Studies in psychology have long argued the possibility that sibling structure, such as birth order and the gender of siblings, shapes one's feminine and masculine personality traits, such as a preference for competition. In light of recent developments in the economics literature on the gender...

Recent studies report that productivity increases under tournament reward structures than under piece rate reward structures. We conduct maze-solving experiments under both reward structures and reveal that overconfidence is a significant factor in increasing productivity. Specifically, subjects...

Recent studies report that productivity increases under tournament reward structures than under piece rate reward structures. We conduct maze-solving experiments under both reward structures and reveal that overconfidence is a significant factor in increasing productivity. Specifically, subjects...

Studies in psychology have long argued the possibility that sibling structure, such as birth order and the gender of siblings, shapes onefs feminine and masculine personality traits, such as a preference for competition. In light of recent developments in the economics literature on the gender...

Studies in psychology have long argued the possibility that sibling structure, such as birth order and the gender of siblings, shapes one’s feminine and masculine personality traits, such as a preference for competition. In light of recent developments in the economics literature on the gender...

Recent studies report that productivity increases under tournament reward structures than under piece rate reward structures. We conduct maze-solving experiments under both reward structures and reveal that overconfidence is a significant factor in increasing productivity. Specifically, subjects...

We examine generational differences in risk-taking behavior by means of a laboratory experiment with monetary incentives. We estimate the parameterized models in the framework of cumulative prospect theory and examine the risk aversion, probability weightings and reference point adoption of...

We examine generational differences in risk-taking behavior by means of a laboratory experiment with monetary incentives. We estimate the parameterized models in the framework of cumulative prospect theory and examine the risk aversion, probability weightings and reference point adoption of...

The goal of this paper is to detect the degree to which court decisions control the stringency of employment protection and to investigate how such judicial discretion affects labor market performance. However, identification difficulty arises because court decisions are volatile against...

Despite its significant influence on the actual enforcement of the law, the economic cost of court discretion has been ignored in the literature on employment protection. This paper exploits a distinctive feature of the Japanese judicial system, periodic judge transfers, to identify court...