Showing 1 - 10 of 2,253
This paper investigates the presence of explicit labour-saving heuristics within robotic patents. It analyses …
Persistent link: https://www.econbiz.de/10012171172
This paper analyzes 12,596 wagering decisions of 6,064 contestants in the US game show Jeopardy!, focusing on the 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...
Persistent link: https://www.econbiz.de/10011526727
We investigate whether short-term everyday stressors leads to unhealthier dietary choices among low socioeconomic status mothers. We propose a novel stress protocol that aims to mimic everyday stressors experienced by this population, involving time and financial pressure. We evaluate the impact...
Persistent link: https://www.econbiz.de/10012121803
power has become a policy priority. To fill this knowledge gap, this paper introduces a simple simulation method, the …
Persistent link: https://www.econbiz.de/10012418634
When making judgments, individuals often utilize heuristics to interpret information. We report on a series of …
Persistent link: https://www.econbiz.de/10003607729
cities. We dwell into concepts of bounded rationality to describe the cognitive biases and heuristics affecting decision … literature to urban theory, we can better understand how individuals make their decisions about moving to and living in cities …
Persistent link: https://www.econbiz.de/10011641466
paper is to describe the state-of-the-art in simulation and to demonstrate the benefits of linking both model types …
Persistent link: https://www.econbiz.de/10003759271
This paper develops a simulation estimation algorithm that is particularly useful for estimating dynamic panel data … important determinants of participation, while race is much less important. -- Initial conditions ; missing data ; simulation …
Persistent link: https://www.econbiz.de/10003824296
Most econometric models of intrahousehold behavior assume that household decision-making is efficient, i.e., utility realizations lie on the Pareto frontier. In this paper we investigate this claim by adding a number of participation constraints to the household allocation problem. Short-run...
Persistent link: https://www.econbiz.de/10003894480
simple simulation experiments. -- Dynamic discrete choice models ; initial conditions ; dynamic probit ; panel data …
Persistent link: https://www.econbiz.de/10003557347