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Behavioral indifference curves
Komlos, John - 2014
the current level of consumption. The kinks in the curves imply that the utility function is not differentiable everywhere …
Persistent link: https://www.econbiz.de/10010370273
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Axiom preferences and choice mistakes under risk
Herweg, Fabian; Hippel, Svenja; Müller, Daniel; … - 2024
almost half of our subjects. Among those, roughly 24%are rational expected utility maximizers, 24% make occasional mistakes …
Persistent link: https://www.econbiz.de/10014556632
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The scope of cooperation : values and incentives
Tabellini, Guido Enrico (contributor) - 2008
Persistent link: https://www.econbiz.de/10003641773
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Why not in your backyard? : on the location and size of a public facility
Bellettini, Giorgio (contributor); Kempf, Hubert (contributor) - 2008
Persistent link: https://www.econbiz.de/10003662234
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The Pygmalion effect : an agency model with reference dependent preferences
Daido, Kohei (contributor); Itō, Hideshi (contributor) - 2005
We attempt to formulate and explain two types of self-fulfilling prophecy, called the Pygmalion effect (if a supervisor thinks her subordinates will succeed, they are more likely to succeed) and the Galatea effect (if a person thinks he will succeed, he is more likely to succeed). To this...
Persistent link: https://www.econbiz.de/10002756345
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Intertemporal utility with heterogeneous goods and constant elasticity of substitution
Quaas, Martin F.; Baumgärtner, Stefan; Drupp, Moritz A.; … - 2019
We characterize intertemporal utility functions over heterogeneous goods that feature (i) a constant elasticity of … the goods. We find that a standard (stationary) intertemporal utility function is consistent with these two properties if … elasticities of substitution are identical, or if the instantaneous utility function is Cobb-Douglas. We also characterize the …
Persistent link: https://www.econbiz.de/10012156591
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Behavioral political economy : a survey
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
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Input versus output taxation in an experimental international economy
Riedl, Arno; Winden, Frans A. A. M. van - 2003
This paper is concerned with a policy oriented macroeconomic experiment involving an international economy with a relatively small home country and a large foreign country. It compares the economic performance of two alternative tax systems as a means to finance unemployment benefits: a...
Persistent link: https://www.econbiz.de/10011404622
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The double dividend of attention-releasing policies
Altmann, Steffen; Grunewald, Andreas; Radbruch, Jonas - 2024
We study the effects of two widely observed behavioral policy interventions⸻the simplification of complex decisions and the implementation of high-quality defaults. Based on a laboratory experiment featuring a dual-task paradigm, we demonstrate that these policies do not only improve decisions...
Persistent link: https://www.econbiz.de/10014517962
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Non-welfarist optimal taxation and behavioral public economics : presented at CESifo Venice Summer Institute, Workshop on Behavioral Public Economics, July 2004
Kanbur, Ravi; Pirttilä, Jukka; Tuomala, Matti - 2004
Research in behavioral economics has uncovered the widespread phenomenon of people making decisions against their own good intentions. In these situations, the government might want to intervene, indeed individuals might want the government to intervene, to induce behavior that is closer to what...
Persistent link: https://www.econbiz.de/10011451127