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identity salient to black subjects, non-immigrant blacks (but not immigrant blacks) make more patient choices. Making gender …
Persistent link: https://www.econbiz.de/10012767030
This paper demonstrates gender differences in risk aversion and ambiguity aversion. It also contributes to a growing …
Persistent link: https://www.econbiz.de/10012757873
Economic theories of discrimination are usually based on tastes. The huge body of empirical studies, however, considers the discriminatory outcomes that are the reduced-form results of interactions between tastes and opportunity sets. None examines tastes for discrimination directly, or...
Persistent link: https://www.econbiz.de/10013228986
We investigate whether experiencing a natural disaster affects risk-taking behavior. We conduct standard risk games (using real money) with randomly selected individuals in rural Indonesia. We find that individuals who recently suffered a flood or earthquake exhibit more risk aversion....
Persistent link: https://www.econbiz.de/10013074295
Can measured risk attitudes and associated structural models predict insurance demand? In an experiment (n = 1,730), we …
Persistent link: https://www.econbiz.de/10013312498
redistribution. Approximately 4,000 respondents were randomized into treatments providing interactive, customized information on U …
Persistent link: https://www.econbiz.de/10013085497
Deferred Acceptance (DA), a widely implemented algorithm, is meant to improve allocations: under classical preferences, it induces preference-concordant rankings. However, recent evidence shows that—in both real, large-stakes applications and experiments—participants frequently play...
Persistent link: https://www.econbiz.de/10012860839
members choose either a risky reform or a safe alternative each period. When no redistribution is allowed the unique … equilibrium outcome is generically inefficient. When redistribution is allowed (even small amounts), there always exists an … equilibrium that supports optimal experimentation for any voting rule without veto players. With veto players, however, optimal …
Persistent link: https://www.econbiz.de/10012911102
account for observed gender differences in economic outcomes including education and labor market outcomes as well as voting …This paper summarizes research on gender differences in economic settings. I discuss gender differences in attitudes … toward competition, altruism and the closely related issue of cooperation, and risk preferences. While gender differences in …
Persistent link: https://www.econbiz.de/10013039632
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