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The behavioral relevance of non-binding default options is well established. While most research has focused on decision makers' responses to a given default, we argue that this individual decision making perspective is incomplete. Instead, a comprehensive understanding of the foundation of...
Persistent link: https://www.econbiz.de/10010128312
. Understanding the interaction between income support systems (such as unemployment benefits, social assistance, early retirement and … speed and depth of the reforms are remarkable, mainly aimed at activating people by increasing their incentives to take up …
Persistent link: https://www.econbiz.de/10003932145
reservation/market wage ratio. Relative to single filers, this leads to strong negative labour supply incentives for secondary … earners and to positive incentives for first earners in married couples. …
Persistent link: https://www.econbiz.de/10003531642
. This is not caused by monetary incentives per se since under both wage schemes it is profit-maximizing for agents to exert …
Persistent link: https://www.econbiz.de/10003863658