Narrow search
Showing 1 - 10 of 345
Cover Image
Do Workers Work More When Wages are High?
Fehr, Ernst; Goette, Lorenz - 2021
changes. We tested this prediction by conducting a randomized field experiment with bicycle messengers. In contrast to … control regarding the workers' anticipation of the wage increase. The evidence indicates that workers increase monthly working … preferences, since the wage in our experiment directly rewarded effort. We show that a simple model of loss averse, reference …
Persistent link: https://www.econbiz.de/10013319516
Cover Image
Time will tell : recovering preferences when choices are noisy
Alós-Ferrer, Carlos; Fehr, Ernst; Netzer, Nick - 2020 - This version: June 2020
The ability to uncover preferences from choices is fundamental for both positive economics and welfare analysis. Overwhelming evidence shows that choice is stochastic, which has given rise to random utility models as the dominant paradigm in applied microeconomics. However, as is well known, it...
Persistent link: https://www.econbiz.de/10012243088
Cover Image
Time will tell : recovering preferences when choices are noisy
Alós-Ferrer, Carlos; Fehr, Ernst; Netzer, Nick - 2018
assumptions on the structure of noise. This makes it impossible to empirically test the structure of noise independently from the …
Persistent link: https://www.econbiz.de/10011946760
Cover Image
Time will tell : recovering preferences when choices are noisy
Alós-Ferrer, Carlos; Fehr, Ernst; Netzer, Nick - 2018 - This version: October 2018
assumptions on the structure of noise. This makes it impossible to empirically test the structure of noise independently from the …
Persistent link: https://www.econbiz.de/10011929616
Cover Image
Time will tell : recovering preferences when choices are noisy
Alós-Ferrer, Carlos; Fehr, Ernst; Netzer, Nick - 2018 - This version: October 2018
assumptions on the structure of noise. This makes it impossible to empirically test the structure of noise independently from the …
Persistent link: https://www.econbiz.de/10011926039
Cover Image
Time Will Tell : Recovering Preferences When Choices are Noisy
Alós-Ferrer, Carlos - 2019
assumptions on the structure of noise. This makes it impossible to empirically test the structure of noise independently from the …
Persistent link: https://www.econbiz.de/10012892249
Cover Image
Time Will Tell : Recovering Preferences When Choices are Noisy
Alós-Ferrer, Carlos - 2018
assumptions on the structure of noise.This makes it impossible to empirically test the structure of noise independently from the …
Persistent link: https://www.econbiz.de/10012907827
Cover Image
Time Will Tell : Recovering Preferences when Choices Are Noisy
Alós-Ferrer, Carlos - 2020
The ability to uncover preferences from choices is fundamental for both positive economics and welfare analysis. Overwhelming evidence shows that choice is stochastic, which has given rise to random utility models as the dominant paradigm in applied microeconomics. However, as is well known, it...
Persistent link: https://www.econbiz.de/10012851055
Cover Image
Do Workers Work More When Wages Are High?
Fehr, Ernst; Götte, Lorenz - 2004
changes. We tested this prediction by conducting a randomized field experiment with bicycle messengers. In contrast to … control regarding the workers? anticipation of the wage increase. The evidence indicates that workers increase monthly working … preferences, since the wage in our experiment directly rewarded effort. We show that a simple model of loss averse, reference …
Persistent link: https://www.econbiz.de/10010261772
Cover Image
Do professional norms in the banking industry favor risk-taking?
Cohn, Alain; Fehr, Ernst; Maréchal, Michel André - 2017
In recent years, the banking industry has witnessed several cases of excessive risk-taking that frequently have been attributed to problematic professional norms. We conduct experiments with employees from several banks in which we manipulate the saliency of their professional identity and...
Persistent link: https://www.econbiz.de/10011624184