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Benabou, Roland - 2000

This paper studies the interactions between an individual's self esteem and his social environment in the workplace, at school, and in personal relationships. Because a person generally has only imperfect knowledge of his own abilities, people who derive benefits from his performance (parent,...

Persistent link: https://www.econbiz.de/10012471184

Salience

Bordalo, Pedro; Gennaioli, Nicola; Shleifer, Andrei - National Bureau of Economic Research - 2021

We review the fast-growing work on salience and economic behavior. Psychological research shows that salient stimuli attract human attention "bottom up" due to their high contrast with surroundings, their surprising nature relative to recalled experiences, or their prominence. The Bordalo,...

Persistent link: https://www.econbiz.de/10012629494

Managing Self-Confidence : Theory and Experimental Evidence

Mobius, Markus M. - 2011

Evidence from social psychology suggests that agents process information about their own ability in a biased manner. This evidence has motivated exciting research in behavioral economics, but has also garnered critics who point out that it is potentially consistent with standard Bayesian...

Persistent link: https://www.econbiz.de/10012461644

Decision-Making under the Gambler's Fallacy : Evidence from Asylum Judges, Loan Officers, and Baseball Umpires

Chen, Daniel - 2016

We find consistent evidence of negative autocorrelation in decision-making that is unrelated to the merits of the cases considered in three separate high-stakes field settings: refugee asylum court decisions, loan application reviews, and major league baseball umpire pitch calls. The evidence is...

Persistent link: https://www.econbiz.de/10012026883

How People Use Statistics

Bordalo, Pedro; Conlon, John; Gennaioli, Nicola; Kwon, … - National Bureau of Economic Research - 2023

We document two new facts about the distributions of answers in famous statistical problems: they are i) multi-modal and ii) unstable with respect to irrelevant changes in the problem. We offer a model in which, when solving a problem, people represent each hypothesis by attending "bottom up" to...

Persistent link: https://www.econbiz.de/10014337863

Risky Behavior Among Youths : An Economic Analysis

Gruber, Jonathan - 2000

There are a host of potentially risky behaviors in which youth engage, which have important implications for both their well being as youth and their life prospects. The past decade has seen dramatic shifts in the intensity with which youths pursue these risky activities: for example, youth...

Persistent link: https://www.econbiz.de/10012470969

Economic Analysis of Social Interactions

Manski, Charles F. - 2000

rigor of modern economic analysis. Major theoretical developments in game theory, the economics of the family, and … endogenous growth theory have taken place. Economists have also performed new empirical research on social interactions, but the … empirical literature does not show progress comparable to that achieved in economic theory. This paper examines why and …

Persistent link: https://www.econbiz.de/10012471189

Applying Behavioral Economics to the Challenge of Reducing Cocaine Abuse

Higgins, Stephen T. - 1998

reinforcement and consumer-demand theory might be translated into effective strategies for reducing cocaine use. A broad range of …

Persistent link: https://www.econbiz.de/10012472318

The Behavioral Economics of Smoking

Bickel, Warren K. - 1998

Evidence that economic principles may be employed to predict the rates at which cigarettes are consumed is presented from several laboratory experiments. In these experiments, cigarette-deprived smokers were required to make a effortful response to earn cigarette puffs. Changing the number of...

Persistent link: https://www.econbiz.de/10012472361

Employment as a Drug Abuse Treatment Intervention : A Behavioral Economic Analysis

Silverman, Kenneth - 1998

Epidemiological data and experimental research in the fields of operant conditioning and behavioral economics suggest that employment may be useful in the treatment of drug abuse. The conditions under which employment should decrease drug use depends on a range of environmental contextual...

Persistent link: https://www.econbiz.de/10012472406

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