Showing 1 - 10 of 108
Positive and negative feelings were central to the development of economics, especially in utility theory in classical economics. While neoclassical utility theory ignored feelings, behavioral economics more recently reintroduced feelings in utility theory. Beyond feelings, economic theorists...
Persistent link: https://www.econbiz.de/10011543809
decision making in complex decision tasks relative to conscious thought. Different from prior work testing this prediction, we … processing in complex decision making. …
Persistent link: https://www.econbiz.de/10011580853
Climate change has stimulated growing interest in the influence of temperature on cognition, mood and decision making …
Persistent link: https://www.econbiz.de/10012179342
have to be made. The decision-making process can be vulnerable to environmental stressors. Summarizing the growing economic … and epidemiologic evidence linking air pollution, cognition performance and real-world decision making, we first …, and educational attainment. We further extend to a review of real-world decision making that has been found to be affected …
Persistent link: https://www.econbiz.de/10011946797
incentivized decision task involves Bayesian assessments where participants may use existing (base rate) as well as new information … diet improved decision making relative to those who reported following No Diet. Our data fail to support these hypotheses …. In fact, we found some evidence that adherence to a No Sugar Diet predicted a reduced decision accuracy and was connected …
Persistent link: https://www.econbiz.de/10012430659
This paper uses a German employer-employee matched panel data set to investigate the effect of organizational and technological changes on gross job and worker flows. The empirical results indicate that organizational change is skill-biased because it reduces predominantly net employment growth...
Persistent link: https://www.econbiz.de/10011412907
Using nationally representative surveys of workplaces with 50 or more employees we find the adoption of High-Performance Work Systems (HPWS) in the public sector are positively correlated with workplace financial performance and the implementation of workplace organizational change. The...
Persistent link: https://www.econbiz.de/10012059437
This article compares and contrasts male immigrant labor market experiences in Sweden and Denmark during the period 1985 - 1995. Using register-based panel data sets from Sweden and Denmark, a picture of the employment assimilation process of immigrants from Norway, Poland, Turkey, and Iran is...
Persistent link: https://www.econbiz.de/10011391764
I analyze the interplay between culture and economic incentives in decision-making. To this end, I study birth timing …
Persistent link: https://www.econbiz.de/10011543957
anchoring phenomenon in financial decision-making. We find that contestants anchor heavily on the initial dollar value of a clue … in their wagering decision, even though there exists no rational reason to do so. More than half of all wagers occur … manifests itself among college students. Overall, our findings suggest anchoring plays a substantial role in financial decision …
Persistent link: https://www.econbiz.de/10011526727