www.econbiz.de/10005703225