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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

Crime and Punishment Again : The Economic Approach with a Psychological Twist

Dickens, William T. - 1986

Akerlof and Dickens (1982) suggested that in a model of criminal behavior which considered the effects of cognitive dissonance, increasing the severity of punishment could increase the crime rate. This paper demonstrates that that conjecture was correct. With cognitive dissonance, people may...

Persistent link: https://www.econbiz.de/10012477191

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

On the Dynamics of Human Behavior : The Past, Present, and Future of Culture, Conflict, and Cooperation

Nunn, Nathan - National Bureau of Economic Research - 2022

I provide a theoretically-guided discussion of the dynamics of human behavior, focusing on the importance of culture (socially-learned information) and tradition (transmission of culture across generations). Decision-making that relies on tradition can be an effective strategy and arises in...

Persistent link: https://www.econbiz.de/10012938773

Inaccurate Statistical Discrimination

Bohren, J. Aislinn - 2019

Discrimination has been widely studied in economics and other disciplines. In addition to identifying evidence of discrimination, economists often categorize the source of discrimination as either taste-based or statistical. Categorizing discrimination in this way can be valuable for policy...

Persistent link: https://www.econbiz.de/10012479885

Long-Term Care of the Disabled Elderly : Do Children Increase Caregiving by Spouses?

Pezzin, Liliana E. - 2008

Do adult children affect the care elderly parents provide each other? We develop two models in which the anticipated behavior of adult children provides incentives for elderly parents to increase care for their disabled spouses. The "demonstration effect" postulates that adult children learn...

Persistent link: https://www.econbiz.de/10012464320

Governing Misvalued Firms

Kadyrzhanova, Dalida - 2014

Equity overvaluation is thought to create the potential for managerial misbehavior, while monitoring and corporate governance curb misbehavior. We combine these two insights from the literatures on misvaluation and governance to ask 'when does governance matter?' Examining firms with standard...

Persistent link: https://www.econbiz.de/10012458864

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