Showing 1 - 10 of 544
We study compliance dynamics generated by a large set of behavioral rules describing social interaction in a population of agents facing an enforcement authority. When the authority adjusts the auditing probability every period, cycling in cheating-auditing occurs: Intensive monitoring induces...
Persistent link: https://www.econbiz.de/10010352407
Attention is a pivotal resource in the modern economy and plays an increasingly prominent role in economic analysis. We summarize research on attention from both psychology and economics, placing a particular emphasis on its capacity to explain numerous documented violations of classical...
Persistent link: https://www.econbiz.de/10014469341
Global Games approach we can solve this coordination problem and eliminate the problem of multiple equilibria. We show how … appropriate information provision enhances efficiency. We discuss extensions of the model and argue that subsidies may be a … property of a signalling equilibrium to overcome credibility problems in information provision. In addition we point out …
Persistent link: https://www.econbiz.de/10010261419
remains even in the age of Artificially Intelligent Learning Machines and Big Data. Many academic economists take it as a …
Persistent link: https://www.econbiz.de/10011744899
We examine how the evaluation of research studies in economics depends on whether a study yielded a null result. Studies with null results are perceived to be less publishable, of lower quality, less important, and less precisely estimated than studies with significant results, even when holding...
Persistent link: https://www.econbiz.de/10013353388
education spending and teacher salaries falls when respondents receive information about existing levels. Treatment effects vary … by prior knowledge in a manner consistent with information effects rather than priming. Support for salary increases is …’ lower support for increases. Information about the tradeoffs between specific spending categories shifts preferences from …
Persistent link: https://www.econbiz.de/10011584891
support for tuition depends on information and design, we devise several survey experiments in representative samples of the … German electorate (N>19,500). The electorate is divided, with a slight plurality opposing tuition. Providing information on … opposition-reducing effect persists two weeks after treatment. Information on fiscal costs and unequal access does not affect …
Persistent link: https://www.econbiz.de/10012018227
, implying endogeneity of policy preferences. The information treatment also affects non-partisan swing voters. …
Persistent link: https://www.econbiz.de/10012018270
. Experimental provision of return and cost information significantly increases educational aspirations. However, it does not close … the aspiration gap as university graduates respond even more strongly to the information treatment. Persistent effects in … a follow-up survey indicate that participants indeed process and remember the information. Differences in economic …
Persistent link: https://www.econbiz.de/10011872057
exposure to macroeconomic risk, consistent with sticky information models in which people are inattentive, but understand how …
Persistent link: https://www.econbiz.de/10011887414