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leverage the dynamic nature of response-time data from repeated strategic interactions to measure the strategic complexity of a … characteristics of play in the previous round). We find that strategic complexity varies significantly across situations, and we find … considerable heterogeneity in how responsive subjects' thinking times are to complexity. We also study how variation in response …
Persistent link: https://www.econbiz.de/10013351814
How does the tax system's complexity affect people's reaction to tax changes? To answer this question, we conduct a …
Persistent link: https://www.econbiz.de/10010319504
Economists traditionally tackle normative problems by computing optimal policy, i.e. the one that maximizes a social welfare function. In practice, however, a succession of marginal changes to a limited number of policy instruments are implemented, until no further improvement is feasible. I...
Persistent link: https://www.econbiz.de/10010262772
, specificity, and the complexity, are analyzed by using firm level data in Turkey. This study has three main conclusions. As for …
Persistent link: https://www.econbiz.de/10011307478
I create a time series of weekly ratios of Google searches, in the US, on buying and selling in the Real Estate Category of Google Trends. I call this ratio the Google US Housing Market BUSE Index or simply the BUSE index. It expresses the number of "buy"-searches for each "sell"-search which,...
Persistent link: https://www.econbiz.de/10011401694
Traffic jams are an important problem both on an individual and on a societal level and much research has been done on trying to explain their emergence. The mainstream approach to road traffic monitoring is based on crowdsourcing roaming GPS devices such as cars or cell phones. These systems...
Persistent link: https://www.econbiz.de/10011401780
In a bold and risky political move the Greek prime minister Alexis Tsipras called for a referendum on June 27 2015 quitting ongoing negotiations with Greece's creditors in Brussels. The referendum framed as a yes or no question asked the Greek voters to decide whether or not they approve or...
Persistent link: https://www.econbiz.de/10011420743
On February 20 2015 Irish Premier Enda Kenny confirmed that a "yes-no" referendum on same sex marriage would be held on May 22 of the same year. A yes vote would legalise same sex marriage in Ireland. As the Irish premier put it, the vote was about "tolerance, respect and sensitivity". The...
Persistent link: https://www.econbiz.de/10011420746
shares, and use this measure to estimate city and activity complexity. Our approach extends discrete measures used in … quality between geographic areas with different sizes. We examine the contribution of relatedness and complexity to urban … dense with related activities. Relatedness and complexity appear to be most relevant for analysing how large, complex cities …
Persistent link: https://www.econbiz.de/10012005924
variety of applications. For instance, the automation of low-complexity tasks tends to reinforce labor market segmentation …. Moreover, comparatively small changes in a task's complexity, via new products, processes or automation, may have either a …
Persistent link: https://www.econbiz.de/10012179963