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Behavioral Inattention
Gabaix, Xavier - 2017
Inattention is a central, unifying theme for much of behavioral economics. It permeates such disparate fields as microeconomics, macroeconomics, finance, public economics, and industrial organization. It enables us to think in a rather consistent way about behavioral biases, speculate about...
Persistent link: https://www.econbiz.de/10012941474
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Nonparametric Identification and Estimation in a Generalized Roy Model
Bayer, Patrick J. - 2010
This paper considers nonparametric identification and estimation of a generalized Roy model that includes a non-pecuniary component of utility associated with each choice alternative. Previous work has found that, without parametric restrictions or the availability of covariates, all of the...
Persistent link: https://www.econbiz.de/10012759373
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Expectations-Based Loss Aversion May Help Explain Seemingly Dominated Choices in Strategy-Proof Mechanisms
Dreyfuss, Bnaya - 2019
Deferred Acceptance (DA), a widely implemented algorithm, is meant to improve allocations: under classical preferences … reference-dependent preferences, with a degree and distribution of loss aversion that explain common levels of risk aversion … elsewhere, fit the data better than no-loss-aversion preferences.Institutional subscribers to the NBER working paper series, and …
Persistent link: https://www.econbiz.de/10012860839
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An Experimental Study of Storable Votes
Casella, Alessandra; Gelman, Andrew; Palfrey, Thomas R. - 2022
monotonic in the voter's intensity of preferences---but are otherwise difficult to calculate, raising questions of practical …
Persistent link: https://www.econbiz.de/10013324445
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Self-Esteem, Moral Capital, and Wrongdoing
Dal Bo, Ernesto - 2010
We present an infinite-horizon model of moral standards where self-esteem and unconscious drives play key roles. In the model, an individual receives random temptations (such as bribe offers) and must decide which to resist. Individual actions depend both on conscious intent and a type...
Persistent link: https://www.econbiz.de/10012758127
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Learning and Disagreement in an Uncertain World
Acemoglu, Daron - 2010
Most economic analyses presume that there are limited differences in the prior beliefs of individuals, as assumption most often justified by the argument that sufficient common experiences and observations will eliminate disagreements. We investigate this claim using a simple model of Bayesian...
Persistent link: https://www.econbiz.de/10012760581
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Misinformation During a Pandemic
Bursztyn, Leonardo - 2020
Media outlets often present diverging, even conflicting, perspectives on reality — not only informing, but potentially misinforming audiences. We study the extent to which misinformation broadcast on mass media at the early stages of the coronavirus pandemic influenced health outcomes. We...
Persistent link: https://www.econbiz.de/10012830479
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A Cautionary Tale of Evaluating Identifying Assumptions : Did Reality TV Really Cause a Decline in Teenage Childbearing?
Jaeger, David - 2018
Evaluating policy changes that occur everywhere at the same time is difficult because of the lack of a clear counterfactual. Hoping to address this problem, researchers often proxy for differential exposure using some observed characteristic in the pre-treatment period. As a cautionary tale of...
Persistent link: https://www.econbiz.de/10012914252
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The Limits of Propaganda : Evidence from Chavez's Venezuela
Knight, Brian G. - 2016
In this paper, we investigate viewer responses to changes in the ideological content of television programming using variation induced by cadenas, unannounced takeovers of the public television airwaves by the government in Venezuela. Using high-frequency ratings data, we find that, consistent...
Persistent link: https://www.econbiz.de/10012997369
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Early Childhood Education by MOOC : Lessons from Sesame Street
Kearney, Melissa S. - 2015
This paper investigates whether preschool children exposed to Sesame Street when it began in 1969 experienced improved educational and labor market outcomes subsequently. We exploit geographic variation in broadcast reception derived from technological limitations, including distance to a...
Persistent link: https://www.econbiz.de/10013021488