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Cognitive Procedures and Hyperbolic Discounting
Nir, A. - Tilburg University, Center for Economic Research - 2004
"Hyperbolic discount functions are characterized by a relatively high discount rate over short horizons and a relatively low discount rate over long horizons" (Laibson 1997).We suggest two cognitive procedures where individuals perceive future utility as decreasing at a decreasing rate as a...
Persistent link: https://www.econbiz.de/10011090635
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Relationships as Commitment Devices : Strategic Silence
Nir, A. - Tilburg University, Center for Economic Research - 2004
People who understand self-control problems can devise mechanisms to overcome them.In this paper, we discuss how relationships can help individuals overcome their selfcontrol problems by creating a tradeoff between desired present procrastination and undesired future procrastination.Threatening...
Persistent link: https://www.econbiz.de/10011092398
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A Behavioral Model of Conumption Patterns : The Effects of Cognitive Dissonance and Conformity
Nir, A. - Tilburg University, Center for Economic Research - 2004
Cognitive dissonance causes people to rationalize actions that differ from their own preferences.Conformity, on the … consequences of preference dynamic that occur when individuals rationalize their preferences, are conformists and have a minimum … preferences to a greater degree, (2) Individuals' optimal consumption pattern will be unstable and scatter over time, (3) Average …
Persistent link: https://www.econbiz.de/10011092514
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Methodology for Adjusting GPRA Workforce Development Program Performance Targets for the Effects of Business Cycles
Bartik, Timothy J.; Eberts, Randall W.; Huang, Wei-Jang - W.E. Upjohn Institute for Employment Research - 2009
The U.S. Department of Labor’s Employment and Training Administration issued Training and Employment Guidance Letter (TEGL) 09-08 Change 1 on June 5, 2009. This guidance letter revises the Government Performance and Results Act (GPRA) performance measures for federal workforce development...
Persistent link: https://www.econbiz.de/10004968939
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Sectoral Initiatives to Train Low-Qualified Incumbent Workers in the United States: Two Case Studies
Eberts, Randall W. - W.E. Upjohn Institute for Employment Research
Persistent link: https://www.econbiz.de/10010585731
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The United States: How Partnerships Can Overcome Policy Gaps
Eberts, Randall W. - W.E. Upjohn Institute for Employment Research
Persistent link: https://www.econbiz.de/10010585740