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Testing for intertemporal nonseparability
Crawford, Ian; Polisson, Matthew - 2013
, we compare the revealed preference conditions for rational habit formation and rational anticipation. We show that these …
Persistent link: https://www.econbiz.de/10010331047
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'Let me dream on!' Anticipatory Emotions and Preference for Timing in Lotteries
Kocher, Martin; Krawczyk, Michal; van Winden, Frans - 2009
We analyze one of the explanations why people participate in lotteries. Our hypothesis stipulates that part of the value that a unit of money buys in lotteries is consumed before the actual resolution in the form of emotions such as hope. In other words, a person holding a lottery ticket may...
Persistent link: https://www.econbiz.de/10010325695
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Anticipations and endogenous present bias
Galperti, Simone; Strulovici, Bruno - 2015
Persistent link: https://www.econbiz.de/10011545317
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Did the renewable fuel standard shift market expectations of the price of ethanol?
Baumeister, Christiane; Ellwanger, Reinhard; Kilian, Lutz - 2016
It is commonly believed that the response of the price of corn ethanol (and hence of the price of corn) to shifts in biofuel policies operates in part through market expectations and shifts in storage demand, yet to date it has proved difficult to measure these expectations and to empirically...
Persistent link: https://www.econbiz.de/10011585831
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Lags and Leads in Life Satisfaction: A Test of the Baseline Hypothesis
Clark, Andrew E.; Diener, Ed; Georgellis, Yannis; … - 2008
patterns of anticipation and adaptation are remarkably similar by sex. …
Persistent link: https://www.econbiz.de/10011600730
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Are Self-Employed Really Happier than Employees? An Approach Modelling Adaptation and Anticipation Effects to Self-Employment and General Job Changes
Hanglberger, Dominik; Merz, Joachim - 2011
-employed than for employees. We argue that those estimates in previous studies might be biased by neglecting anticipation and … adaptation effects. For testing we specify several models accounting for anticipation and adaptation to self-employment and job … with large negative anticipation effects. In contrast to recent literature we find no specific long term effect of self …
Persistent link: https://www.econbiz.de/10011601018
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Anticipation of future consumption: a monetary perspective
Faria, Joao Ricardo; McAdam, Peter - 2012
We adapt the (Sidrauski, 1967) monetary model to study the hypothesis of anticipation of future consumption. We assume … that anticipation of future consumption affects an agent's instantaneous utility and that all effects of future consumption …
Persistent link: https://www.econbiz.de/10011605493
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Did the Renewable Fuel Standard Shift Market Expectations of the Price of Ethanol?
Baumeister, Christiane; Ellwanger, Reinhard; Kilian, Lutz - 2016
It is commonly believed that the response of the price of corn ethanol (and hence of the price of corn) to shifts in biofuel policies operates in part through market expectations and shifts in storage demand, yet to date it has proved difficult to measure these expectations and to empirically...
Persistent link: https://www.econbiz.de/10011615837
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Anticipation of deteriorating health and information avoidance
Schünemann, Johannes; Strulik, Holger; Trimborn, Timo - 2019
The anticipation of bad future events reduces currently experienced happiness and it may through this channel elicit … aging into a life-cycle model, calibrate it with data from gerontology, and analyze how the anticipation of a deteriorating … we compare behavior and outcomes of anticipating and non-anticipating individuals and find that anticipation decreases …
Persistent link: https://www.econbiz.de/10011984408
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Anticipation of Deteriorating Health and Information Avoidance
Schünemann, Johannes; Strulik, Holger; Trimborn, Timo - 2019
The anticipation of bad future events reduces currently experienced happiness and it may through this channel elicit … aging into a life-cycle model, calibrate it with data from gerontology, and analyze how the anticipation of a deteriorating … we compare behavior and outcomes of anticipating and non-anticipating individuals and find that anticipation decreases …
Persistent link: https://www.econbiz.de/10012099075