Showing 1 - 10 of 389
We report the results of an online experiment studying preferences for giving and preferences for group-wide redistribution in small (4-person) and large (200-person) groups. We find that the desire to engage in voluntary giving decreases significantly with group size. However, voting for...
Persistent link: https://www.econbiz.de/10012660053
A large literature treats take-up of commitment contracts, in the form of choice-set restrictions or penalties, as a smoking gun for time-inconsistency or self-control problems (for short, "present focus"). This paper develops techniques for inspecting this assumption, presents new...
Persistent link: https://www.econbiz.de/10012480107
The standard revealed-preference approach to welfare economics encounters fundamental difficulties when the act of choosing directly affects welfare through emotions such as guilt, pride, and anxiety. We address this problem by developing an approach that redefines consumption bundles in terms...
Persistent link: https://www.econbiz.de/10014512054
neural responses to the pertinent prospects when they are not engaged in actual decision making. The ability to make such …
Persistent link: https://www.econbiz.de/10012459390
This paper develops a model of individual decisionmaking in the presence of social interactions when the number of available choices is finite. We show how a multinomial logit model framework may be used to model such decisions in a way that permits a tight integration of theory and...
Persistent link: https://www.econbiz.de/10012469186
This paper provides an analysis of aggregate behavioral outcomes when individual utility exhibits social interaction effects. We study generalized logistic models of individual choice which incorporate terms reflecting the desire of individuals to conform to the behavior of others in an...
Persistent link: https://www.econbiz.de/10012473579
This paper combines a model of parental school choice with randomized school lotteries in order to understand the effects of being assigned to a first-choice school on academic outcomes. We outline a simple framework in which those who place the highest weight on academics when choosing a school...
Persistent link: https://www.econbiz.de/10012466510
In 1994 the city of Tel Aviv replaced its existing school integration program based on inter-district busing, with a new program that allowed students to choose freely between schools in and out of district. This paper explores the impact of this program on high school outcomes while...
Persistent link: https://www.econbiz.de/10012466702
based on fairness, and was a critical argument in Boston's decision to change the mechanism. We then discuss the …
Persistent link: https://www.econbiz.de/10012466706
In an earlier work, we analyzed how the legal rules governing contractual liability affect the transfer of information between the parties to the contract. In particular, we showed how limitations on contractual liability might lead high valuation buyers to reveal their valuation of performance,...
Persistent link: https://www.econbiz.de/10012471688