Showing 1 - 10 of 179
We document that the recent house price experiences within an individual's social network affect her perceptions of the attractiveness of property investments, and through this channel have large effects on her housing market activity. Our data combine anonymized social network information from...
Persistent link: https://www.econbiz.de/10012988967
This paper studies the decision made by a family to invest in student migration. We propose an empirical structural decision model which reflects the importance of both the return to the investment and the budgetary constraint in the choice of the family. We circumvent the problem of endogeneity...
Persistent link: https://www.econbiz.de/10013056819
Patient mobility is a key issue in the EU who recently passed a new law on patients’ right to EU-wide provider choice …. In this paper we use a Hotelling model with two regions that differ in technology to study the impact of patient mobility … on health care quality, health care financing and welfare. We show that without patient mobility quality is too low (high …
Persistent link: https://www.econbiz.de/10013315635
We conduct a laboratory experiment to shed light on the cognitive limitations that may affect the way decision makers respond to changes in their economic environment. The subjects solve a tracking problem: they estimate the probability of a binary event, which changes stochastically. The...
Persistent link: https://www.econbiz.de/10012963774
We develop an economic theory of tolerance where lifestyles and traits are invested with symbolic value by people. Value systems are endogenous and taught by parents to their children. In conjunction with actual behavior, value systems determine the esteem enjoyed by individuals. Intolerant...
Persistent link: https://www.econbiz.de/10012777299
We propose a technique for assessing robustness of behavioral measures and treatment effects to experimenter demand effects. The premise is that by deliberately inducing demand in a structured way we can measure its influence and construct plausible bounds on demand-free behavior. We provide...
Persistent link: https://www.econbiz.de/10012952405
We examine whether parties punish politicians who vote against the party line in roll-call votes. Using data of German members of parliament over the legislative period 2009-2013, we take into account that the effect of punishment differs along the list of candidates because a candidate is...
Persistent link: https://www.econbiz.de/10012953695
There is growing interest in the use of loss contracts that offer performance incentives as upfront payments that employees can lose. Standard behavioral models predict a tradeoff in the use of loss contracts: employees will work harder under loss contracts than under gain contracts; but,...
Persistent link: https://www.econbiz.de/10013024372
This paper studies how imposing norms on contribution behavior affects individuals' intrinsic motivation. We consider the church levy, which the Catholic Church in Germany collects as a charitable donation, despite the fact that the levy is legally a tax. We design a randomized field experiment...
Persistent link: https://www.econbiz.de/10012985409
Choosing between selfish and non-selfish behavior in real life is a repeated decision with varying time spans between repetitions. To learn more about the dynamics of altruistic behavior, we use repeated standard dictator experiments. The dynamics of prosocial behavior in these experiments...
Persistent link: https://www.econbiz.de/10013315543