Narrow search
Showing 1 - 10 of 196
Cover Image
Rationalizable suicides : evidence from changes in inmates' expected length of sentence
Campaniello, Nadia; Diasakos, Theodoros; Mastrobuoni, … - 2014
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
Cover Image
Do we follow others when we should? : a simple test of rational expectations
Weizsäcker, Georg (contributor) - 2008
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
Cover Image
Testing bounded rationality against full rationality in job changing behavior
Contini, Bruno (contributor); Morini, Matteo (contributor) - 2007
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
Cover Image
Rationality as a barrier to peace : micro-evidence from Kosovo
Bhaumik, Sumon Kumar (contributor); Gang, Ira N. (contributor) - 2007
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
Cover Image
Rational choice and voter turnout : evidence from union representation elections
Farber, Henry S. - 2010
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
Cover Image
Equality, equity and incentives : an experiment
Balafoutas, Loukas; Kocher, Martin; Putterman, Louis G.; … - 2010
We devise a new experimental game by nesting a voluntary contributions mechanism in a broader spectrum of incentive schemes. With it, we study tensions between egalitarianism, equity concerns, self-interest, and the need for incentives. In a 2x2 design, subjects eithervote on or exogenously...
Persistent link: https://www.econbiz.de/10009011596
Cover Image
Suboptimal choices and the need for experienced individual well-being in economic analysis
Hsee, Christopher K.; Rottenstreich, Yuval; Stutzer, Alois - 2012
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
Cover Image
Are nurses more altruistic than real estate brokers?
Jacobsen, Karin; Eika, Kari H.; Helland, Leif; Lind, Jo … - 2011
We report results from a dictator game experiment with nurse students and real estate broker students as dictators, and Amnesty International as the recipient. Although brokers contributed substantial amounts, nurses contributed significantly more, on average 76 percent of their endowment. In a...
Persistent link: https://www.econbiz.de/10009307605
Cover Image
Chicken or checkin'? : rational learning in repeated chess games
Gerdes, Christer; Gränsmark, Patrik; Rosholm, Michael - 2011
We examine rational learning among expert chess players and how they update their beliefs in repeated games with the same opponent. We present a model that explains how equilibrium play is affected when players change their choice of strategy when receiving additional information from each...
Persistent link: https://www.econbiz.de/10009310763
Cover Image
Rational poverty or poor rationality? : the take-up of social assistance benefits
Riphahn, Regina T. - 2000
In several countries social assistance dependence has been increasing since the 1980s. After surveying the theoretical and empirical take-up literature, this study presents estimates of recent rates of non take-up of social assistance benefits. Once methodological shortcomings of prior...
Persistent link: https://www.econbiz.de/10011325995