Showing 1 - 10 of 1,046
The standard theoretical solution to the observation of substantial turnout in large elections is that individuals receive utility from the act of voting. However, this leaves open the question of whether or not there is a significant margin on which individuals consider the effect of their vote...
Persistent link: https://www.econbiz.de/10003985297
; voluntary contribution mechanism ; incentives ; experiment …
Persistent link: https://www.econbiz.de/10009011596
experiment, we use a within- and across-subject design to identify the impact of brief, randomly-assigned economics lessons on … considerations moves behavior toward traditional economic rationality in UG, PD, and DG. Despite entering the study with higher …
Persistent link: https://www.econbiz.de/10011528153
The paper presents a new meta data set covering 13 experiments on the social learning games by Bikhchandani, Hirshleifer, and Welch (1992). The large amount of data makes it possible to estimate the empirically optimal action for a large variety of decision situations and ask about the economic...
Persistent link: https://www.econbiz.de/10003741924
-induced selection") and self-selection of participants into the experiment. We find that both types of selection lead to a sample of …
Persistent link: https://www.econbiz.de/10009233898
. Finally, IV also fails to estimate the reduced-form marginal effect of schooling on wages of those affected by the experiment …
Persistent link: https://www.econbiz.de/10003724129
Is there a rational component in the decision to commit suicide? Economists have been trying to shed light on this question by studying whether suicide rates are related to contemporaneous conditions. This paper goes one step further: we test whether suicides are linked to forward-looking...
Persistent link: https://www.econbiz.de/10010386011
In this paper we question the hypothesis of full rationality in the context of job changing behaviour, via simple … forces of job change are future real wages and expected job quality. Bounded rationality suggests that individuals will … and between cells. Under full rationality the following are to be expected: high inter-cell mobility, large dispersion …
Persistent link: https://www.econbiz.de/10003578901
Despite a significant expansion of the literature on conflicts and fragility of states, only a few systematic attempts have been made to link the theoretical literature on social conflicts to the available micro-level information about the people who are involved in these conflicts. We address...
Persistent link: https://www.econbiz.de/10003540035
Standard economic analysis assumes that people make choices that maximize their utility. Yet both popular discourse and other fields assume that people sometimes fail to make optimal choices and thus adversely affect their own happiness. Most social sciences thus frequently describe some...
Persistent link: https://www.econbiz.de/10009530682