Showing 1 - 10 of 2,659
In this paper we explore perceptions of distributive justice in Latin America during the 2000s and its relationship … holds across very heterogeneous groups of the population. Moreover, perceptions evolved in the same direction as income … inequality for 17 out of the 18 countries for which microdata is available. Our analysis reveals unfairness perceptions are more …
Persistent link: https://www.econbiz.de/10011818721
. Furthermore, we analyze subjects' perceptions of the model and whether their behavior is consistent with their perceptions. The …, subjects have correct perceptions, although individual perceptions are biased. We finally show that deviations from the full …
Persistent link: https://www.econbiz.de/10010264726
We use survey data to demonstrate that individuals extrapolate from their peer groups when forming estimates about …) subjective perceptions affect individuals' investment intentions. …
Persistent link: https://www.econbiz.de/10013370144
experimental evidence that such perceptions of identity-relevant characteristics causally influence decision- making: if people … and administrative data, we show that negative perceptions strongly predict households' stock market participation, more …
Persistent link: https://www.econbiz.de/10014377149
experimental evidence that such perceptions of identity-relevant characteristics causally influence decisionmaking: if people view … administrative data, we show that negative perceptions strongly predict households' stock market participation, more so than leading … alternative determinants. Beyond investment decisions, perceptions predict individuals' polarizing behavior towards stockholders …
Persistent link: https://www.econbiz.de/10014374367
Cooperation can benefit and hurt firms at the same time. An important question then is: when is it better to cooperate. And how can an appropriate partner be selected? In this paper we present a model of inter-firm cooperation driven by cognitive distance, appropriability conditions and external...
Persistent link: https://www.econbiz.de/10010291823
We study communication in a static Cournot duopoly model under the assumption that the firms have unverifiable private information about their costs. We show that cheap talk between the firms cannot transmit any information. However, if the firms can communicate through a third party,...
Persistent link: https://www.econbiz.de/10010292012
This paper examines the implications that alternative regulatory structures may have for resolving failed banking institutions. We place our emphasis on the European Union (EU), which is both economically and financially large and has several features relating to cross-border banking in the form...
Persistent link: https://www.econbiz.de/10010292210
This paper examines the negative externalities that may occur when a large bank fails, describes the nature of those externalities, and explores whether they may be greater in a case involving a large cross-border banking organization. The analysis suggests that the chief negative externalities...
Persistent link: https://www.econbiz.de/10010292288
This paper presents a monetary-theoretic model to study the implications of networks' collection of personal identifying data and data security on each other's incidence and costs of identity theft. To facilitate trade, agents join clubs (networks) that compile and secure data. Too much data...
Persistent link: https://www.econbiz.de/10010292313