This paper investigates empirically whether decision makers are forward looking in dynamic strategic interactions. In … particular, we test whether decision makers in multi-stage tournaments take heterogeneity induced changes of continuation values … interactions does affect behavior in earlier stages, which provides support for the 'standard' view that decision makers are …

If choices depend on the decision maker's mood, is the attempt to derive any consistency in choice doomed? In this …

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 …

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 …

to a better understanding of the role of cognitive skills in decision making under uncertainty …

This paper investigates how Confucianism affects individual decision making in Taiwan and in China. We found that …

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 …