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Preference dynamics: A procedurally rational model of time and effort allocation
Krecik, Markus - 2024
Current time allocation and household production models face three major weaknesses: First, they only describe the average time allocation. Thus, information about the order of activities is lost. Therefore, it is impossible to describe the influence of activities on later ones. Such...
Persistent link: https://www.econbiz.de/10014483894
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Do funds for more teachers improve student outcomes?
Borgen, Nicolai T.; Kirkebøen, Lars J.; Kotsadam, Andreas - 2022
We investigate the effects of a large-scale Norwegian reform that provided extra teachers to 166 lower secondary schools with relatively high student-teacher ratios and low average grades. We exploit these two margins using a regression discontinuity setup and find that the reform reduced the...
Persistent link: https://www.econbiz.de/10013480203
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Tougher educational exam leading to worse selection
de Carvalho Andrade, Eduardo; De Castro, Luciano I. - 2011
A parallel of education with transformative processes in standard markets suggest that a more severe control of the quality of the output will improve the overall quality of the education. This paper shows a somehow counterintuitive result: an increase in the exam difficulty may reduce the...
Persistent link: https://www.econbiz.de/10010282876
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Top of the class: The importance of ordinal rank
Murphy, Richard; Weinhardt, Felix - 2019
This paper establishes a new fact about educational production: ordinal academic rank during primary school has lasting impacts on secondary school achievement that are independent of underlying ability. Using data on the universe of English school students, we exploit naturally occurring...
Persistent link: https://www.econbiz.de/10012141900
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Anticipations and endogenous present bias
Galperti, Simone; Strulovici, Bruno - 2015
Persistent link: https://www.econbiz.de/10011545317
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Patience and comparative development
Sunde, Uwe; Dohmen, Thomas; Enke, Benjamin; Falk, Armin; … - 2022
This paper studies the relationship between patience and comparative development through a combination of reduced-form analyses and model estimations. Based on a globally representative dataset on time preference in 76 countries, we document two sets of stylized facts. First, patience is...
Persistent link: https://www.econbiz.de/10013197532
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Impatience Among Preschool Children and Their Mothers
Kosse, Fabian; Pfeiffer, Friedhelm - 2012
Using experimental data of children and their mothers, this paper explores the intergenerational relationship of impatience. The child’s impatience stems from a delay of gratification experiment. Mother’s impatience has been assessed by a choice task where the mothers faced trade-offs...
Persistent link: https://www.econbiz.de/10014173530
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The Efficacy of Tournaments for Non-Routine Team Tasks
Englmaier, Florian; Grimm, Stefan; Grothe, Dominik; … - 2023
Tournaments are often used to improve performance in innovation contexts. Tournaments provide monetary incentives but also render teams' identity and image concerns salient. We study the effects of tournaments on team performance in a non-routine task and identify the importance of these...
Persistent link: https://www.econbiz.de/10014467858
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Socio-economic status and inequalities in children's IQ and economic preferences
Falk, Armin; Kosse, Fabian; Dovern-Pinger, Pia Rosina; … - 2019
This paper explores inequalities in IQ and economic preferences between children from high and low socio … investments as well as maternal IQ and economic preferences influence a child's IQ and preferences. Within this framework, we … SES gaps in economic preferences and, to a lesser extent, IQ. In light of the importance of IQ and preferences for …
Persistent link: https://www.econbiz.de/10012141872
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Cognitive Abilities and Behavioral Biases
Oechssler, Jörg; Roider, Andreas; Schmitz, Patrick W. - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2008
We use a simple, three-item test for cognitive abilities to investigate whether established behavioral biases that play a prominent role in behavioral economics and finance are related to cognitive abilities...
Persistent link: https://www.econbiz.de/10005859698