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Institutionalizing eurozone exit : a modified NEWNEY approach
Huck, Steffen; Valasek, Justin Mattias - 2012
In this note, we argue that the Eurozone needs an institutional exit mechanism to enhance Eurozone stability, and … incentives for intra-Eurozone capital flight and maintaining Eurozone price stability. Our modifications eliminate moral hazard …Wir befürworten einen institutionellen Exit-Mechanismus für die Eurozone, nicht zuletzt um die Stabilität der Eurozone …
Persistent link: https://www.econbiz.de/10009683328
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Charitable giving and nonbinding contribution-level suggestions : evidence from a field experiment
Adena, Maja; Huck, Steffen; Rasul, Imran - 2013
When asking for donations, charitable organizations often use suggestions concerning the amount of potential contributions. However, the evidence concerning the effects of such suggestions is scarce and inconsistent. Unlike the majority of existing studies concerned with small-money...
Persistent link: https://www.econbiz.de/10009763123
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The impact of price frames on consumer decision making : experimental evidence
Baake, Pio; Huck, Steffen - 2013
We analyse a stylized model of the world grain market characterized by a small oligopoly of traders with market power on both the supply and demand side. Crops are stochastic and exporting countries can impose export tariffs to protect domestic food prices. Our first result is that export...
Persistent link: https://www.econbiz.de/10010230311
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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
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Motivated political reasoning: the formation of belief-value constellations
Barron, Kai; Becker, Anna; Huck, Steffen - 2021
We study the causal relationship between moral values ("ought" statements) and factual beliefs ("is" statements) and show that, contrary to predictions of orthodox Bayesian models, values exert an influence on beliefs. This effect is mediated by prior political leanings and, thus, contributes to...
Persistent link: https://www.econbiz.de/10012793076
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Testing consumer theory : evidence from a natural field experiment
Adena, Maja; Huck, Steffen; Rasul, Imran - 2017
We present evidence from a natural field experiment designed to shed light on whether individual behavior is consistent with a neoclassical model of utility maximization subject to budget constraints. We do this through the lens of a field experiment on charitable giving. We find that the...
Persistent link: https://www.econbiz.de/10011737357
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Testing consumer theory : evidence from a natural field experiment
Adena, Maja; Huck, Steffen; Rasul, Imran - 2017
We present evidence from a natural field experiment designed to shed light on whether individual behavior is consistent with a neoclassical model of utility maximization subject to budget constraints. We do this through the lens of a field experiment on charitable giving. We find that the...
Persistent link: https://www.econbiz.de/10011762797