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Variable search intensity in an economy with coordination unemployment
Kaas, Leo (contributor) - 2008
adverse labor market conditions. Unlike existing coordination-friction economies with fixed search intensity, the model can … are small and that search intensity is sufficiently procyclical. -- Matching function ; coordination frictions …
Persistent link: https://www.econbiz.de/10003755951
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Living in two neighborhoods : social interactions in the lab
Falk, Armin (contributor); Fischbacher, Urs (contributor);  … - 2004 - [Elektronische Ressource]
Field evidence suggests that people belonging to the same group often behave similarly, i.e., behaviour exhibits social interaction effects. We conduct an experiment that avoids the identification problem present in the field. Our novel design feature is that each subject simultaneously is a...
Persistent link: https://www.econbiz.de/10002482525
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Can endogenous group formation prevent coordination failure? : A theoretical and experimental investigation
Raab, Philippe (contributor) - 2005
This paper studies the effect of endogenous group formation on the outcome in two types of coordination games with … more groups within which they want to play the coordination game. In the theoretical part we show that a simple myopic best … reply dynamics under endogenous group formation leads to the payoff dominant outcome in both types of coordination games …
Persistent link: https://www.econbiz.de/10002881644
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'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
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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
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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
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Moody choice
Manzini, Paola; Mariotti, Marco - 2010
If choices depend on the decision maker's mood, is the attempt to derive any consistency in choice doomed? In this …
Persistent link: https://www.econbiz.de/10003976547
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Independent individual decision-makers in household models and the new home economics
Grossbard-Shechtman, Shoshana - 2010
individual models presented in his theory of marriage. Decision-making models assuming independent individual household members …Much of the recent literature in household economics has been critical of unitary models of household decision … discusses another alternative: independent individual models of decision-making that don't make any specific assumptions of …
Persistent link: https://www.econbiz.de/10008810537
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Economic consequences of mispredicting utility
Frey, Bruno S.; Stutzer, Alois - 2013
In a simple conceptual framework, we organize a multitude of phenomena related to the (mis)prediction of utility. Consequences in terms of distorted choices and lower wellbeing emerge if people have to trade-off between alternatives that are characterized by attributes satisfying extrinsic...
Persistent link: https://www.econbiz.de/10009753717
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Bargaining over babies : theory, evidence, and policy implications
Doepke, Matthias; Kindermann, Fabian - 2016
It takes a woman and a man to make a baby. This fact suggests that for a birth to take place, the parents should first agree on wanting a child. Using newly available data on fertility preferences and outcomes, we show that indeed, babies are likely to arrive only if both parents desire one, and...
Persistent link: https://www.econbiz.de/10011454419