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Are There Real Effects of Licensing on Academic Research? A Life Cycle View
Thursby, Marie; Thursby, Jerry; Gupta-Mukherjee, Swasti - National Bureau of Economic Research (NBER) - 2005
Whether financial returns to university licensing divert faculty from basic research is examined in a life cycle context. As in traditional life cycle models, faculty devote more time to research, which can be either basic or applied, early and more time to leisure as they age. Licensing has...
Persistent link: https://www.econbiz.de/10005085121
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Willpower and the Optimal Control of Visceral Urges
Silverman, Dan; Ozdenoren, Emre; Salant, Stephen - National Bureau of Economic Research (NBER) - 2006
Common intuition and experimental psychology suggest that the ability to self-regulate, willpower, is a depletable resource. We investigate the behavior of an agent who optimally consumes a cake (or paycheck or workload) over time and who recognizes that restraining his consumption too much...
Persistent link: https://www.econbiz.de/10005580873
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The Joint Identification of Utility and Discount Functions From Stated Choice Data: An Application to Durable Goods Adoption
Dube, Jean-Pierre H.; Hitsch, Günter J.; Jindal, Pranav - National Bureau of Economic Research (NBER) - 2012
We present a survey design that generalizes static conjoint experiments to elicit inter-temporal adoption decisions for durable goods. We show that consumers' utility and discount functions in a dynamic discrete choice model are jointly identified using data generated by this specific design. In...
Persistent link: https://www.econbiz.de/10010969265
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Incentives, Commitments and Habit Formation in Exercise: Evidence from a Field Experiment with Workers at a Fortune-500 Company
Royer, Heather; Stehr, Mark F.; Sydnor, Justin R. - National Bureau of Economic Research (NBER) - 2012
Financial incentives have been shown to have strong positive short‐run effects for problematic health behaviors, but the effects often disappear once incentive programs end. This paper analyzes the results of a large‐scale workplace field experiment to examine whether self‐funded...
Persistent link: https://www.econbiz.de/10010969298
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On the Interaction of Memory and Procrastination: Implications for Reminders
Ericson, Keith M Marzilli - National Bureau of Economic Research (NBER) - 2014
I examine the interaction between present-bias and limited memory. Individuals in the model must choose when and whether to complete a task, but may forget or procrastinate. Present-bias expands the effect of memory: it induces delay and limits take-up of reminders. Cheap reminder technology can...
Persistent link: https://www.econbiz.de/10010888676
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Aspirations and Inequality
Genicot, Garance; Ray, Debraj - National Bureau of Economic Research (NBER) - 2014
the social determinants of preferences play an important role. We examine conditions under which growth is compatible with … typically clustered around local poles. Finally, the theory has predictions for the growth rates along the cross-section of … income. We use these predictions to calibrate the model so that it fits growth data by income percentile for 43 countries …
Persistent link: https://www.econbiz.de/10010951084
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Sources of Firm Life-Cycle Dynamics: Differentiating Size vs. Age Effects
Kueng, Lorenz; Yang, Mu-Jeung; Hong, Bryan - National Bureau of Economic Research (NBER) - 2014
What determines firm growth over the life-cycle? Exploiting unique firm panel data on internal organization, balance …-cycle patterns for firm growth. These theories include organizational capital accumulation and management practices, financial … frictions, learning about demand, and recent endogenous growth models with incumbent innovation. We emphasize the importance of …
Persistent link: https://www.econbiz.de/10010951103
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Smart Machines and Long-Term Misery
Kotlikoff, Laurence; Sachs, Jeffrey D. - National Bureau of Economic Research (NBER) - 2012
Are smarter machines our children's friends? Or can they bring about a transfer from our relatively unskilled children to ourselves that leaves our children and, indeed, all our descendants - worse off? This, indeed, is the dire message of the model presented here in which smart machines...
Persistent link: https://www.econbiz.de/10010951178
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Does Medicaid Coverage for Pregnant Women Affect Prenatal Health Behaviors?
Dave, Dhaval M.; Kaestner, Robert; Wehby, George L. - National Bureau of Economic Research (NBER) - 2015
Despite plausible mechanisms, little research has evaluated potential changes in health behaviors as a result of the Medicaid expansions of the 1980s and 1990s for pregnant women. Accordingly, we provide the first national study of the effects of Medicaid on health behaviors for pregnant women....
Persistent link: https://www.econbiz.de/10011213646
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Delay Functions as the Foundation of Time Preference: Testing for Separable Discounted Utility
Noor, Jawwad; Ericson, Keith Marzilli - National Bureau of Economic Research (NBER) - 2015
Delay functions, which vary timing of rewards but fix the money dimension, can elicit the form of discount functions with minimal assumptions. We present a general theorem that characterizes the set of discount functions and utility indices compatible with any 'regular' preference. We provide...
Persistent link: https://www.econbiz.de/10011262925