Showing 1 - 10 of 118
In a model of evolution driven by conflict between societies more powerful states have an advantage. When the influence of outsiders is small we show that this results in a tendency to hegemony. In a simple example in which institutions differ in their "exclusiveness" we find that these...
Persistent link: https://www.econbiz.de/10010950707
The immense literature on discrimination treats outcomes as relative: One group suffers compared to another. But does a difference arise because agents discriminate against others--are exophobic--or because they favor their own kind--are endophilic? This difference matters, as the relative...
Persistent link: https://www.econbiz.de/10010969283
The growing use of on-line educational content and related video services has changed the way people access education, share knowledge, and possibly make life decisions. In this paper, we characterize how video content affects individual decision-making and willingness to share in the context of...
Persistent link: https://www.econbiz.de/10010950669
Internet-based educational resources are proliferating rapidly. One concern associated with these (potentially transformative) technological changes is that they will be disequalizing - as many technologies of the last several decades have been - creating superstar teachers and a winner-take-all...
Persistent link: https://www.econbiz.de/10010951360
This study investigates how being exposed to a field of study influences students’ major choices. We exploit a natural experiment at a Swiss university where all first-year students face largely the same curriculum before they choose a major. An important component of the first-year curriculum...
Persistent link: https://www.econbiz.de/10011272311
We examine six molecules facing initial loss of US exclusivity (LOE, from patent expiration or challenges) between June 2009 and May 2013 that were among the 50 most prescribed molecules in May 2013. We examine prices per day of therapy (from the perspective of average revenue received by retail...
Persistent link: https://www.econbiz.de/10010969367
feeling cheated? Is the behavior of the driver affected by his beliefs about what we consider cheating? We address these …
Persistent link: https://www.econbiz.de/10010950633
Trust beliefs are heterogeneous across individuals and, at the same time, persistent across generations. We investigate … individuals extrapolate from their own type when forming trust beliefs about the same pool of potential partners - i.e., more … (less) trustworthy individuals form more optimistic (pessimistic) trust beliefs - and that this tendency continues to color …
Persistent link: https://www.econbiz.de/10010950649
In a seminal paper, Camerer, Babcock, Loewenstein, and Thaler (1997) find that the wage elasticity of daily hours of work New York City (NYC) taxi drivers is negative and conclude that their labor supply behavior is consistent with target earning (having reference dependent preferences). I...
Persistent link: https://www.econbiz.de/10010950754
confirmation bias in light of new information: beliefs over-react to information that confirms the stereotype and ignore …
Persistent link: https://www.econbiz.de/10010950773