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Discounting in the Presence of Scarce Ecosystem Services
Zhu, Xueqin - 2019
Discounting has to take account of ecosystem services in consumption and production. Previous literature focuses on the …
Persistent link: https://www.econbiz.de/10012892067
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Discounting and Climate Policy
van der Ploeg, Rick - 2020
rate with a distribution that is constant over time) are discussed for why the social discount rate is likely to decline … over time. A declining social discount rate also emerges if account is taken from the relative price effects resulting from …
Persistent link: https://www.econbiz.de/10012827663
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Impatience and Uncertainty : Experimental Decisions Predict Adolescents' Field Behavior
Sutter, Matthias - 2011
We study risk attitudes, ambiguity attitudes, and time preferences of 661 children and adolescents, aged ten to …
Persistent link: https://www.econbiz.de/10013118350
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Inconsistent Time Preferences and On-the-Job Search - When it Pays to Be Naive
Fahn, Matthias - 2019
better off than sophisticated or time-consistent individuals. Moreover, they search more, which partially counteracts the …
Persistent link: https://www.econbiz.de/10012871758
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Speed, Quality, and the Optimal Timing of Complex Decisions : Field Evidence
Sunde, Uwe; Zegners, Dainis; Strittmatter, Anthony - 2022
This paper presents an empirical investigation of the relation between decision speed and decision quality for a real-world setting of cognitively-demanding decisions in which the timing of decisions is endogenous: professional chess. Move-by-move data provide exceptionally detailed and precise...
Persistent link: https://www.econbiz.de/10013306854
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Formative Experiences and the Price of Gasoline
Severen, Christopher; van Benthem, Arthur A. - 2019
age during this time drove to work in the year 2000 (i.e., in their mid 30s). The effect is stronger for those with lower …
Persistent link: https://www.econbiz.de/10012052863
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Social Media and Mental Health
Braghieri, Luca; Levy, Ro'ee; Makarin, Alexey - 2022
The diffusion of social media coincided with a worsening of mental health conditions among adolescents and young adults in the United States, giving rise to speculation that social media might be detrimental to mental health. In this paper, we provide quasi-experimental estimates of the impact...
Persistent link: https://www.econbiz.de/10013266688
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Firms and Collective Reputation: The Volkswagen Emission Scandal as a Case Study
Bachmann, Ruediger; Ehrlich, Gabriel; Ruzic, Dimitrije - 2017
This paper uses the 2015 Volkswagen emissions scandal as a natural experiment to provide causal evidence that group reputation externalities matter for firms. Our estimates show statistically and economically significant declines in the U.S. sales and stock returns of, as well as public...
Persistent link: https://www.econbiz.de/10011794144
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Risk Aversion and the Subjective Time Discount Rate: A Joint Approach
van Praag, Bernard M.S.; Booij, Adam S. - 2003
risk aversion in a simple model where time discounting is ignored, we find completely different estimates for this … estimate of risk aversion and the time preference discount rate per individual. This can be done because the consumption of a … large prize is smoothed over a larger time period. It is found that both parameters strongly vary over individuals, while …
Persistent link: https://www.econbiz.de/10010315793
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Formative Experiences and the Price of Gasoline
Severen, Christopher - 2019
age during this time drove to work in the year 2000 (i.e., in their mid 30s). The effect is stronger for those with lower …
Persistent link: https://www.econbiz.de/10012865700