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Long-Term Health Effects of Vietnam-Era Military Service : A Quasi-Experiment Using Australian Conscription Lotteries

Johnston, David W. - 2015

This paper estimates the long-term health effects of Vietnam-Era military service using Australia's National conscription lotteries for identification. Our primary contribution is the quality and breadth of our health outcomes. We use several administrative sources, containing a near-universe of...

Persistent link: https://www.econbiz.de/10013027747

Do Inventors Talk to Strangers? On Proximity and Collaborative Knowledge Creation

Crescenzi, Riccardo - 2013

This paper investigates how physical, organisational, institutional, cognitive, social, and ethnic proximities between inventors shape their collaboration decisions. Using a new panel of UK inventors and a novel identification strategy, this paper systematically explores the net effects of all...

Persistent link: https://www.econbiz.de/10013071741

Career Lotto : Labor Supply in Winner-Take-All Markets

Grove, Wayne A. - 2019

Are people prone to selecting occupations with highly skewed income distributions despite minuscule chances of success? Assembling a comprehensive pool of potential teenage entrants into professional tennis (a typical winner-take-all market), we construct objective measures of relative ability...

Persistent link: https://www.econbiz.de/10012894561

Buying Lottery Tickets for Foreign Workers : Search Cost Externalities Induced by H-1b Policy

Sharma, Rishi; Sparber, Chad - 2021

The H-1B program allows firms in the United States to temporarily hire high-skilled foreign citizens. H-1B workers are highly concentrated among a small number of firms. We develop a theoretical model demonstrating that this phenomenon is an artifact of policy design: When the government...

Persistent link: https://www.econbiz.de/10013314927

Gambling Habits and Probability Judgements in a Bayesian Task Environment

Dickinson, David L.; Reid, Parker - 2023

information sources. Exploratory analysis, however, revealed interesting effects related to self-reported gambling frequency …-reported gambling frequency was stronger for females. Decision modeling found a decreased weight placed on new evidence (over base rate … frequency of gambling to worse performance in the critical probability assessment skills that should benefit gambling success (i …

Persistent link: https://www.econbiz.de/10014346673

Untimely Destruction : Pestilence, War and Accumulation in the Long Run

Bell, Clive - 2019

This paper analyses the effects of disease and war on the accumulation of human and physical capital. We employ an … stationary war losses and premature adult mortality. If parents are altruistic and their sub-utility function for own consumption …

Persistent link: https://www.econbiz.de/10012861271

Migrant Inventors and the Technological Advantage of Nations

Bahar, Dany - 2020

We investigate the relationship between the presence of migrant inventors and the dynamics of innovation in the …

Persistent link: https://www.econbiz.de/10012848978

Explaining the Favorite-Longshot Bias : Is it Risk-Love or Misperceptions?

Snowberg, Erik C. - 2011

misperceptions of probability drive the favorite-longshot bias, as suggested by Prospect Theory …

Persistent link: https://www.econbiz.de/10013133624

Lotteries vs. All-Pay Auctions in Fair and Biased Contests

Epstein, Gil S. - 2012

The form of contests for a single fixed prize can be determined by a designer who maximizes the contestants' efforts. This paper establishes that, under common knowledge of the two asymmetric contestants' prize valuations, a fair Tullock-type endogenously determined lottery is always superior to...

Persistent link: https://www.econbiz.de/10013096475

Why Do People Pay for Useless Advice? Implications of Gambler's and Hot-Hand Fallacies in False-Expert Setting

Powdthavee, Nattavudh - 2012

We investigated experimentally whether people can be induced to believe in a non-existent expert, and subsequently pay for what can only be described as transparently useless advice about future chance events. Consistent with the theoretical predictions made by Rabin (2002) and Rabin and Vayanos...

Persistent link: https://www.econbiz.de/10013106012

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