Showing 1 - 10 of 531
decision problems under uncertainty, is used to build a large stochastic numerical equilibrium model of the Western European …
Persistent link: https://www.econbiz.de/10010328792
We study the influence of reason and intuition on decision making over time. Facing a sequence of similar problems …, agents can either decide rationally according to expected utility theory or intuitively according to case-based decision …
Persistent link: https://www.econbiz.de/10010480864
To investigate how Covid-19 is shaping the way Europeans think about institutions, we conducted a large online survey experiment during the first wave of the epidemic (June). With a randomised survey ow we varied whether respondents are given Covid-related treatment questions first, before...
Persistent link: https://www.econbiz.de/10013251268
We model the evolution of the number of individuals that are reported to be sick with COVID-19 in Germany. Our theoretical framework builds on a continuous time Markov chain with four states: healthy without infection, sick, healthy after recovery or after infection but without symptoms and...
Persistent link: https://www.econbiz.de/10012837989
This paper investigates the role of testing and age-composition in the Covid-19 epidemic. We augment a standard SIR epidemiological model with individual choices regarding how much time to spend working and consuming outside the house, both of which increase the risk of transmission. Individuals...
Persistent link: https://www.econbiz.de/10012832194
This paper explored the determinants of survival in a life and death situation created by an external and unpredictable shock. We are interested to see whether pro-social behaviour matters in such extreme situations. We therefore focus on the sinking of the RMS Titanic as a quasi-natural...
Persistent link: https://www.econbiz.de/10010264458
The sinking of the Titanic in April 1912 took the lives of 68 percent of the people aboard. Who survived? It was women and children who had a higher probability of being saved, not men. Likewise, people traveling in first class had a better chance of survival than those in second and third...
Persistent link: https://www.econbiz.de/10010264561
the public good and leisure is valuable. Existing experiments start with a given number of tokens for each decision … to (or simultaneously with) the decision of how to allocate that income between private and public goods. …
Persistent link: https://www.econbiz.de/10010274945
We study individual demand for COVID-19 antibody tests in an incentivized study on a representative sample of the US population. Almost 2,000 participants trade off obtaining an at-home test kit against money. At prices close to zero, 80 percent of individuals want the test. However, this broad...
Persistent link: https://www.econbiz.de/10012227680
Using the Worldwide COVID-19 Attitudes and Beliefs dataset covering 108,918 respondents from 178 countries, the paper examines the determinants of public trust in governments during the COVID-19. It is found that older and healthy people trust more to their governments. Education is negatively...
Persistent link: https://www.econbiz.de/10012832197