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This paper aims to contribute to the extensive study of the World Bank Commission on Growth and Development by a case study of the Turkish automotive and the consumer electronics industries. Despite a macroeconomic environment that inhibits investment and growth, both industries have achieved...
Persistent link: https://www.econbiz.de/10010277268
We study political dynasties in the United States Congress since its inception in 1789. We document patterns in the evolution and profile of political dynasties, study the self-perpetuation of political elites, and analyze the connection between political dynasties and political competition. We...
Persistent link: https://www.econbiz.de/10010318863
modeling of framing that focuses on the subjective statistical dependence between prizes of compared lotteries. Unlike existing … framing. A distinct advantage of the proposed general descriptive model of choice is its ability to adequately explain a wide …
Persistent link: https://www.econbiz.de/10010336064
We use the Twitter-based Hedonometer happiness index to study the link between happiness and gold price changes. We …
Persistent link: https://www.econbiz.de/10013208864
A nudge is a paternalistic government intervention that attempts to improve choices by changing the framing of a …
Persistent link: https://www.econbiz.de/10011663169
This paper compares the choice of focal points in a Nash Demand Game embedded in an abstract frame with the corresponding choices in a game with a real product frame where parties bargain for a well-known consumer product. We find that the frame has a substantial impact on the fraction of...
Persistent link: https://www.econbiz.de/10013208577
We investigate framing effects in a large-scale public good experiment. We measure indicators of explanations … framing effects. The model captures potential causal effects and the behavioral heterogeneity of cooperation variability. We … find that framing only has a small effect on the average level of cooperation but a substantial effect on behavioral …
Persistent link: https://www.econbiz.de/10013208635
In modern elections, ideologically motivated candidates with a wealth of information about individual voters and sophisticated campaign strategies are faced by voters who lack awareness of some political issues and are uncertain about the exact political positions of candidates. We study to what...
Persistent link: https://www.econbiz.de/10010507618
A nudge is a non-coercive paternalistic intervention that attempts to improve choices by manipulating the framing of a …
Persistent link: https://www.econbiz.de/10011282524
Traditionally, economists make a sharp distinction between stated and revealed preferences, viewing the latter as more fully meeting the assumptions of economic analysis. Here, we consider one form of empirical evidence regarding this belief: the consistency of choices in stated and revealed...
Persistent link: https://www.econbiz.de/10010315548