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Social experiments are powerful sources of information about the effectiveness of interventions. In practice, initial randomization plans are almost always compromised. Multiple hypotheses are frequently tested. "Significant" effects are often reported with p-values that do not account for...
Persistent link: https://www.econbiz.de/10012462417
During Britain's industrialization, Parliament operated a forum where rights to land and resources could be reorganized. This venue enabled landholders and communities to exploit economic opportunities that could not be accommodated by the inflexible rights regime inherited from the past. In...
Persistent link: https://www.econbiz.de/10012462955
Societies socialize children about sex. This is done in the presence of peer-group effects, which may encourage undesirable behavior. Parents want the best for their children. Still, they weigh the marginal gains from socializing their children against its costs. Churches and states may...
Persistent link: https://www.econbiz.de/10012462975
The British Industrial Revolution triggered a reversal in the social order of society whereby the landed elite was … children's preferences in response to economic incentives. This results in the stratification of society along occupational …
Persistent link: https://www.econbiz.de/10012465739
What drives change in a society's values? From Marx to modernization theory, scholars have identified a connection … between structural transformation and social change. To understand how changes in a society's dominant mode of production … Revolution. We argue that structural transformation alters the distribution of power in society and enables groups with distinct …
Persistent link: https://www.econbiz.de/10014372465
Stock returns around acquisition announcements are widely viewed as being reflective of the net present value created by these transactions. As such, announcement returns should correlate with acquisition outcomes. Using a new measure of realized transaction-level acquisition failure, as well as...
Persistent link: https://www.econbiz.de/10012482196
form of takeover (tender versus merger) and whether the bid is contested, cash offers provide substantially higher wealth …
Persistent link: https://www.econbiz.de/10012476611
This paper investigates whether attacks against Israeli targets help Palestinian factions gain public support. We link individual level survey data to the full list of Israeli fatalities during the period of the Second Intifada (2000-2006), and estimate a flexible discrete choice model for...
Persistent link: https://www.econbiz.de/10012462182
Is there an economic rationale for pronatalist policies? In this paper we propose and analyze a particular market failure that may lead to inefficiently low equilibrium fertility and therefore to a need for government intervention. The friction we investigate is related to the ownership of...
Persistent link: https://www.econbiz.de/10012462988
This paper studies the role played by caste, education and other social and economic attributes in arranged marriages among middle-class Indians. We use a unique data set on individuals who placed matrimonial advertisements in a major newspaper, the responses they received, how they ranked them,...
Persistent link: https://www.econbiz.de/10012463691