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The value of health - Empirical issues when estimating the monetary value of a QALY based on well-being data
Himmler, Sebastian; Stöckel, Jannis; van Exel, N. J. A.; … - 2020
In a 'smart' electricity distribution network, flexible distribution resources (FDRs) can be coordinated to improve efficiency. But coordination enables whoever controls such resources to exercise market power. The paper establishes the following efficiency rankings of market structures:...
Persistent link: https://www.econbiz.de/10012270877
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On the interpretation of non-cognitive skills: What is being measured and why it matters
Humphries, John Eric; Kosse, Fabian - 2016
measured into underlying personality traits and economic preferences. We demonstrate that the construction of the non …
Persistent link: https://www.econbiz.de/10011574115
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"How Many Hours Would you Want to Work a Week?": Job Quality and the Omitted Variables Bias in Labour Supply Models
Steiber, Nadia - 2008
This paper sets out to provide an understanding of how individuals form their preferences over the extent of their paid … work involvement - their working time preferences - in different work environments and societal contexts. The main … objective of the empirical analysis is to investigate how preferences of this kind are constructed at the individual level and …
Persistent link: https://www.econbiz.de/10011600766
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On the Economics and Biology of Trust
Fehr, Ernst - 2008
primitives such as preferences and beliefs. I review strong biological and behavioral evidence indicating that trusting is not … just a special case of risk-taking, but based on important forms of social preferences such as betrayal aversion … preferences and beliefs, and it suggests ways to examine and interpret a causal role of trust. …
Persistent link: https://www.econbiz.de/10011600798
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Parental separation and the formation of economic preferences
Dahmann, Sarah Christina; Kettlewell, Nathan; Lam, Jack - 2022
. Moreover, for both trust and risk, we find that separation attenuates the transmission of preferences from father to child …
Persistent link: https://www.econbiz.de/10013164141
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Limited self-knowledge and survey response behavior
Falk, Armin; Neuber, Thomas; Strack, Philipp - 2021
We study response behavior in surveys and show how the explanatory power of selfreports can be improved. First, we develop a choice model of survey response behavior under the assumption that the respondent has imperfect self-knowledge about her individual characteristics. In panel data, the...
Persistent link: https://www.econbiz.de/10012643582
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"How Many Hours Would you Want to Work a Week?": Job Quality and the Omitted Variables Bias in Labour Supply Models
Steiber, Nadia - Forschungsbasierte Infrastruktureinrichtung … - 2008
This paper sets out to provide an understanding of how individuals form their preferences over the extent of their paid … work involvement - their working time preferences - in different work environments and societal contexts. The main … objective of the empirical analysis is to investigate how preferences of this kind are constructed at the individual level and …
Persistent link: https://www.econbiz.de/10005017463
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On the Economics and Biology of Trust
Fehr, Ernst - Forschungsbasierte Infrastruktureinrichtung … - 2008
primitives such as preferences and beliefs. I review strong biological and behavioral evidence indicating that trusting is not … just a special case of risk-taking, but based on important forms of social preferences such as betrayal aversion … preferences and beliefs, and it suggests ways to examine and interpret a causal role of trust. …
Persistent link: https://www.econbiz.de/10005018701
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Labour Supply and Commuting
Gutiérrez-i-Puigarnau, Eva; van Ommeren, Jos - 2009
We examine the effect of commuting on labour supply patterns. A labour supply model is introduced which shows that commuting distance increases daily workhours, whereas the effect on total labour supply is ambiguous. This paper addresses these issues empirically using the socio-economic panel...
Persistent link: https://www.econbiz.de/10011600866
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Start Time and Worker Compensation: Implications for Staggered-Hours Programs
Gutiérrez-i-Puigarnau, Eva; van Ommeren, Jos N. - 2010
There is little known about the effects of staggered-hours programs that affect workers' working schedules to mitigate peak congestion. We examine the effect of workers' morning start times on their wages for Germany. In contrast to previous work based on cross-section data, we demonstrate that...
Persistent link: https://www.econbiz.de/10011600952