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On the common claim that happiness equations demonstrate diminishing marginal utility of income
Oswald, Andrew J. - 2005
It is commonly claimed in the recent happiness literature in psychology and economics that we have proved diminishing marginal utility of income. This paper suggests that we have not. It draws a distinction between concavity of the utility function and concavity of the reporting function.
Persistent link: https://www.econbiz.de/10010267321
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On the curvature of the reporting function from objective reality to subjective feelings
Oswald, Andrew J. - 2008
I suggest the idea of a reporting function, r(.), from reality to feelings. The 'happiness' literature claims we have demonstrated diminishing marginal utility of income. I show not, and that knowing r(.)'s curvature is crucial. A quasi-experiment on heights is studied.
Persistent link: https://www.econbiz.de/10010268613
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On the Curvature of the Reporting Function from Objective Reality to Subjective Feelings
Oswald, Andrew J. - Institute for the Study of Labor (IZA) - 2008
I suggest the idea of a reporting function, r(.), from reality to feelings. The ‘happiness’ literature claims we have demonstrated diminishing marginal utility of income. I show not, and that knowing r(.)’s curvature is crucial. A quasi-experiment on heights is studied.
Persistent link: https://www.econbiz.de/10005703689
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On the Common Claim that Happiness Equations Demonstrate Diminishing Marginal Utility of Income
Oswald, Andrew J. - Institute for the Study of Labor (IZA) - 2005
It is commonly claimed in the recent happiness literature in psychology and economics that we have proved diminishing marginal utility of income. This paper suggests that we have not. It draws a distinction between concavity of the utility function and concavity of the reporting function.
Persistent link: https://www.econbiz.de/10005763588
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Gender and competition: Evidence from jumping competitions
Böheim, René; Lackner, Mario - 2013
We analyze if female athletes differ from male athletes in their competitive behavior, using data from high jump and pole vault competitions. We estimate if female athletes use risky strategies as often as male athletes and whether or not their returns to risky strategies differ. Returns to...
Persistent link: https://www.econbiz.de/10010293101
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Bonus culture: Competitive pay, screening, and multitasking
Bénabou, Roland; Tirole, Jean - 2013
This paper analyzes the impact of labor market competition and skill-biased technical change on the structure of … compensation. The model combines multitasking and screening, embedded into a Hotelling-like framework. Competition for the most … perfect competition, the resulting efficiency loss can be much larger than that imposed by a single firm or principal, who …
Persistent link: https://www.econbiz.de/10010293214
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When Banana Import Restrictions Lead to Exports: A Tale of Cyclones and Quarantine Policies
Ko, Chia Chiun; Frijters, Paul - 2014
This paper examines the welfare loss of import restrictions on bananas in Australia and whether the import restrictions have turned into a particular form of export promotion. We set up a model in which there is free domestic entry, with banana producers accepting losses in normal years, off-set...
Persistent link: https://www.econbiz.de/10010333351
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Gender Differences in Strategic Behaviour under Competitive Pressure: Evidence on Omission Patterns in University Entrance Examinations
Pekkarinen, Tuomas - 2014
This paper studies gender differences in performance in university entrance examinations. We exploit data from the exams that the nine Finnish universities providing education in economics and business use to choose their students. These exams are multiple choice tests where wrong answers are...
Persistent link: https://www.econbiz.de/10010352258
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Do Men Matter to Female Competition Even When They Don't?
Birk, Erica G.; Lee, Logan M.; Waddell, Glen R. - 2016
men without the element of direct competition, which allows for the identification of psychological effects of competition …
Persistent link: https://www.econbiz.de/10011559612
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The More You Know: Information Effects on Job Application Rates in a Large Field Experiment
Gee, Laura Katherine - 2016
This paper presents the results from a 2.3 million person field experiment that varies whether or not a job seeker sees the number of applicants for a job posting on a large job posting website, LinkedIn. This intervention increases the likelihood that a person will finish an application by...
Persistent link: https://www.econbiz.de/10011584687