Similar Search Results

Janssen, Maarten C. W.; Parakhonyak, Alexei - 2008

This paper builds a consumer search model where the cost of going back to stores already searched is explicitly taken into account. We show that the optimal search rule under costly recall is very different from the optimal search rule under perfect recall. Under costly recall, the optimal...

Persistent link: https://www.econbiz.de/10011373816

A Search Cost Model of Obfuscation

Ellison, Glenn - 2009

This paper develops search-theoretic models in which it is individually rational for firms to engage in obfuscation. It considers oligopoly competition between firms selling a homogeneous good to a population of rational consumers who incur search costs to learn each firm's price. Search costs...

Persistent link: https://www.econbiz.de/10012463412

Solving discrete zero point problems

Laan, Gerard van der; Talman, Dolf; Yang, Zaifu - 2004

Persistent link: https://www.econbiz.de/10011337990

Solving discrete zero point problems with vector labeling

Laan, Gerard van der; Talman, Dolf; Yang, Zaifu - 2005

In this paper we present two general results on the existence of a discrete zero point of a function from the n-dimensional integer lattice Zn to the n-dimensional Euclidean space Rn. Under two different boundary conditions, we give a constructive proof using a combinatorial argument based on a...

Persistent link: https://www.econbiz.de/10011346458

Damming trans-boundary rivers : a welfare analysis of conflict and cooperation

Zeng, Yuyu; Houba, Harold; Dinar, Ariel; Marence, Miroslav - 2016

Dams are essential for water storage and hydropower generation, but change river flow patterns and endanger local environments. Dam projects may further exacerbate already existing problems in trans-boundary rivers. We consider three scenarios of institutional factors: (1) each country pursues...

Persistent link: https://www.econbiz.de/10011556226

A dynamic model of investor decision-making : how adaptation to losses affects future selling decisions

Lee, Carmen; Kräussl, Roman; Lucas, André; Paas, … - 2008

We conduct an experiment to test whether the size of a loss and the time in a losing position affect investors’ adaptation to the loss situation and, subsequently, whether this adaptation affects future investment decisions. As investors adapt to losses, their neutral reference point shifts...

Persistent link: https://www.econbiz.de/10011377365

Looming Large or Seeming Small? Attitudes Towards Losses in a Representative Sample

Chapman, Jonathan; Snowberg, Erik; Wang, Stephanie; … - National Bureau of Economic Research - 2022

We measure individual-level loss aversion using three incentivized, representative surveys of the U.S. population (combined N=3,000). We find that around 50% of the U.S. population is loss tolerant, with many participants accepting negative-expected-value gambles. This is counter to earlier...

Persistent link: https://www.econbiz.de/10013334460

Do Double Majors Face Less Risk? : An Analysis of Human Capital Diversification

Hanks, Andrew S.; Jiang, Shengjun; Qian, Xuechao; Wang, Bo - National Bureau of Economic Research - 2024

We study how human capital diversification, in the form of double majoring, affects the response of earnings to labor market shocks. Double majors experience substantial protection against earnings shocks, of 56%. This finding holds across different model specifications and data sets....

Persistent link: https://www.econbiz.de/10014468295

Does Environmental Policy Uncertainty Hinder Investments Towards a Low-Carbon Economy?

Noailly, Joëlle; Nowzohour, Laura; Heuvel, Matthias van den - National Bureau of Economic Research - 2022

uncertainty (EnvPU) available on a monthly basis over the 1990-2019 period. We find that our EnvPU index spikes during the …-and-trade climate bill and during the Trump presidency. We examine how elevated levels of environmental policy uncertainty relate to … energy exchange-traded fund. Overall, our results are consistent with the notion that policy uncertainty has adverse effects …

Persistent link: https://www.econbiz.de/10013362015

Nonparametric estimation of the costs of non-sequential search

Moraga-González, José Luis; Sándor, Zsolt; … - 2007

Persistent link: https://www.econbiz.de/10003645046

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