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The Bright but Right View? A New Type of Evidence on Entrepreneurial Optimism
Bengtsson, Ola; Ekeblom, Daniel - Institutet för Näringslivsforskning (IFN) - 2014
dataset (180,814 responses) that allows us to create a good measure of entrepreneurial optimism. Our measure is based on the … optimism because they are completely uncorrelated with the individual’s own life or work situation (which is not optimism) and … conditions. Our data highlight the importance of measuring optimism correctly. About half of the survey respondents differ in …
Persistent link: https://www.econbiz.de/10010818438
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Norms, Incentives and Information in Income Insurance
Lindbeck, Assar; Persson, Mats - Institutet för Näringslivsforskning (IFN) - 2015
In this paper, we ask under what conditions norms can enhance welfare by mitigating moral hazard in income insurance … social norms and internalized norms. We study how optimal insurance arrangements, the behavior of insured individuals, and …
Persistent link: https://www.econbiz.de/10011166099
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Probabilistic Choice as a Result of Mistakes
Mattsson, Lars-Göran; Weibull, Jörgen W. - Institutet för Näringslivsforskning (IFN) - 2000
We derive a family of probabilistic choice models including the multinomial logit model, from a microeconomic model in which the decision maker has to make some effort in order to avoid mistakes when implementing any desired outcome. The disutility of this effort enters the decision maker's goal...
Persistent link: https://www.econbiz.de/10005771086
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Probabilistic Choice as a Result of Mistakes.
Mattsson, L.-G.; Weibull, J.W. - Institutet för Näringslivsforskning (IFN) - 2000
We derive a family of probabilistic choice models including the multinomial logit model, from a microeconomic model in which the decision maker has to make some effort in order to avoid mistakes when implementing any desired outcome. The disutility of this effort enters the decision maker's goal...
Persistent link: https://www.econbiz.de/10005639336
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Social Norms and Economic Incentives in the Welfare State
Lindbeck, Assar; Nyberg, Sten; Weibull, Jörgen W. - Institutet för Näringslivsforskning (IFN) - 1997
This paper analyzes the interplay between social norms and economic incentives in the context of work decisions in the modern welfare state. We assume that to live off one's own work is a social norm, and that the larger the population fraction adhering to this norm, the more intensely it is...
Persistent link: https://www.econbiz.de/10010600196
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Centralized Wage Setting, Wage Drift and Stabilization Policies under Trade Unionism
Holmlund, Bertil - Institutet för Näringslivsforskning (IFN) - 1985
No abstract.
Persistent link: https://www.econbiz.de/10010684440
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Speculation, Bubbles, and Sunspots under Structural Uncertainty
Wihlborg, Clas - Institutet för Näringslivsforskning (IFN) - 1987
No abstract.
Persistent link: https://www.econbiz.de/10010684502
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Risk Aversion Relates to Cognitive Ability: Fact or Fiction?
Andersson, Ola; Tyran, Jean-Robert; Wengström, Erik; … - Institutet för Näringslivsforskning (IFN) - 2013
Recent experimental studies suggest that risk aversion is negatively related to cognitive ability. In this paper we report evidence that this relation might be spurious. We recruit a large subject pool drawn from the general Danish population for our experiment. By presenting subjects with...
Persistent link: https://www.econbiz.de/10010729196
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Deciding for Others Reduces Loss Aversion
Andersson, Ola; Holm, Håkan J.; Tyran, Jean-Robert; … - Institutet för Näringslivsforskning (IFN) - 2013
We study risk taking on behalf of others, both with and without potential losses. A large-scale incentivized experiment is conducted with subjects randomly drawn from the Danish population. On average, decision makers take the same risks for other people as for themselves when losses are...
Persistent link: https://www.econbiz.de/10010818406
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Luck, Choice and Responsibility: An Experimental Study of Fairness Views
Möllerström, Johanna; Reme, Bjørn-Atle; Sørensen, … - Institutet för Näringslivsforskning (IFN) - 2014
We conduct a laboratory experiment where third-party spectators can redistribute resources between two agents, thereby offsetting the consequences of controllable and uncontrollable luck. Some spectators go to the limits and equalize all or no inequalities, but many follow an interior allocation...
Persistent link: https://www.econbiz.de/10010818526