In this paper we question the hypothesis of full rationality in the context of job changingbehaviour, via simple econometric explorations on microdata drawn from WHIP (WorkerHistories Italian Panel). Workers´ performance is compared at the end of a three-year timewindow that starts when choices...

This book is the third volume of the Handbook of Computational Statisticsand covers the field of Data Visualization. In line with the companion volumes,it contains a collection of chapters by experts in the field to present readerswith an up-to-date and comprehensive overview of the state of the...

We use spline interpolation to approximate the subjective cumulative distribution function ofan economic agent over the future realization of a continuous (possibly censored) randomvariable. The method proposed exploits information collected using a small number ofprobability questions on...

Using data on annual individual labor income from three representative panel datasets(German SOEP, British BHPS, Australian HILDA) we investigate a) the selectivity of itemnon-response (INR) and b) the impact of imputation as a prominent post-survey means tocope with this type of measurement...

This paper examines the impact of self-reported work limitation on the labour forceparticipation of the Australian working age population. Five consecutive waves of theHousehold, Income and Labour Dynamics in Australia (HILDA) Survey are used toinvestigate this relationship...

When students themselves enjoy large degrees of freedom in determining the duration oftheir studies, it results in a fairly large degree of interindividual variance in terms of time-todegree.This paper investigates individual time-to-degree in a model where studentsdetermine the optimum...

Wissensmanagement - quo vadis? Eine Frage, die nicht unmittelbar eindeutig zu beantworten ist. Die Unternehmen stehen unzweifelhaft in den nächsten Jahren weiter vor umfassenden Strukturveränderungen. Dies liegt einerseits an den globalen, d.h. grenzenlosen und hyperaktiven wirtschaftlichen...

Das Thema Business Rules rückt seit einer Reihe von Jahren zunehmend in den Mittelpunkt des Interesses von IT-Anwendern, so dass es nahe liegt, sich diesem Ansatz verstärkt zuzuwenden. Mittels Business Rules kann betriebliche Anwendungssoftware und damit letztlich das Unternehmen schneller auf...

We replicate three pricing tasks of Gneezy, List and Wu (2006) for which they document the so called uncertainty effect, namely that people value a binary lottery over non-monetary outcomes less than other people value the lottery’s worse outcome. Unlike the authors who implement a verbal...

I examine how financial incentives interact with intrinsic motivation and especially cognitive abilities in explaining heterogeneity in performance. Using a forecasting task with varying cognitive load, I show that the effectiveness of high-powered financial incentives as a stimulator of...