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Influence of Freedom of Choice on Happiness

Koohborfardhaghighi, Somayeh; Summers, Christopher; … - 2022

The literature on happiness shows that there are many factors that influence a person s happiness. Extending previous studies, we investigate the role of the freedom of choice as a key contributing construct in influencing a person s happiness. We define two hypothetical sub-constructs for the...

Persistent link: https://www.econbiz.de/10014030761

Rational Addiction and Time Consistency : An Empirical Test

Piccoli, Luca - 2020

This paper deals with one of the main empirical problems associated with the rational addiction theory, namely that its …

Persistent link: https://www.econbiz.de/10012843165

The Influence of Hidden Researcher Decisions in Applied Microeconomics

Huntington-Klein, Nick - 2020

Researchers make hundreds of decisions about data collection, preparation, and analysis in their research. We use a many-analysts approach to measure the extent and impact of these decisions. Two published causal empirical results are replicated by seven replicators each. We find large...

Persistent link: https://www.econbiz.de/10012833890

Decision-Making by Children

Lundberg, Shelly; Romich, Jennifer L.; Tsang, Kwok Ping - 2021

In this paper, we examine the determinants of decision-making power by children and young adolescents. Moving beyond … of parental control of child behavior and child resistance. Using child reports of decision-making and psychological and … cognitive measures from the NLSY79 Child Supplement, we examine the determinants of shared and sole decision-making in seven …

Persistent link: https://www.econbiz.de/10013316882

Rational Inattention and Employer Learning

Habermalz, Steffen - 2010

learning model with the theory of rational inattention introduced by Sims (2006). In the model firms optimally allocate …

Persistent link: https://www.econbiz.de/10013135991

To See is to Believe : Common Expectations in Experimental Asset Markets

Cheung, Stephen L. - 2012

We challenge the recent claim that mispricing in the experimental asset markets introduced by Smith, Suchanek, and Williams (1988) is merely an artefact of confusion over declining fundamental value, and can be eliminated through appropriate training. We instead propose that when training is...

Persistent link: https://www.econbiz.de/10013099096

Rational Students and Resit Exams

Kooreman, Peter - 2012

Resit exams – extra opportunities to do an exam in the same academic year – are widely prevalent in European higher education, but uncommon in the US. I present a simple theoretical model to compare rational student behavior in the case of only one exam opportunity versus the case of two...

Persistent link: https://www.econbiz.de/10013099740

Rational Inattention and Migration Decisions

Bertoli, Simone - 2020

Acquiring information about destinations can be costly for migrants. We model information frictions in the rational inattention framework and obtain a closed-form expression for a migration gravity equation that we bring to the data. The model predicts that ows from countries with a higher cost...

Persistent link: https://www.econbiz.de/10012838467

Identity, Dignity and Taboos : Beliefs as Assets

Bénabou, Roland - 2007

We analyze social and economic phenomena involving beliefs which people value and invest in, for affective or functional reasons. Individuals are at times uncertain about their own quot;deep valuesquot; and infer them from their past choices, which then come to define quot;who they are.quot;...

Persistent link: https://www.econbiz.de/10012777600

Motivated Belief Updating and Rationalization of Information

Drobner, Christoph; Goerg, Sebastian J. - 2022

We study belief updating about relative performance in an ego-relevant task. Manipulating the perceived ego-relevance of the task, we show that subjects update their beliefs optimistically because they derive direct utility flows from holding positive beliefs. This finding provides a behavioral...

Persistent link: https://www.econbiz.de/10014242740