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Economic and social theorists have modeled race and ethnicity as a form of personal identity produced in recognition of the costliness of adopting and maintaining a specific identity. These models of racial and ethnic identity recognize that race and ethnicity is potentially endogenous because...
Persistent link: https://www.econbiz.de/10012468735
. This study also presents empirical evidence from a laboratory experiment in which students at a selective college were …
Persistent link: https://www.econbiz.de/10012463942
We study the implications of a particular form of irrationality on the pricing behavior of firms in a monopolistic-competitive market with incomplete information. We assume that firms are overconfident, meaning that they over-estimate their abilities to understand the correct model of the...
Persistent link: https://www.econbiz.de/10012466749
platinum credit cards to high-income customers. In a first experiment, we show that demand for the platinum card greatly … social status. In a second experiment, we provide evidence of positional externalities from the consumption of these status … goods. The final experiment shows that increasing self-esteem causally reduces demand for status goods. We infer that part …
Persistent link: https://www.econbiz.de/10012455267
An important dialogue between theorists and experimentalists over the past few decades has raised the study of the interaction of psychological and economic incentives from academic curiosity to a bona fide academic field. One recent area of study within this genre that has sparked interest and...
Persistent link: https://www.econbiz.de/10012461186
Using data from a field experiment on exercise, we analyze the relationship between imperfect memory and people …
Persistent link: https://www.econbiz.de/10013537719
A rich literature explores gender differences between men and women, but an increasing share of the population identifies their gender in some other way. Analyzing data on roughly 10,000 students and 1,500 adults, we find that such gender minorities are less confident and provide less favorable...
Persistent link: https://www.econbiz.de/10014468261
This paper estimates the political and economic effects of the 19th century disenfranchisement of black citizens in the U.S. South. Using adjacent county-pairs that straddle state boundaries, I examine the effect of voting restrictions on political competition, public goods, and factor markets....
Persistent link: https://www.econbiz.de/10012460530
Many consumers below the top of the distribution of a representative population by cognitive abilities barely react to monetary and fiscal policies that aim to stimulate consumption and borrowing, even when they are financially unconstrained and despite substantial debt capacity. Differences in...
Persistent link: https://www.econbiz.de/10012629499
We revisit two clinical trials that randomized depressed adults in India (n=775) to a brief course of psychotherapy or a control condition. Four to five years later, the treatment group was 11 percentage points less likely to be depressed than the control group. The more effective intervention...
Persistent link: https://www.econbiz.de/10013210039