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The Impact of Losing in a Competition on the Willingness to seek Further Challenges
Buser, Thomas - Tinbergen Instituut - 2014
How do people react to setbacks and successes? I introduce a new measure of challenge-seeking to determine the effect of winning and losing in a competition on the willingness to seek further challenges. Participants in a lab experiment compete in two-person tournaments and are then informed of...
Persistent link: https://www.econbiz.de/10011257541
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Early Retirement Behaviour in the Netherlands: Evidence from a Policy Reform
Euwals, Rob; Vuuren, Daniel J. van; Wolthoff, Ronald P. - Tinbergen Instituut - 2006
In the early 1990s, the Dutch social partners agreed upon transforming the generous and actuarially unfair PAYG early retirement schemes into less generous and actuarially fair capital funded schemes. The starting dates of the transitional arrangements varied by industry sector. In this study,...
Persistent link: https://www.econbiz.de/10011256007
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Weighted Temporal Utility
Gerber, Anke; Rohde, Kirsten I.M. - Tinbergen Instituut - 2013
We propose a utility representation for preferences over risky timed outcomes, the weighted temporal utility model. It separates subjective evaluations of outcomes from attitudes towards psychological distance induced by risks and delays. Subjective evaluations of outcomes may depend on the time...
Persistent link: https://www.econbiz.de/10011256358
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Why the Rich drink more but smoke less: The Impact of Wealth on Health Behaviors
Kippersluis, Hans van; Galama, Titus J. - Tinbergen Instituut - 2013
This discussion paper resulted in the publication 'Wealth and Health Behavior: Testing the Concept of a Health Cost … phenomenon by developing a theory of health behavior, and exploiting both lottery winnings and inheritances to test the theory …. We distinguish between the direct monetary cost and the indirect health cost (value of health lost) of unhealthy …
Persistent link: https://www.econbiz.de/10011256703
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A Theory of Socioeconomic Disparities in Health over the Life Cycle
Galama, Titus J.; Kippersluis, Hans van - Tinbergen Instituut - 2010
Understanding of the substantial disparity in health between low and high socioeconomic status (SES) groups is hampered … disparities in health by SES. In our model, lifestyle factors, working conditions, retirement, living conditions and curative care … are mechanisms through which SES, health and mortality are related. Our model predicts a widening and possibly a …
Persistent link: https://www.econbiz.de/10011257432
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Industry Dynamics and Entrepreneurship: An Equilibrium Model
Fok, Dennis; Stel, Andre van; Burke, Andrew; Thurik, Roy - Tinbergen Instituut - 2010
This paper conducts the first general equilibrium analysis of the role of entry, exit and profits in industry dynamics. The benefit of our model is twofold. First, to discriminate between entrants’ role of performing the entrepreneurial function of creating disequilibrium and the conventional...
Persistent link: https://www.econbiz.de/10011256603
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Long-Run Effects of Gestation during the Dutch Hunger Winter Famine on Labor Market and Hospitalization Outcomes
Scholte, Robert S.; Berg, Gerard J. van den; Lindeboom, … - Tinbergen Instituut - 2012
="http://www.sciencedirect.com/science/article/pii/S0167629614001180">'Journal of Health Economics'</A> 2015, 39, 17-30.<P> This is the first study to analyze effects of in utero exposure …
Persistent link: https://www.econbiz.de/10011256631
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What is the Value of Entrepreneurship? A Review of Recent Research
Praag, C. Mirjam van; Versloot, Peter H. - Tinbergen Instituut - 2007
This article examines to what extent recent empirical evidence can collectively and systematically substantiate the claim that entrepreneurship has important economic value. Hence, a systematic review is provided that answers the question: What is the contribution of entrepreneurs to the economy...
Persistent link: https://www.econbiz.de/10011257287
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The Entrepreneurial Adjustment Process in Disequilibrium
Burke, Andrew; Stel, André van - Tinbergen Instituut - 2009
The main contribution of entrepreneurship theory to economics is to provide an account of market performance in disequilibrium but little empirical research has examined firm entry and exit in this context. We redress this by modelling the interrelationship between firm entry and exit in...
Persistent link: https://www.econbiz.de/10011257442
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Self-Confidence and Strategic Deterrence
Charness, Gary; Rustichini, Aldo; Ven, Jeroen van de - Tinbergen Instituut - 2011
We examine factors that may contribute to 'overconfidence' in relative ability on an intelligence test. We test experimentally for evidence of self-esteem concerns and instrumental strategic concerns. Errors in Bayesian updating are rare when the information does not involve own relative...
Persistent link: https://www.econbiz.de/10011255502