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This dissertation consists of three empirical chapters. The first chapter examines the extent to which real-world agents are rational in making quantitative expectations, an issue over which there is much debate. In this chapter dynamic models for new plant-level survey data are estimated in...
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We explore the implications of “nosy” preferences—when individuals have rankings over the specific actions of others—using recent theoretical results in the behavioral economics literature. Our model jointly captures preference interdependence over utilities (benevolence) and actions...
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