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Biased probability judgment : evidence of incidence and relationship to economic outcomes from a representative sample

Dohmen, Thomas; Falk, Armin; Huffman, David; Marklein, Felix - 2009

Many economic decisions involve a substantial amount of uncertainty, and therefore crucially depend on how individuals process probabilistic information. In this paper, we investigate the capability for probability judgment in a representative sample of the German population. Our results show...

Persistent link: https://www.econbiz.de/10003845575

The intergenerational transmission of risk and trust attitudes

Dohmen, Thomas; Falk, Armin; Huffman, David; Sunde, Uwe - 2006

We investigate whether two crucial determinants of economic decision making willingness to take risks and willingness to trust other people are transmitted from parents to children. Our evidence is based on survey questions that ask about these attitudes directly, and are good measures in the...

Persistent link: https://www.econbiz.de/10003481849

The effect of worker representation on employment behavior in Germany : another case of -2.5%

Addison, John T. (contributor); … - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10002115406

Seemingly irrelevant events affect economic perceptions and expectations : the FIFA World Cup 2006 as a natural experiment

Dohmen, Thomas; Falk, Armin; Huffman, David; Sunde, Uwe - 2006

"Prominent economic theories have emphasized the role of commonly held perceptions and expectations for determining macroeconomic outcomes. A key empirical question is how such collectively held beliefs are formed. We use the FIFA World Cup 2006 as a natural experiment. We provide direct...

Persistent link: https://www.econbiz.de/10003359287

Homo reciprocans : survey evidence on prevalence, behavior and success

Dohmen, Thomas; Falk, Armin; Huffman, David; Sunde, Uwe - 2006

Experimental evidence has convincingly shown the existence of reciprocal inclinations, i.e., a tendency for people to respond in-kind to hostile or kind actions. Little is known, however, about: (i) the prevalence of reciprocity in the population, (ii) individual determinants of reciprocity,...

Persistent link: https://www.econbiz.de/10003348535

The extent of collective bargaining and workplace representation : transitions between states and their determinants ; a comparative analysis of Germany and Great Britain

Addison, John T.; Bryson, Alex; Teixeira, Paulino; … - 2009

Industrial relations are in flux in many nations, perhaps most notably in Germany and the Britain. That said … representation in Germany and still less in both countries about firm transitions between these institutions over time. The present … and the erosion of sectoral bargaining in Germany, and identify the respective roles of behavioral and compositional …

Persistent link: https://www.econbiz.de/10003904912

Slip sliding away : further union decline in Germany and Britain

Addison, John T.; Bryson, Alex; Teixeira, Paulino; … - 2010

changes in collective bargaining and worker representation in the private sector in Germany and Britain over the period 1998 …, the decline in collective bargaining is more pronounced in Britain than in Germany, thus continuing a trend apparent since …

Persistent link: https://www.econbiz.de/10003940346

Are risk aversion and impatience related to cognitive ability?

Dohmen, Thomas; Falk, Armin; Huffman, David; Sunde, Uwe - 2007

Is the way that people make risky choices, or tradeoffs over time, related to cognitive ability? This paper investigates whether there is a link between cognitive ability, risk aversion, and impatience, using a representative sample of the population and incentive compatible measures. We conduct...

Persistent link: https://www.econbiz.de/10003580796

Did the Hartz reforms speed-up job creation? : A macro-evaluation using empirical matching functions

Fahr, René (contributor); Sunde, Uwe (contributor) - 2006

Starting in January 2003, Germany implemented the first two so-called Hartz reforms, followed by the third and fourth …

Persistent link: https://www.econbiz.de/10003502681

Works councils and the anatomy of wages

Addison, John T. (contributor); … - 2006

This paper provides the first full examination of the effect of German works councils on wages using matched employer-employee data (specifically, the LIAB for 2001). We find that works councils are associated with higher earnings. The wage premium is around 11 percent (and is higher under...

Persistent link: https://www.econbiz.de/10003502719