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Distribution of natural resources, entrepreneurship and economic development : growth dynamics with two elites

Falkinger, Josef (contributor); … - 2005

This paper develops a model in which the interaction of entrepreneurial investments and power of the owners of land or other natural resources determines structural change and economic development. A more equal distribution of natural resources promotes structural change and growth through two...

Persistent link: https://www.econbiz.de/10003225929

Evaluating alternative representations of the choice sets in models of labour supply

Aaberge, Rolf (contributor); Colombino, Ugo (contributor); … - 2006

During the last two decades, the discrete-choice modelling of labour supply decisions has become increasingly popular, starting with Aaberge et al. (1995) and van Soest (1995). Within the literature adopting this approach there are however two potentially important issues that are worthwhile...

Persistent link: https://www.econbiz.de/10003283433

Incentives and the allocation of effort over time : the joint role of affective and cognitive decision making

Goette, Lorenz (contributor); Huffman, David (contributor) - 2006

We use natural experiments plausibly exogenous, anticipated increases in the piece rate to study how effort responds to incentives. Our first finding, like some previous studies, lends little support to the view that incentives increase effort: raising the piece rate has zero effect on total...

Persistent link: https://www.econbiz.de/10003489059

'Arranged' marriage, co-residence and female schooling : a model with evidence from India

Dasgupta, Indraneel (contributor); … - 2008

We model the consequences of parental control over choice of wives for sons, for parental incentives to educate daughters, when the marriage market exhibits competitive dowry payments and altruistic but paternalistic parents benefit from having married sons live with them. By choosing uneducated...

Persistent link: https://www.econbiz.de/10003652711

Air pollution affects decision-making: evidence from the ballot box

Bellani, Luna; Ceolotto, Stefano; Elsner, Benjamin; … - 2021

Does poor air quality affect decision-making? We study this question based on elections, in which millions of people …

Persistent link: https://www.econbiz.de/10012620918

Intertemporal altruism

Anand Chopra, Felix; Eisenhauer, Philipp; Falk, Armin; … - 2021

Standard consumption utility is linked in time to a consumption event, whereas the timing of prosocial utility flows is ambiguous. Prosocial utility may depend on the actual utility consequences for others - it is consequence-dated - or it may be related to the act of giving and is thus...

Persistent link: https://www.econbiz.de/10012419311

Does decentralization of decisions increase the stability of large groups?

Bjedov, Tjaša; Lapointe, Simon; Madiès, Thierry; … - 2018

individuals have the option to separate, according to the degree of decentralization of decision-making. We show that increasing …

Persistent link: https://www.econbiz.de/10011803271

Risk attitudes and household migration decisions

Dustmann, Christian; Fasani, Francesco; Meng, Xin; … - 2017

migration is a household decision. We develop a simple model that implies that which member migrates depends on the distribution …

Persistent link: https://www.econbiz.de/10011625338

Bayesian versus heuristic-based choice under sleep restriction and suboptimal times of day

Dickinson, David L.; McElroy, Todd - 2017

This paper examines the impact of a commonly experienced adverse cognitive state on decision making under uncertainty …. Specifically, we administer an at-home sleep restriction protocol combined with random assignment to the time-of-day for decision … behavioral results are that sleepy subjects are more likely to make a Bayesian inaccurate decision and more likely to make …

Persistent link: https://www.econbiz.de/10011731913

Genetic ability, wealth, and financial decision-making

Barth, Daniel; Papageorge, Nicholas W.; Thom, Kevin - 2017

Recent advances in behavioral genetics have enabled the discovery of genetic scores linked to a variety of economic outcomes, including education. We build on this progress to demonstrate that the same genetic variants that predict educational attainment independently predict household wealth in...

Persistent link: https://www.econbiz.de/10011613150

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