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institutions compared to situations of individual decision-making. Intelligence, female gender, and the existence of siblings …
Persistent link: https://www.econbiz.de/10012997434
We present a framework that incorporates both moral motivations and fairness considerations into utility. The main idea is that individuals face a preference trade-off between their material individual interest and their desire to follow moral norms. In our model, we assume that moral motivation...
Persistent link: https://www.econbiz.de/10012858837
We show that temporally distancing the decision task from the payment of the reward increases honest behavior. Each of …
Persistent link: https://www.econbiz.de/10013083383
different institutional regimes – one with individual decision making, one with a double-auction market – we expose the …
Persistent link: https://www.econbiz.de/10013023776
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
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
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
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
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
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