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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
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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
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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
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Does Intermarriage Pay Off? A Panel Data Analysis
Nottmeyer, Olga - Institute for the Study of Labor (IZA) - 2010
Taking advantage of the panel structure of the data, the impact of intermarriage on labor market productivity as measured by earnings is examined. Contrarily to previous studies which rely on instrumental variable techniques, selection issues are addressed within a fixed effects framework. The...
Persistent link: https://www.econbiz.de/10008532120
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Teams Make You Smarter: Learning and Knowledge Transfer in Auctions and Markets by Teams and Individuals
Maciejovsky, Boris; Sutter, Matthias; Budescu, David V.; … - Institute for the Study of Labor (IZA) - 2010
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
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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
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Behavioral Economics of Education
Koch, Alexander K.; Nafziger, Julia; Nielsen, Helena Skyt - Institute for the Study of Labor (IZA) - 2014
During the last decade knowledge about human behavior from psychology and sociology has enhanced the field of economics of education. By now research recognizes cognitive skills (as measured by achievement tests) and soft skills (personality traits not adequately measured by achievement tests)...
Persistent link: https://www.econbiz.de/10010959676
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Incentives and Information as Driving Forces of Default Effects
Altmann, Steffen; Falk, Armin; Grunewald, Andreas - Institute for the Study of Labor (IZA) - 2013
The behavioral relevance of non-binding default options is well established. While most research has focused on decision makers' responses to a given default, we argue that this individual decision making perspective is incomplete. Instead, a comprehensive understanding of the foundation of...
Persistent link: https://www.econbiz.de/10010959692
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Certainty and Severity of Sanctions in Classical and Behavioral Models of Deterrence: A Survey
Entorf, Horst - Institute for the Study of Labor (IZA) - 2012
This survey summarizes the classical fundamentals of modern deterrence theory, covers major theoretical and empirical …
Persistent link: https://www.econbiz.de/10011279359
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The Effects of Tax Salience and Tax Experience on Individual Work Efforts in a Framed Field Experiment
Fochmann, Martin; Weimann, Joachim - Institute for the Study of Labor (IZA) - 2011
We conduct a framed field experiment with 245 employed persons (no students) as subjects and a real tax, which is …
Persistent link: https://www.econbiz.de/10009353431