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The phenomenon of non-transitivity in outcomes, typically observed in non-effort games with predetermined probabilities and immediate clarity, extends to teambased, time-consuming games requiring effort that unfold over a long period of time. This study explores this aspect through an empirical...
Persistent link: https://www.econbiz.de/10014529387
others. However, the same holds true for top managers. In this lab-in-the-field experiment we directly compare the scores of …
Persistent link: https://www.econbiz.de/10011378220
Comparative payment schemes and tournament-style promotion mechanisms are ubiquitous in the work place. We test experimentally whether they have a negative impact on the willingness to cooperate. Participants first perform in a simple task and then participate in a public goods game. The payment...
Persistent link: https://www.econbiz.de/10010225779
Almost two in 10 adults in the U.S. and Europe are, at any moment in time, diagnosed with a mental illness. This paper asks whether mental illness is over- (or under-) diagnosed, by looking at its causal effect on individuals at the margin of diagnosis. We follow all Swedish men born between...
Persistent link: https://www.econbiz.de/10012665941
Persistent link: https://www.econbiz.de/10010191090
We examine economic vulnerability to illness when, as for informal sector workers in Thailand, there is universal coverage for health care but earnings losses are uninsured. Even with comprehensive health care entitlement, severe illness that strikes an initially healthy worker is found to raise...
Persistent link: https://www.econbiz.de/10010532606
Little is known about perceptions of medical expenditure risks despite their presumed relevance to health insurance demand. This paper reports on a unique elicitation of subjective probabilities of medical expenditures from rural Ethiopians who are offered the opportunity to purchase health...
Persistent link: https://www.econbiz.de/10011376274
Risk may induce precautionary saving but it can also reduce saving. The theoretical literature recognizes both possibilities, but favors a positive effect (both for developed and developing countries); the empirical literature is divided, reporting (small) positive effects for developed...
Persistent link: https://www.econbiz.de/10011376643
This paper contributes to the productivity literature by using results from firm-level productivity studies to improve forecasts of macro-level productivity growth. The paper employs current research methods on estimating firm-level productivity to build times-series components that capture the...
Persistent link: https://www.econbiz.de/10011378362
development. We will focusupon three issues. First, how is the equilibrium rate of business ownershiprelated to the stage of … economic development? Second, what is the speed ofconvergence towards the equilibrium rate when the rate of business ownership … mechanisms that are vital for a sound economic development. …
Persistent link: https://www.econbiz.de/10011302609