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efficiently. The complexity of household structures, including multi-generation and polygynous households, is taken into account … allocations is not rejected in models that allow more than two household members to have agency in decision-making. In contrast … decision-making within complex households …
Persistent link: https://www.econbiz.de/10012480455
Decision regulations help long-run preferences prevail by allowing consumers to partially commit to their long-run goals …, making it harder for a momentary impulse to reverse past decisions. In the cigarette market, examples of Early Decision … Early Decision regulations demonstrates that Early Decisions are optimal when consumer preferences are heterogeneous …
Persistent link: https://www.econbiz.de/10012466751
We state a sufficient condition under which choice data alone suffices to identify consumer preferences when choices are not fully informed. Suppose that: (i) the data generating process is a search model in which the attribute hidden to consumers is observed by the econometrician; (ii) if a...
Persistent link: https://www.econbiz.de/10012482030
Social identities prescribe behaviors for people. We identify the marginal behavioral effect of these norms on discount rates and risk aversion by measuring how laboratory subjects' choices change when an aspect of social identity is made salient. When we make ethnic identity salient to...
Persistent link: https://www.econbiz.de/10012465341
This paper extends my research applying statistical decision theory to treatment choice with sample data, using maximum … paper sends a broad message. Statisticians and computer scientists have addressed conditional prediction for decision making … samples. Neither approach is satisfactory. Statistical decision theory provides a coherent, generally applicable methodology …
Persistent link: https://www.econbiz.de/10012660036
We use two different approaches to measure intertemporal preferences. First we employ the classical method of inferring preferences from a series of choices (subjects choose between $X now or $Y in D days). Second we adopt the novel approach of inferring preferences using only response time data...
Persistent link: https://www.econbiz.de/10012464294
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
. Biased recall of preferences over a major life decision could have important implications for measuring excess fertility, the …
Persistent link: https://www.econbiz.de/10012479793
Preferences for schools are important determinants of equitable access to high-quality education, effects of expanded choice on school improvement and school choice mechanism design. Standard methods for estimating consumer preferences are not applicable in education markets because students do...
Persistent link: https://www.econbiz.de/10012480512