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Schnellenbach, Jan; Schubert, Christian - 2014

Explaining individual behavior in politics should rely on the same motivational assumptions as explaining behavior in the market: That’s what Political Economy, understood as the application of economics to the study of political processes, is all about. In its standard variant, those who...

Persistent link: https://www.econbiz.de/10010412852

The Wade test : generative AI and CEO communication

Choudhury, Prithwiraj; Vanneste, Bart; Zohrehvand, … - 2024

Can generative artificial intelligence (AI) transform the role of the CEO by effectively automating CEO communication …? This study investigates whether AI can mimic a human CEO and whether employees’ perception of the communication’s source … distinguish between communication from their CEO and communication generated by an AI trained on the CEO’s prior communications …

Persistent link: https://www.econbiz.de/10015052589

Central banking and crisis management from the perspective of Austrian business cycle theory

Schnabl, Gunther - 2016

The paper analyses the evolvement and effects of central bank crisis management since the mid 1980s based on a Hayek-Mises-Wicksell overinvestment framework. It is shown that, given that the traditional transmission mechanism between monetary policy and consumer price inflation has collapsed,...

Persistent link: https://www.econbiz.de/10011561161

Rationality in economics : theory and evidence

Dhami, Sanjit S.; Al-Nowaihi, Ali - 2018

We examine the various senses in which economist use the term "rationality" and then outline some of the commonly drawn …

Persistent link: https://www.econbiz.de/10011793877

Are risk aversion and impatience related to cognitive ability?

Dohmen, Thomas; Falk, Armin; Huffman, David; Sunde, Uwe - 2009

This paper investigates whether risk aversion and impatience are correlated with cognitive ability. We conduct incentive compatible choice experiments measuring risk aversion, and impatience over an annual time horizon, for a representative sample of roughly 1,000 German adults. A measure of...

Persistent link: https://www.econbiz.de/10003833308

A theory of tolerance

Corneo, Giacomo (contributor); Jeanne, Olivier (contributor) - 2007

Persistent link: https://www.econbiz.de/10003496581

Smoking and social interaction

Poutvaara, Panu (contributor); Siemers, Lars (contributor) - 2007

Persistent link: https://www.econbiz.de/10003496781

Behavior under social pressure : empty Italian stadiums and referee bias

Pettersson-Lidbom, Per (contributor); … - 2007

Persistent link: https://www.econbiz.de/10003496800

Optimal compulsion when behavioral biases vary and the State errs

Valdés Prieto, Salvador; Schwarzhaupt, Ursula - 2011

When behavioral biases have varying sizes, and the State seeks to correct behavior through compulsion, the question is how to design optimal compulsion. One argument is that the amount of compulsion should rise with the size of the bias to be "cured". A contrary argument is that since compulsion...

Persistent link: https://www.econbiz.de/10009009699

Organizations, diffused pivotality and immoral outcomes

Falk, Armin; Szech, Nora - 2013

This paper studies how organizational design affects moral outcomes. Subjects face the decision to either kill mice for money or to save mice. We compare a Baseline treatment where subjects are fully pivotal to a Diffused-Pivotality treatment where subjects simultaneously choose in groups of...

Persistent link: https://www.econbiz.de/10009764385

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