This paper investigates whether risk preferences inform the decision of how much to put into the public account in the public goods game under the three different frames (the two house money effect frames: the standard and covered-loss frames, as well as the real-loss frame). The main...

This study examines the determinants of economics undergraduates' academic performance in the top national universities of Singapore and Malaysia: the National University of Singapore (NUS) and the University of Malaya (UM). Using three basic components of economics as the dependent variable,...

From 1979, the Singapore government started to transform the nature of secondary education in Singapore. In 1979, nine schools were chosen as Special Assistance Plan (SAP) schools. After the call towards reforming the school system in the 1980s, the development of Independent schools evolved. In...

A variation of the contingent valuation model is used to determine the value of a special education school in Singapore. Shapley values have long been used in game theory in determining value in n-tuple games. An extension of the Shapley value is used in this exercise to show how it may be...

Two gambles are presented in this article along with two treatments which allow us to test for inequality aversion without having to consider risk aversion. This work complements existing studies by extending it to the gambling environment. In gambling decisions made from a ‘losses from an...

This paper introduces a rich experimental environment which allows one to control for possible status quo effects as well as the "anticipatory fear of loss" inherent in gambles by framing scenarios in terms of gains and losses. A total of 162 undergraduates — Africans, Caucasians, Singaporeans...

Economics majors are often assumed to lack civic mindedness. The purpose of this paper then is to demonstrate how by engaging students in the proper understanding of contingent valuation (CV) methodology and by evaluating a social service, we can improve student outcomes in two areas: increasing...

As female labour force participation in the workforce increases in Singapore, the basic economic unit—the home—has become wealthier, although arguably at the expense of both personal and family leisure. Yet with additional income, breadwinners are better able to undertake investment for...

The current Australian migration program rewards applicants for possessing Australian tertiary qualifications. This study examines whether such qualifications help mitigate the labour market disadvantages faced by immigrants in Australia. The effect of host country qualification on labour market...