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The Cost of Financial Frictions for Life Insurers
Koijen, Ralph S.J. - 2012
During the financial crisis, life insurers sold long-term policies at deep discounts relative to actuarial value. The average markup was as low as -19 percent for annuities and -57 percent for life insurance. This extraordinary pricing behavior was due to financial and product market frictions,...
Persistent link: https://www.econbiz.de/10012460342
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Pandemic Schooling Mode and Student Test Scores : Evidence from US States
Halloran, Clare; Jack, Rebecca; Okun, James C.; Oster, Emily - National Bureau of Economic Research - 2021
We estimate the impact of district-level schooling mode (in-person versus hybrid or distance learning) on test scores …
Persistent link: https://www.econbiz.de/10012696406
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Learning Through Imitation : an Experiment
Agranov, Marina; Lopez-Moctezuma, Gabriel; Strack, Philipp - National Bureau of Economic Research - 2022
We compare how well agents aggregate information in two repeated social learning environments. In the first setting …
Persistent link: https://www.econbiz.de/10013191057
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Consensus and Disagreement : Information Aggregation under (not so) Naive Learning
Banerjee, Abhijit V.; Compte, Olivier - National Bureau of Economic Research - 2022
We explore a model of non-Bayesian information aggregation in networks. Agents non-cooperatively choose among Friedkin-Johnsen type aggregation rules to maximize payoffs. The DeGroot rule is chosen in equilibrium if and only if there is noiseless information transmission...leading to consensus....
Persistent link: https://www.econbiz.de/10013190991
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Social Learning and Coordination in High-Stakes Games : Evidence from Friend or Foe
Oberholzer-Gee, Felix - 2003
We analyze the behavior of game-show contestants who play a one-shot game called Friend or Foe. While it is a weakly dominant strategy not to cooperate, almost half the contestants on the show choose to play friend.' Remarkably, the behavior of contestants remains unchanged even when stakes are...
Persistent link: https://www.econbiz.de/10012468893
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U.S. Safety Net Programs and Early Life Skills Formation : Results from a Prospective Longitudinal Cohort Study
Bolbocean, Corneliu - 2018
A large body of literature suggests that the first years of life are critical for long-term economic, health and social outcomes. However, the effect of public programs on early life skills formation is largely unknown due to data limitations. In this paper we use novel data from a large...
Persistent link: https://www.econbiz.de/10012452889
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Teaching Teachers To Use Computer Assisted Learning Effectively : Experimental and Quasi-Experimental Evidence
Oreopoulos, Philip; Gibbs, Chloe; Jensen, Michael; … - National Bureau of Economic Research - 2024
Mastery learning - the process by which students must demonstrate proficiency with a single topic before moving on - is … implement it into a classroom setting. This study evaluates a program to encourage greater mastery learning through technology … coaching in how to use Computer Assisted Learning (CAL) for helping students follow a customized roadmap of incremental …
Persistent link: https://www.econbiz.de/10014528427
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Learning and Disagreement in an Uncertain World
Acemoglu, Daron - 2006
investigate this claim using a simple model of Bayesian learning. Two individuals with different priors observe the same infinite … behavior in a range of circumstances. We illustrate how the type of learning outlined in this paper interacts with economic …
Persistent link: https://www.econbiz.de/10012466013
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Innovation Adoption by Committee : Evaluating Decision-Making in the FDA
Canen, Nathan J.; Iaryczower, Matiás - National Bureau of Economic Research - 2024
learning and policy recommendation in advisory committees. We quantify the effectiveness of advisory panels, and evaluate …
Persistent link: https://www.econbiz.de/10015056111
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The Impact of US News and World Report College Rankings on Admission Outcomes and Pricing Decisions at Selective Private Institutions
Monks, James - 1999
Despite the widespread popularity of the U.S. News & World Report College rankings there has been no empirical analysis of the impact of these rankings on applications, admissions, and enrollment decisions, as well as on institutions' pricing policies. Our analyses indicate that a less favorable...
Persistent link: https://www.econbiz.de/10012471562