Showing 1 - 6 of 6
We study two dimensions of complexity that may interfere with individual choice. The first one is object complexity, which corresponds to the difficulty in evaluating any given alternative in a choice set. The second dimension is composition complexity, which increases when suboptimal...
Persistent link: https://www.econbiz.de/10012657945
The standard economic choice model assumes that the decision maker chooses from <i>sets</i> of alternatives. In contrast, we analyze a choice model in which the decision maker encounters the alternatives in the form of a <i>list</i>. We present two axioms similar in nature to the classical axioms of choice...
Persistent link: https://www.econbiz.de/10011599363
Few theories in the social sciences have gained more widespread acceptance than Max Weber's The Protestant Ethic and the Spirit of Capitalism - despite a lack of conclusive empirical evidence. At the core of Weber's theory lies a connection between Protestantism and attitudes toward work. Using...
Persistent link: https://www.econbiz.de/10011600972
Supreme Court justices often vote along ideological lines. Is this due to a genuinely different interpretation of the law, or does it reflect justices' desire to resolve politically charged legal questions in accordance with their personal views? To learn more about the nature of decision-making...
Persistent link: https://www.econbiz.de/10011932014
We exploit the precise timing of natural disasters to provide empirical evidence on the connection between electoral accountability and politicians’ support for special interests. We show that, in the immediate aftermath of a disaster, the evening news substantially reduce their coverage of...
Persistent link: https://www.econbiz.de/10011957224
We implement a new approach for estimating the persuasive effects of political advertising. Our empirical strategy exploits FCC regulations that result in plausibly exogenous variation in the number of impressions across the borders of neighboring counties. Applying this approach to uniquely...
Persistent link: https://www.econbiz.de/10011451410