Similar Search Results

Pure rank preferences and variation in risk-taking behavior

Stark, Oded; Budziński, Wiktor; Jakubek, Marcin - 2019

Assuming that an individual's rank in the wealth distribution is the only factor determining the individual's wellbeing, we analyze the individual's risk preferences in relation to gaining or losing rank, rather than the individual’s risk preferences towards gaining or losing absolute wealth....

Persistent link: https://www.econbiz.de/10012119128

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

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

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

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

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

Intrahousehold decision making and fertility

Doepke, Matthias; Kindermann, Fabian - 2014

The economic theory of fertility choice builds predominantly on the unitary model of the household, in which there is a …

Persistent link: https://www.econbiz.de/10010458481

The dynamics of inattention in the (baseball) field

Archsmith, James; Heyes, Anthony; Neidell, Matthew; … - 2021

Recent theoretical and empirical work characterizes attention as a limited resource that decision-makers strategically … performance later. In this paper, we exploit high-frequency data on decision-making by Major League Baseball umpires to examine …

Persistent link: https://www.econbiz.de/10012549756

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

1
2
3
4
5
6
7
8
9
10
Next
Last