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Measuring the Value of a Statistical Life : Problems and Prospects
Ashenfelter, Orley - 2021
Tradeoffs between monetary wealth and fatal safety risks are summarized in the value of a statistical life (VSL), a measure that is widely used for the evaluation of public policies in medicine, the environment, and transportation safety. This paper demonstrates the widespread use of this...
Persistent link: https://www.econbiz.de/10013218445
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Ethnic Identification, Intermarriage, and Unmeasured Progress by Mexican Americans
Duncan, Brian - 2012
Using Census and CPS data, we show that U.S.-born Mexican Americans who marry non-Mexicans are substantially more educated and English proficient, on average, than are Mexican Americans who marry co-ethnics (whether they be Mexican Americans or Mexican immigrants). In addition, the non-Mexican...
Persistent link: https://www.econbiz.de/10013100585
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Implications of an Economic Theory of Conflict : Hindu-Muslim Violence in India
Mitra, Anirban - 2013
We model inter-group conflict driven by economic changes within groups. We show that if group incomes are low, increasing group incomes raises violence against that group, and lowers violence generated by it. We then apply the model to data on Hindu-Muslim violence in India. Our main result is...
Persistent link: https://www.econbiz.de/10013081246
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The Economic Value of Cultural Diversity : Evidence from Us Cities
Ottaviano, Gianmarco I.P; Peri, Giovanni - 2022
What are the economic consequences to U.S. natives of the growing diversity of American cities? Is their productivity or utility affected by cultural diversity as measured by diversity of countries of birth of U.S. residents? We document in this paper a very robust correlation: US-born citizens...
Persistent link: https://www.econbiz.de/10013324021
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The Power of Asking : How Communication Affects Selfishness, Empathy, and Altruism
Andreoni, James - 2010
communication between subjects. In reality, however, altruism usually requires interaction between givers and receivers, which … altruism are built on human sociality. We experimentally examine communication in which one subject allocates $10 between … recipients had been able to ask, even when they were silent. We conclude that communication dramatically influences altruistic …
Persistent link: https://www.econbiz.de/10013138083
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Trading, Communication and the Response of Price to New Information
Gorton, Gary B. - 2010
The dynamic behavior of security prices is studied in a setting where two agents trade strategically and learn over time from market prices. The model introduces an information structure which is intended to capture the notion that information is difficult to interpret. Strategic interaction and...
Persistent link: https://www.econbiz.de/10013139449
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The Distinct Effects of Information Technology and Communication Technology on Firm Organization
Bloom, Nicholas - 2012
Empirical studies on information communication technologies (ICT) typically aggregate the "information" and … "communication" components together. We show theoretically and empirically that these have very different effects on the empowerment …' lower level agents. Conversely, technologies reducing communication costs substitute agent's knowledge for directions from …
Persistent link: https://www.econbiz.de/10013117035
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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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Decentralization, Communication, and the Origins of Fluctuations
Angeletos, George-Marios - 2011
because decentralized trading impedes communication and, in so doing, opens the door to self-fulfilling beliefs despite the …
Persistent link: https://www.econbiz.de/10013124854
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New Cellular Networks in Malawi : Correlates of Service Rollout and Network Performance
Batzilis, Dimitris - 2015
Cellular technologies have become increasingly important in the developing world; infrastructure for mobile networks has expanded dramatically over the past two decades giving access to remote areas without previous phone service. Despite this expansion, relatively little is known about the...
Persistent link: https://www.econbiz.de/10013038375