Similar Search Results

Johnson, Eric J.; Gächter, Simon; Herrmann, Andreas - 2006

Loss aversion, the fact that losses have a greater impact than gains, is a fundamental property of behavioral accounts of choice. In this paper, we suggest four possible characterizations of the relative impact of losses and gains: (1) It could be a constant, such as the much cited value of 2,...

Persistent link: https://www.econbiz.de/10010267429

Exploring the Nature of Loss Aversion

Johnson, Eric J.; Gächter, Simon; Herrmann, Andreas - Institute for the Study of Labor (IZA) - 2006

Persistent link: https://www.econbiz.de/10005703626

Persistent Overconfidence and Biased Memory: Evidence from Managers

Huffman, David B.; Raymond, Collin; Shvets, Julia - 2023

A long-standing puzzle is how overconfidence can persist in settings characterized by repeated feedback. This paper studies managers who participate repeatedly in a high-powered tournament incentive system, learning relative performance each time. Using reduced form and structural methods we...

Persistent link: https://www.econbiz.de/10014377186

Economic conditions at the time of birth and cognitive abilities late in life: Evidence from eleven European countries

Doblhammer, Gabriele; van den Berg, Gerard J.; Fritze, … - 2011

With ageing populations and a stronger reliance on individual financial decision-making concerning asset portfolios, retirement schemes, pensions and insurances, it becomes increasingly important to understand the determinants of cognitive ability among the elderly. Macro-economic recession and...

Persistent link: https://www.econbiz.de/10010280717

Does schooling improve cognitive functioning at older ages?

Schneeweis, Nicole; Skirbekk, Vegard; Winter-Ebmer, Rudolf - 2012

of Health, Aging and Retirement in Europe (SHARE), we assess the causal effect of education on old-age memory, fluency …, numeracy, orientation and dementia. We find a positive impact of schooling on memory. One year of education increases the … delayed memory score by about 0.3, which amounts to 16% of the standard deviation. Furthermore, for women, we find that more …

Persistent link: https://www.econbiz.de/10010289891

Does Schooling Improve Cognitive Functioning at Older Ages?

Schneeweis, Nicole; Skirbekk, Vegard; Winter-Ebmer, Rudolf - Institute for the Study of Labor (IZA) - 2012

Persistent link: https://www.econbiz.de/10010959798

Economic Conditions at the Time of Birth and Cognitive Abilities Late in Life: Evidence from Eleven European Countries

Doblhammer, Gabriele; den Berg, Gerard J. van; Fritze, … - Institute for the Study of Labor (IZA) - 2011

Persistent link: https://www.econbiz.de/10009283586

Identity, Dignity and Taboos: Beliefs as Assets

Bénabou, Roland; Tirole, Jean - Institute for the Study of Labor (IZA) - 2007

We analyze social and economic phenomena involving beliefs which people value and invest in, for affective or functional reasons. Individuals are at times uncertain about their own "deep values" and infer them from their past choices, which then come to define "who they are". Identity...

Persistent link: https://www.econbiz.de/10005703370

Lost in Transmission

Graeber, Thomas W; Noy, Shakked; Roth, Christopher - 2024

the costs and benefits of transmitting different kinds of information. Instead, it results from memory constraints during …

Persistent link: https://www.econbiz.de/10014533814

Terrorism and Employment: Evidence from Successful and Failed Terror Attacks

Brodeur, Abel - 2015

preferences since these preferences have been shown to be related to economic outcomes. The results suggest that successful …

Persistent link: https://www.econbiz.de/10011401800