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In this paper, a model of bounded rational investors investing their portfolio in a passive investment vehicle (e.g., an Exchange Traded Fund replicating a broad index) or an actively managed fund is presented. The model proposes that the quick reswitching of these short-term oriented investors...
Persistent link: https://www.econbiz.de/10010323727
Im Beitrag wird die Anwendbarkeit der in den Sozialwissenschaften prominenten Theorie der Rationalen Wahl auf die Erklärung von Entscheidungen zu multilokalem Wohnen diskutiert. Hierfür werden zunächst die zentralen Grundannahmen dargelegt, wonach Akteure danach streben, ihre Präferenzen und...
Persistent link: https://www.econbiz.de/10012219948
community and its members. Multilocal arrangements maintain or expand the possibilities for the household community as a whole … impositions of multilocality are mostly unequally distributed among household members, so that the dynamics of the negotiations …
Persistent link: https://www.econbiz.de/10012219957
been carried out separately. Merging these three household surveys into one joint survey from reporting year 2020 requires …
Persistent link: https://www.econbiz.de/10012234270
Economists typically evaluate policies based on how such policies affect individuals' utilities. We follow this approach by taking a welfarist view of the USA's espoused policy of promoting liberty in other parts of the world. However, we take a nuanced view by investigating the type of welfare...
Persistent link: https://www.econbiz.de/10010274745
We study paternalistic preferences in two large-scale experiments with participants from the general population in the United States. Spectators decide whether to intervene to prevent a stakeholder, who is mistaken about the choice set, from making a choice that is not aligned with the...
Persistent link: https://www.econbiz.de/10014281009
We study paternalistic preferences in two large-scale experiments with participants from the general population in the United States. Spectators decide whether to intervene to prevent a stakeholder, who is mistaken about the choice set, from making a choice that is not aligned with the...
Persistent link: https://www.econbiz.de/10014333774