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Marriage data show a strong degree of positive assortative mating along a variety of attributes. But since marriage is an equilibrium outcome, it is unclear whether positive sorting is the result of preferences rather than opportunities. We assess the relative importance of preferences and...
Persistent link: https://www.econbiz.de/10012756954
We introduce three variations of the Hirshleifer-Skaperdas conflict game to study experimentally the effects of post-conflict behavior and repeated interaction on the allocation of effort between production and appropriation. Without repeated interaction, destruction of resources by defeated...
Persistent link: https://www.econbiz.de/10013078824
This paper studies a partial-contracting model where an agent may provide effort to increase a project's scope before some later decisions have to be taken. Consistent with existing empirical evidence, we find a positive relationship between exogenous risk and delegation. That is, we show that...
Persistent link: https://www.econbiz.de/10013316757
This paper investigates the effects of managerial incentives on favoritism in promotion decisions. First, we theoretically show that favoritism leads to a lower quality of promotion decisions and in turn lower efforts. But the effect can be mitigated by pay-for-performance incentives for...
Persistent link: https://www.econbiz.de/10013128837
If choices depend on the decision maker's mood, is the attempt to derive any consistency in choice doomed? In this …
Persistent link: https://www.econbiz.de/10013133371
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 … jointness of decision-making in households. Unitary models are typically associated with Gary Becker even though most of Becker …
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
to a better understanding of the role of cognitive skills in decision making under uncertainty …
Persistent link: https://www.econbiz.de/10013085047
This paper investigates how Confucianism affects individual decision making in Taiwan and in China. We found that …
Persistent link: https://www.econbiz.de/10013073810
2001 to 2011. We focus on couples with a mature age husband, and estimate the interdependence of the participation decision … of the couple. We find that the decision of a wife to work or not influences positively, and in a causal fashion, the … decision of her husband to work or not. In our paper we use counterfactual analysis to estimate the impact of the increasing …
Persistent link: https://www.econbiz.de/10013076508