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policies are now more easily verified, and stakeholders can swiftly add empirical evidence to aid their decision-making. This …
Persistent link: https://www.econbiz.de/10013315648
This paper explores the determinants of survival in a life-and-death situation created by an external and unpredictable shock. We are interested in seeing 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/10012769705
decision problems under uncertainty, is used to build a large stochastic numerical equilibrium model of the Western European …
Persistent link: https://www.econbiz.de/10013072087
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/10013030327
decision problems under uncertainty, is used to build a large stochastic numerical equilibrium model of the Western European …
Persistent link: https://www.econbiz.de/10010720640
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/10011103391
Social preference research has fundamentally changed the way economists think about many important economic and social phenomena. However, the empirical foundation of social preferences is largely based on laboratory experiments with self-selected students as participants. This is potentially...
Persistent link: https://www.econbiz.de/10013316160
economics in terms of decision making conditional on scarcity. Second, a more methodological concern with respect to scientific …
Persistent link: https://www.econbiz.de/10013316653
To discuss experimental results without discussing how they came about makes sense when the results are robust to the way experiments are conducted. Experimental results, however, are – arguably more often than not – sensitive to numerous design and implementation characteristics such as the...
Persistent link: https://www.econbiz.de/10013149365
This study examines the nature of the linkages between stock market prices and exchange rates in six advanced economies, namely the US, the UK, Canada, Japan, the euro area, and Switzerland, using data on the banking crisis between 2007 and 2010. Bivariate GARCH-BEKK models are estimated...
Persistent link: https://www.econbiz.de/10013083258