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Open Source Software : The New Intellectual Property Paradigm
Maurer, Stephen M.; Scotchmer, Suzanne - 2021
Open source methods for creating software rely on developers who voluntarily reveal code in the expectation that other developers will reciprocate. Open source incentives are distinct from earlier uses of intellectual property, leading to different types of inefficiencies and different biases in...
Persistent link: https://www.econbiz.de/10013240651
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Continuous-Time Methods for Integrated Assessment Models
Cai, Yongyang - 2012
Continuous time is a superior representation of both the economic and climate systems that Integrated Assessment Models …. The numerical analysis literature offers many reliable methods, and should be used because alternatives derived from … difference methods from numerical analysis produces far superior approximations than do simple discrete-time systems …
Persistent link: https://www.econbiz.de/10013100985
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Integrability and Generalized Separability
Fally, Thibault - 2018
This paper examines demand systems where the demand for a good depends only on its own price, consumer income, and a single aggregator synthesizing information on all other prices. This generalizes directly-separable preferences where the Lagrange multiplier provides such an aggregator. As...
Persistent link: https://www.econbiz.de/10012911109
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Differences of Opinion and International Equity Markets
Dumas, Bernard - 2011
interpretation of home public signals impact equity markets. We evaluate the ability of our model to generate four international …
Persistent link: https://www.econbiz.de/10013130709
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Conveniently Upset : Avoiding Altruism by Distorting Beliefs About Others
Di Tella, Rafael - 2011
In this paper we present the results from a "corruption game" (a dictator game modified so that the second player can accept a side payment that reduces the overall size of the pie). Dictators (silently) treated to have the possibility of taking a larger proportion of the recipient's tokens,...
Persistent link: https://www.econbiz.de/10013131979
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"Last-Place Aversion" : Evidence and Redistributive Implications
Kuziemko, Ilyana - 2011
Why do low-income individuals often oppose redistribution? We hypothesize that an aversion to being in "last place" undercuts support for redistribution, with low-income individuals punishing those slightly below themselves to keep someone "beneath" them. In laboratory experiments, we find...
Persistent link: https://www.econbiz.de/10013122222
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Self Reported Disability and Reference Groups
van Soest, Arthur - 2011
Social networks and social interactions affect individual and social norms. We develop a direct test of this using Dutch survey data on how respondents evaluate work disability of hypothetical people with some work related health problem (vignettes). We analyze how the thresholds respondents use...
Persistent link: https://www.econbiz.de/10013123640
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Managing Self-Confidence : Theory and Experimental Evidence
Mobius, Markus M. - 2011
Evidence from social psychology suggests that agents process information about their own ability in a biased manner. This evidence has motivated exciting research in behavioral economics, but has also garnered critics who point out that it is potentially consistent with standard Bayesian...
Persistent link: https://www.econbiz.de/10013125581
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What Do Consumers Believe About Future Gasoline Prices?
Anderson, Soren - 2011
valuation of energy efficiency. We also provide evidence on circumstances in which consumer forecasts are likely to deviate from …
Persistent link: https://www.econbiz.de/10013126209
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Why Does Balanced News Produce Unbalanced Views?
Glaeser, Edward L. - 2013
Many studies find that presentation of balanced information, offering competing positions, can promote polarization and thus increase preexisting social divisions. We offer two explanations for this apparently puzzling phenomenon. The first involves what we call asymmetric Bayesianism: the same...
Persistent link: https://www.econbiz.de/10013083095