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Extending Becker's Time Allocation Theory to Model Continuous Time Blocks : Evidence from Daylight Saving Time
Wolff, Hendrik - 2012
of Becker's theory to model preferences over continuous time blocks. To examine whether the predictions of the model are …
Persistent link: https://www.econbiz.de/10013099783
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Interpreting Time Horizon Effects in Inter-Temporal Choice
Dohmen, Thomas J. - 2012
We compare different designs that have been used to test for an impact of time horizon on discounting, using real incentives and two representative data sets. With the most commonly used type of design we replicate the typical finding of declining (hyperbolic) discounting, but with other designs...
Persistent link: https://www.econbiz.de/10013109435
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Back to Edgeworth? Estimating the Value of Time Using Hedonic Experiences
Krekel, Christian; MacKerron, George - 2023
Following early economist Francis Y. Edgeworth's proposal to measure people's hedonic experiences as they go about their daily lives, we use a smartphone app that over eight years randomly asked a panel of 30, 936 UK residents (N = 2, 235, 733) about their momentary feelings and activities to...
Persistent link: https://www.econbiz.de/10014346670
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The Timing of Instruction Time : Accumulated Hours, Timing and Pupil Achievement
Bingley, Paul - 2018
Instruction time varies among schools, subjects, pupils and grades. This variation is positively associated with test scores and has been used to identify modest positive causal effects for instruction hours in certain grades. We exploit administrative data on delivered and timetabled...
Persistent link: https://www.econbiz.de/10012910754
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Independent Individual Decision-Makers in Household Models and the New Home Economics
Grossbard, Shoshana Amyra - 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/10013139037
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Is It Money or Brains? The Determinants of Intra-Family Decision Power
Bertocchi, Graziella - 2012
We empirically study the determinants of intra-household decision power with respect to economic and financial choices …'s characteristics in terms of age, education, and income. The main conclusion is that decision-making power over family economics is not …
Persistent link: https://www.econbiz.de/10013104671
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Evaluating Alternative Representations of the Choice Sets in Models of Labour Supply
Aaberge, Rolf - 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/10012780622
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Genetic Ability, Wealth, and Financial Decision-Making
Barth, Daniel - 2017
Recent advances in behavioral genetics have enabled the discovery of genetic scores linked to a variety of economic outcomes, including education. We build on this progress to demonstrate that the same genetic variants that predict educational attainment independently predict household wealth in...
Persistent link: https://www.econbiz.de/10012962275
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Testing the Advantages of Conscious vs. Unconscious Thought for Complex Decisions in a Distraction Free Paradigm
McElroy, Todd - 2016
In this study we test predictions from Unconscious Thought Theory (UTT) that unconscious thought will lead to better … 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/10012979447
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When Experienced and Decision Utility Concur : The Case of Income Comparisons
Clark, Andrew - 2015
these two sets of results. This kind of validation of experienced utility via direct comparison with decision utility …
Persistent link: https://www.econbiz.de/10013016299