Showing 1 - 10 of 633
We examine how 17 behavioral biases relate to each other, to other decision inputs, and to decision outputs. Most consumers exhibit multiple biases in our nationally representative panel data. There is substantial heterogeneity across consumers, even within similar demographic/skill groups....
Persistent link: https://www.econbiz.de/10012482357
This paper presents some of the first large-scale survey evidence linking optimism to major economic choices. We create a novel measure of optimism using the Survey of Consumer Finance by comparing a person's self-reported life expectancy to that implied by statistical tables. Optimists are more...
Persistent link: https://www.econbiz.de/10012467322
Research in behavioral economics suggests that certain circumstances, such as large numbers of complex options or revisiting prior choices, can lead to decision errors. This paper explores the enrollment decisions of Medicare beneficiaries in the Medicare Advantage (MA) program. During the time...
Persistent link: https://www.econbiz.de/10012458484
We study the long-run evolution of brand preferences, using new data on consumers' life histories and purchases of consumer packaged goods. Variation in where consumers have lived in the past allows us to isolate the causal effect of past experiences on current purchases, holding constant...
Persistent link: https://www.econbiz.de/10012462389
We link a new UK management survey covering 8,000 firms to panel data on productivity in manufacturing and services …
Persistent link: https://www.econbiz.de/10012794618
A new interest in the role of services in world transactions has been generated by the current efforts of the U. S …. Government to reduce barriers to international trade in services.The paper distinguishes four different classifications of … economic activities between services and corrmodities. Service industries -- those producing non-storable outputs -- have been …
Persistent link: https://www.econbiz.de/10012477978
platforms for pet-sitting services. We exploit variation in pre-merger market shares and a difference-in-differences approach to …
Persistent link: https://www.econbiz.de/10012482266
find that clinic violence reduces abortion services in targeted areas. Once travel is taken into account, however, the …
Persistent link: https://www.econbiz.de/10012462055
) by adding newly traded goods and services and that much of this new trade is in intermediates. I provide an extension of …
Persistent link: https://www.econbiz.de/10012462725
Two central topics in recent rounds of international trade negotiations have been environmental concerns, and services … trade. While each is undoubtedly important, they are unrelated. In this paper I show that the services-environment link is … small, for two reasons. First, services account for only a small fraction of overall pollution. For none of five major air …
Persistent link: https://www.econbiz.de/10012463712