Showing 1 - 10 of 4,231
Inattention is a central, unifying theme for much of behavioral economics. It permeates such disparate fields as microeconomics, macroeconomics, finance, public economics, and industrial organization. It enables us to think in a rather consistent way about behavioral biases, speculate about...
Persistent link: https://www.econbiz.de/10012453617
Since the dawn of broadcasting, and especially in the past decade, Americans have turned their attention from local to more distant sources of news and entertainment. While the integration of media markets will raise the private welfare of many consumers, a globalized information and...
Persistent link: https://www.econbiz.de/10012466352
This paper considers nonparametric identification and estimation of a generalized Roy model that includes a non-pecuniary component of utility associated with each choice alternative. Previous work has found that, without parametric restrictions or the availability of covariates, all of the...
Persistent link: https://www.econbiz.de/10012464700
The rational-choice framework for modeling matching markets has been tremendously useful in guiding the design of school-assignment systems. Despite this success, a large body of work documents deviations from the predictions of this framework that appear influenced by behavioral-economic...
Persistent link: https://www.econbiz.de/10014226170
cannot have it. We term this motive superiority-seeking, and show that it generates preferences for exclusion that help …, which generates a motive for firms and organizations to cater to such preferences by engaging in exclusionary policies …
Persistent link: https://www.econbiz.de/10013361988
This paper extends my research applying statistical decision theory to treatment choice with sample data, using maximum regret to evaluate the performance of treatment rules. The specific new contribution is to study as-if optimization using estimates of illness probabilities in clinical choice...
Persistent link: https://www.econbiz.de/10012660036
This paper uses an individual-level data set to analyze the determinants of individual preferences over immigration …-policy preferences. Different economic models make contrasting predictions about the nature of this link. We have two main empirical …. The result is robust to several different econometric specifications which account for determinants of policy preferences …
Persistent link: https://www.econbiz.de/10012471861
remote work during the pandemic likely shaped expectations and preferences toward WFH. The magnitude of the effects on … preferences and expectations are similar across gender, marital status, and presence of children …
Persistent link: https://www.econbiz.de/10014226138
We investigate the relationship between (a) official information on COVID-19 infection and death case counts; (b) beliefs about such case counts, at present and in the future; (c) beliefs about average infection chance--in principle, directly calculable from (b); and (d) self-reported...
Persistent link: https://www.econbiz.de/10012696361
I present a behavioral epidemiological model of the evolution of the COVID epidemic in the United States and the United Kingdom over the past 12 months. The model includes the introduction of a new, more contagious variant in the UK in early fall and the US in mid December. The model is...
Persistent link: https://www.econbiz.de/10012482650