Showing 1 - 10 of 20
Gender differences in competitiveness are often discussed as a potential explanation for gender differences in education and labor market outcomes. We correlate an incentivized measure of competitiveness with an important career choice of secondary school students in the Netherlands. At the age...
Persistent link: https://www.econbiz.de/10013097269
The large literature on costly signaling and the somewhat scant literature on preference signaling had varying success in showing the effectiveness of signals. We use a field experiment to show that even when everyone can send a signal, signals are free and the only costs are opportunity costs,...
Persistent link: https://www.econbiz.de/10013121049
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
Experimental tests of dynamically inconsistent time preferences have largely relied on choices over time-dated monetary rewards. Several recent studies have failed to find the standard patterns of time inconsistency. However, such monetary studies contain often discussed confounds. In this...
Persistent link: https://www.econbiz.de/10013087790
Markets sometimes unravel, with offers becoming inefficiently early. Often this is attributed to competition arising from an imbalance of demand and supply, typically excess demand for workers. However this presents a puzzle, since unraveling can only occur when firms are willing to make early...
Persistent link: https://www.econbiz.de/10013152623
New gastroenterologists participated in a labor market clearinghouse (a quot;matchquot;) from 1986 through the late 1990's, after which the match was abandoned. This provides an opportunity to study the effects of a match, by observing the differences in the outcomes and organization of the...
Persistent link: https://www.econbiz.de/10012775738
We propose a new hypothesis, the Power of Certainty, to help explain agents' difficulties in making choices when there are multiple possible payoff-relevant states. In the probabilistic ‘Acquiring-a-Company' problem an agent submits a price to a firm before knowing whether the firm is of low...
Persistent link: https://www.econbiz.de/10012943184
Recent research documents that while men are eager to compete, women often shy away from competitive environments. A consequence is that few women enter and win competitions. Using experimental methods we examine how affirmative action affects competitive entry. We find that when women are...
Persistent link: https://www.econbiz.de/10012759404
A recent antitrust lawsuit against the National Residency Matching Program renewed interest in understanding the effects of a centralized match on wages of medical residents. Bulow and Levin (forthcoming) propose a simple model of the NRMP, in which firms set impersonal salaries simultaneously,...
Persistent link: https://www.econbiz.de/10012761269
Criteria for evaluating school choice mechanisms are first, whether truth-telling is sometimes punished and second, how efficient the match is. With common knowledge preferences, Deferred Acceptance (DA) dominates the Boston mechanism by the first criterion and is ambiguously ranked by the...
Persistent link: https://www.econbiz.de/10012765369