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Confucianism and Preferences : Evidence from Lab Experiments in Taiwan and China
Liu, Elaine - 2013
This paper investigates how Confucianism affects individual decision making in Taiwan and in China. We found that …
Persistent link: https://www.econbiz.de/10013073199
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Risk Preferences are Not Time Preferences : Discounted Expected Utility with a Disproportionate Preference for Certainty
Andreoni, James - 2010
Risk and time are intertwined. The present is known while the future is inherently risky. Discounted expected utility provides a simple, coherent structure for analyzing decisions in intertemporal, uncertain environments. However, we document robust violations of discounted expected utility,...
Persistent link: https://www.econbiz.de/10013138320
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Global Evidence on Economic Preferences
Falk, Armin - 2017
This paper studies the global variation in economic preferences. For this purpose, we present the Global Preference Survey (GPS), an experimentally validated survey dataset of time preference, risk preference, positive and negative reciprocity, altruism, and trust from 80,000 individuals in 76...
Persistent link: https://www.econbiz.de/10012945159
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Early Decisions : A Regulatory Framework
Beshears, John - 2010
Decision regulations help long-run preferences prevail by allowing consumers to partially commit to their long-run goals …, making it harder for a momentary impulse to reverse past decisions. In the cigarette market, examples of Early Decision … Early Decision regulations demonstrates that Early Decisions are optimal when consumer preferences are heterogeneous …
Persistent link: https://www.econbiz.de/10012761790
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Multinomial Choice with Social Interactions
Brock, William A.; Durlauf, Steven N. - 2021
This paper develops a model of individual decisionmaking in the presence of social interactions when the number of available choices is finite. We show how a multinomial logit model framework may be used to model such decisions in a way that permits a tight integration of theory and...
Persistent link: https://www.econbiz.de/10013233056
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Discrete Choice with Social Interactions I : Theory
Brock, William A.; Durlauf, Steven N. - 2021
This paper provides an analysis of aggregate behavioral outcomes when individual utility exhibits social interaction effects. We study generalized logistic models of individual choice which incorporate terms reflecting the desire of individuals to conform to the behavior of others in an...
Persistent link: https://www.econbiz.de/10013310797
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Preferences and Heterogeneous Treatment Effects in a Public School Choice Lottery
Hastings, Justine S. - 2010
This paper combines a model of parental school choice with randomized school lotteries in order to understand the effects of being assigned to a first-choice school on academic outcomes. We outline a simple framework in which those who place the highest weight on academics when choosing a school...
Persistent link: https://www.econbiz.de/10012761667
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From Forced Busing to Free Choice in Public Schools : Quasi-Experimental Evidence of Individual and General Effects
Lavy, Victor - 2021
In 1994 the city of Tel Aviv replaced its existing school integration program based on inter-district busing, with a new program that allowed students to choose freely between schools in and out of district. This paper explores the impact of this program on high school outcomes while...
Persistent link: https://www.econbiz.de/10013239971
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Changing the Boston School Choice Mechanism
Abdulkadiroglu, Atila; Pathak, Parag A.; Roth, Alvin E.; … - 2021
based on fairness, and was a critical argument in Boston's decision to change the mechanism. We then discuss the …
Persistent link: https://www.econbiz.de/10013240652
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Intertemporal Choice
Ericson, Keith M. Marzilli - 2018
Intertemporal tradeoffs play a key role in many personal decisions and policy questions. We describe models of intertemporal choice, identify empirical regularities in choice, and pose new questions for research. The focus for intertemporal choice research is no longer whether the exponential...
Persistent link: https://www.econbiz.de/10012906455