Showing 1 - 10 of 107
A general framework is described specifying how boundedly rational decision makers generate their choices. Starting … decision routines (by applying New Problem Solver). Our admittedly bold attempt is loosely related to some stylized …
Persistent link: https://www.econbiz.de/10009781608
preferences. Among the behavioral patterns that allow for a clear-cut interpretation on the decision level, we find that roughly …
Persistent link: https://www.econbiz.de/10014556632
extent to which their subordinate bureaucrats have real decision-making power. We show that the lower is the level of …
Persistent link: https://www.econbiz.de/10010199719
to what a traditional rational optimizing agent would choose. This model is a first step to understand decision-making in …
Persistent link: https://www.econbiz.de/10010192076
While the significance of narrative thinking has been increasingly recognized by social scientists, very little empirical research has documented its consequences for economically significant outcomes. The current paper addresses this gap in one important domain: valuations. In three...
Persistent link: https://www.econbiz.de/10014384016
In this paper, we demonstrate how age-adjusted inequality measures can be used to evaluate whether changes in inequality over time are due to changes in the age structure. To this end, we use administrative data on earnings for every male Norwegian during 1967-2000. We find that the substantial...
Persistent link: https://www.econbiz.de/10008697505
Persistent link: https://www.econbiz.de/10003624542
Is unemployment the overwhelming determinant of domestic violence that many commentators expect it to be? The contribution of this paper is to examine, theoretically and empirically, how changes in unemployment affect the incidence of domestic abuse. The key theoretical prediction is that male...
Persistent link: https://www.econbiz.de/10009764966
This paper calls into question the currently most influential model of international trade. An empirical finding by Trefler (2004, AER) and others that industrial productivity increases more strongly in liberalized industries than in non-liberalized industries has been widely accepted as...
Persistent link: https://www.econbiz.de/10009786082
, considerably less is known about the causal impact of one spouse's retirement incentives on the retirement decision of the other …
Persistent link: https://www.econbiz.de/10009515735