Showing 1 - 10 of 1,510
Rankings are prevalent information and incentive tools in labor markets with strong competition for talent. In a dynamic model of multi-tasking and an accompanying experiment with financial professionals, we identify hidden ranking costs when performance in one task is incentivized and ranked...
Persistent link: https://www.econbiz.de/10012831230
We propose a Bayesian factor analysis model to rank the health of localities. Mortality and morbidity variables …
Persistent link: https://www.econbiz.de/10013074830
This paper is concerned with the problem of ranking Lorenz curves in situations where the Lorenz curves intersect and no unambiguous ranking can be attained without introducing weaker ranking criteria than first-degree Lorenz dominance. To deal with such situations Aaberge (2009) introduced two...
Persistent link: https://www.econbiz.de/10013147546
This paper is concerned with the problem of ranking Lorenz curves in situations where the Lorenz curves intersect and no unambiguous ranking can be attained without introducing weaker ranking criteria than first-degree Lorenz dominance. To deal with such situations two alternative sequences of...
Persistent link: https://www.econbiz.de/10013324763
rather than another.In this paper, we develop a theory for ranking distribution functions. Our theory offers a general … distribution theory for empirical dominance criteria where it is demonstrated that the associated empirical processes converge in …
Persistent link: https://www.econbiz.de/10013061933
preregistered study that administered an incentivized Bayesian choice task to n=465 participants (self-reported gamblers and non …-gamblers). Our data failed to support our main hypotheses that experienced online gamblers would be more accurate Bayesian decision …. Specifically, more frequent online gamblers had lower Bayesian accuracy than infrequent gamblers. Also, those scoring higher in a …
Persistent link: https://www.econbiz.de/10014346673
administration of a Bayesian choice task. The specific task used discriminates between Bayesian choices that coincide with more … behavioral results are that sleepy subjects are more likely to make a Bayesian inaccurate decision and more likely to make …
Persistent link: https://www.econbiz.de/10012947720
This paper develops and applies a Bayesian approach to Exploratory Factor Analysis that improves on ad hoc classical … applied and integrated into our Bayesian procedure to generate models that are stable and clearly interpretable. A Monte Carlo …
Persistent link: https://www.econbiz.de/10013049750
of stocks and shares. To be specific, we develop a Bayesian statistical framework to simultaneously explore both sides of …
Persistent link: https://www.econbiz.de/10013051017
Bayesian Updating is the dominant theory of learning in economics. The theory is silent about how individuals react to … analyze the unknown. In particular, we test if subjects update their beliefs in a way that is consistent "reverse Bayesian … less from the reverse Bayesian updating than from the usual Bayesian updating. We provide further evidence on the …
Persistent link: https://www.econbiz.de/10013315077