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The economics of religion is a relatively new field of research in economics. This survey serves two purposes – it is …. Several factors have influenced the economics of religion: (1) new developments in theoretical models including spatial models … economics of religion to reflect upon in years to come …
Persistent link: https://www.econbiz.de/10013315536
We examine the role of financial aid in shaping the formation of human capital in economics. Specifically, we study the …
Persistent link: https://www.econbiz.de/10013226786
When policymakers and private agents use models, the economists who design the model have an incentive to alter it in order to influence outcomes in a fashion consistent with their own preferences. I discuss some consequences of the existence of such ideological bias. In particular, I analyze...
Persistent link: https://www.econbiz.de/10013088344
At the 2016 Academy of Management Conference, a group of distinguished compensation researchers held a panel discussion on the future of compensation research. Their remarks were compiled into an article published in this issue. Soon after the panel, Charles Fay commissioned a similar discussion...
Persistent link: https://www.econbiz.de/10012959048
In a Cournot-oligopoly with free but costly entry and business stealing, output per firm is too low and the number of competitors excessive, assuming labor productivity to depend on the number of employees only or to be constant. However, a firm can raise the productivity of its workforce by...
Persistent link: https://www.econbiz.de/10012868832
This paper provides an overview of the relationship between economics and religion. It first considers the effects of …
Persistent link: https://www.econbiz.de/10013144934
Much of the recent literature in household economics has been critical of unitary models of household decision … individual models presented in his theory of marriage. Decision-making models assuming independent individual household members …
Persistent link: https://www.econbiz.de/10013139037
In the past decades, behavioural economics has become an influential and important field of economics. Interest in … behavioural economics derives from unease with standard economic models that are based on restrictive assumptions, which confine … the nature of human motivation. Although Adam Smith, the founding father of modern economics, had highlighted the …
Persistent link: https://www.econbiz.de/10013051794
This review paper articulates the relationship between prediction market data and event studies, with a special focus on applications in political economy. Event studies have been used to address a variety of political economy questions ヨ from the economic effects of party control of...
Persistent link: https://www.econbiz.de/10013126921
Our research addresses fundamental long - standing concerns in the compensating wage differentials literature and its public policy implications: the econometric properties of estimates of the value of statistical life (VSL) and the wide range of such estimates from about $0.5 million to about...
Persistent link: https://www.econbiz.de/10013316766