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Gandhi, Ashvin; Giuliano, Paola; Guan, Eric; Keefer, … - 2024

surprise, and flow theory from psychology. We then leverage our estimated model and an evolutionary algorithm to find the …

Persistent link: https://www.econbiz.de/10014502890

The meritocratic illusion : inequality and the cognitive basis of redistribution

Blouin, Arthur; Mani, Anandi; Mukand, Sharun W.; Sgroi, … - 2024

Can inequality in rewards result in an erosion in broad-based support for meritocratic norms? We hypothesize that unequal rewards between the successful and the rest, drives a cognitive gap in their meritocratic beliefs, and hence their social preferences for redistribution. Two separate...

Persistent link: https://www.econbiz.de/10014637340

Adaptive maximization of social welfare

Cesa-Bianchi, Nicolò; Colomboni, Roberto; Kasy, Maximilian - 2024

We consider the problem of repeatedly choosing policies to maximize social welfare. Welfare is a weighted sum of private utility and public revenue. Earlier outcomes inform later policies. Utility is not observed, but indirectly inferred. Response functions are learned through experimentation....

Persistent link: https://www.econbiz.de/10014637490

Specific egalitarianism? : inequality aversion across domains

Costa-Font, Joan; Cowell, Frank A. - 2024

present evidence suggesting that the distribution and comparison of IA vary depending on the elicitation method employed. …

Persistent link: https://www.econbiz.de/10014637492

Intangible investment and technical efficiency : the case of software-intensive manufacturing firms in Turkey

Findik, Derya; Tansel, Aysıt - 2015

This chapter analyzes the effect of intangible investment on firm efficiency with an emphasis on its software component … technical efficiency in the software intensive manufacturing firms in Turkey for the period 2003-2007. Firms are classified … differentials in their firm efficiency. The results show that the effect of software investment on firm efficiency is larger in high …

Persistent link: https://www.econbiz.de/10011309152

The relationship between health and schooling : what's new?

Grossman, Michael - 2015

Many studies suggest that years of formal schooling completed is the most important correlate of good health. There is much less consensus as to whether this correlation reflects causality from more schooling to better health. The relationship may be traced in part to reverse causality and may...

Persistent link: https://www.econbiz.de/10011346590

Efficiency and labor market dynamics in a model of labor selection

Chugh, Sanjay K.; Merkl, Christian - 2015

This paper characterizes efficient labor-market allocations in a labor selection model. The model's crucial aspect is cross-sectional heterogeneity for new job contacts, which leads to an endogenous selection threshold for new hires. With cross-sectional dispersion calibrated to microeconomic...

Persistent link: https://www.econbiz.de/10011317662

When does FDI have positive spillovers? : evidence from 17 transition market economies

Gorodnichenko, Yuriy; Švejnar, Jan; Terrell, Katherine D. - 2013

and existing hypotheses about the impact of foreign direct investment (FDI) on the efficiency of domestic firms in the …

Persistent link: https://www.econbiz.de/10010227718

In "trusts" we trust : socially motivated private schools in Nepal

Pal, Sarmistha; Saha, Bibhas - 2014

We study school choice and school efficiency in terms of secondary school completion test scores by utilizing a unique …'s expenditure as a determinant of its efficiency per unit of cost. We find that when expenditure is not included, the trust …

Persistent link: https://www.econbiz.de/10010370097

Efficiency-morality trade-offs in repugnant transactions : a choice experiment

Elías, Julio; Lacetera, Nicola; Macis, Mario - 2016

Societies prohibit many transactions considered morally repugnant, although potentially efficiency-enhancing. We … conducted an online choice experiment to characterize preferences for the morality and efficiency of payments to kidney donors …

Persistent link: https://www.econbiz.de/10011531908