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Search by Committee
Albrecht, James; Vroman, Susan; Anderson, Axel - Institute for the Study of Labor (IZA) - 2007
We consider the problem of sequential search when the decision to stop searching is made by a committee. We show that a symmetric stationary equilibrium exists and is unique given that the distribution of rewards is log concave. Committee members set a lower acceptance threshold than do...
Persistent link: https://www.econbiz.de/10005233765
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Who Misvotes? The Effect of Differential Cognition Costs on Election Outcomes
Shue, Kelly; Luttmer, Erzo F.P. - Institute for the Study of Labor (IZA) - 2006
If voters are fully rational and have negligible cognition costs, ballot layout should not affect election outcomes. In …
Persistent link: https://www.econbiz.de/10005763691
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Ideology
Benabou, Roland - Institute for the Study of Labor (IZA) - 2008
remain obstinately blind to them, embracing a statist ideology and voting for an excessively large government. Conversely, an …
Persistent link: https://www.econbiz.de/10005763921
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How Do Voters Respond to Information? Evidence from a Randomized Campaign
Kendall, Chad; Nannicini, Tommaso; Trebbi, Francesco - Institute for the Study of Labor (IZA) - 2013
Rational voters update their subjective beliefs about candidates' attributes with the arrival of information, and subsequently base their votes on these beliefs. Information accrual is, however, endogenous to voters' types and difficult to identify in observational studies. In a large scale...
Persistent link: https://www.econbiz.de/10011128039
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Candidate Ballot Information and Election Outcomes: The Czech Case
Jurajda, Štepán; Münich, Daniel - Institute for the Study of Labor (IZA) - 2014
We measure the importance of candidate characteristics listed on ballots for a candidate's position on a slate, for preferential votes received by a candidate, and, ultimately, for getting elected. We focus on the effects of gender, various types of academic titles, and also several novel...
Persistent link: https://www.econbiz.de/10011105066
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Aging and Attitudes Towards Strategic Uncertainty and Competition: An Artefactual Field Experiment in a Swiss Bank
Madies, Thierry; Villeval, Marie Claire; Wasmer, Malgorzata - Institute for the Study of Labor (IZA) - 2012
We study the attitudes of junior and senior employees towards strategic uncertainty and competition, by means of a market entry game inspired by Camerer and Lovallo (1999). Seniors exhibit higher entry rates compared to juniors, especially when earnings depend on relative performance. This...
Persistent link: https://www.econbiz.de/10010884197
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Women, Children and Patience: Experimental Evidence from Indian Villages
Bauer, Michal; Chytilová, Julie - Institute for the Study of Labor (IZA) - 2009
In this paper we study the link between women's responsibility for children and their preferences. We use a large random sample of individuals living in rural India, incentive compatible measures of patience and risk aversion, and detailed survey data. We find more patient choices among women...
Persistent link: https://www.econbiz.de/10005030895
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Cognitive Ability, Character Skills, and Learning to Play Equilibrium: A Level-k Analysis
Gill, David; Prowse, Victoria L. - Institute for the Study of Labor (IZA) - 2014
of play towards Nash equilibrium in repeated strategic interactions. We study behavior in a p-beauty contest experiment … ability to that of character skills, and find that both cognition and personality affect behavior and learning. More agreeable …
Persistent link: https://www.econbiz.de/10010886141
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Trust in Public Institutions over the Business Cycle
Stevenson, Betsey; Wolfers, Justin - Institute for the Study of Labor (IZA) - 2011
the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial …We document that trust in public institutions – and particularly trust in banks, business and government – has declined … sector. Finally, analysis of several repeated cross-sections of confidence within U.S. states yields similar qualitative …
Persistent link: https://www.econbiz.de/10008868129
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Are Teams Less Inequality Averse than Individuals?
He, Haoran; Villeval, Marie Claire - Institute for the Study of Labor (IZA) - 2014
We compare inequality aversion in individuals and teams by means of both within- and between-subject experimental designs, and we investigate how teams aggregate individual preferences. We find that team decisions reveal less inequality aversion than individual initial proposals in team...
Persistent link: https://www.econbiz.de/10010884177