Showing 1 - 10 of 282
for (and against) each putative bias, and I highlight when and how different biases may be related to each other. The …
Persistent link: https://www.econbiz.de/10012908820
This paper exploits an unusual transportation setting to estimate the value of a statistical life (VSL). We estimate the trade-offs individuals are willing to make between mortality risk and cost as they travel to and from the international airport in Sierra Leone (which is separated from the...
Persistent link: https://www.econbiz.de/10013074917
Airplanes are a fast but expensive means of shipping goods, a fact which has implications for comparative advantage. The paper develops a Ricardian model with a continuum of goods which vary by weight and hence transport cost. Comparative advantage depends on relative air and surface transport...
Persistent link: https://www.econbiz.de/10012761947
This paper posits that individuals can more easily form social connections with persons of the same race. If true, the greater the incidence among his neighbors of persons of his race, the more likely an individual is to make neighborhood social capital connections, and the more likely he is to...
Persistent link: https://www.econbiz.de/10013239948
In this paper we show that omitted variables and publication bias lead to severely biased estimates of the value of a …
Persistent link: https://www.econbiz.de/10013132340
application of adult women's decisions to undertake mammography to evaluate the importance of present bias and naivety in the … under-utilization of this preventive health care. Our results show evidence for both present bias and naivety …
Persistent link: https://www.econbiz.de/10013137310
Outcome bias occurs when an evaluator considers ex-post outcomes when judging whether a choice was correct, ex-ante. We … formalize this cognitive bias in a simple model of distorted Bayesian updating. We then examine strategy changes made by …
Persistent link: https://www.econbiz.de/10013119785
direction of the bias varies with bandwidth choice and the location of the data heaps relative to the treatment threshold …
Persistent link: https://www.econbiz.de/10013120302
We propose a test of bias based upon patterns of judicial errors. We model the trial court as minimizing a weighted sum … of type I and II errors. We define racial bias a situation where the weight depends on defendant/victim race. If the …
Persistent link: https://www.econbiz.de/10013125925
government has time-inconsistent preferences with a present-bias towards public spending. The government chooses a fiscal rule to …
Persistent link: https://www.econbiz.de/10013097776