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Procurement design with loss averse bidders

Fugger, Nicolas; Gillen, Philippe; Riehm, Tobias - 2019

We show that it is beneficial for a buyer to conduct a multi-stage mechanism if bidders are loss averse. In a first step, we derive a revenue equivalence principle. Fixing the multi-stage structure, the revenue is independent of the chosen payment rule. Secondly, we introduce a simple two-stage...

Persistent link: https://www.econbiz.de/10012146346

What are the priorities of bureaucrats? : evidence from conjoint experiments with procurement officials

Tukiainen, Janne; Blesse, Sebastian; Bohne, Albrecht; … - 2021 - This version: March 25, 2021

-making is still largely seen as a black box. We provide novel insights into the preferences of bureaucrats regarding their work …

Persistent link: https://www.econbiz.de/10012492856

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/10014480143

A note on empathy in games

Grohn, Jan; Huck, Steffen; Valasek, Justin Mattias - 2014

In this note we shall discuss a concept that - despite its prominence in both Hume (1739) and Smith (1759), its obvious relevance for social behavior, and its not so infrequent use in colloquial language - has never gained a foothold in economic theory: the concept of empathy. Specifically, we...

Persistent link: https://www.econbiz.de/10010233986

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

Top of the class : the importance of ordinal rank

Murphy, Richard; Weinhardt, Felix - 2019 - This version: June 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/10012118593

Patience and comparative development

Sunde, Uwe; Dohmen, Thomas; Enke, Benjamin; Falk, Armin; … - 2021

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/10013189598

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

Preferred field of study and academic performance

Berlingieri, Francesco; Diegmann, André; Sprietsma, Maresa - 2022

This paper investigates the impact of studying the first-choice university subject on dropout and switching field of study for a cohort of students in Germany. Using detailed survey data, and employing an instrumental variable strategy based on variation in the local field of study availability,...

Persistent link: https://www.econbiz.de/10013266282

Personality traits and cognitive ability in political selection

Jokela, Markus; Meriläinen, Jaakko; Tukiainen, Janne; … - 2023

We present the first comprehensive evidence on the role of cognitive ability and personality traits in the selection of … office-eligible population in both intelligence and personality tests that capture three dimensions of cognitive and seven … also assess the relative importance of cognitive abilities and personality traits, present evidence of no trade …

Persistent link: https://www.econbiz.de/10014551647

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