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We investigate risk preferences of a sample of hurricane Katrina evacuees shortly after they were evacuated and transported to Houston, and another sample from the same population taken a year later. We also consider a third sample of resident Houstonians with demographics similar to the Katrina...
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doi: http://dx.doi.org/10.4284/0038-4038-2012.221
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<title>Abstract</title> The authors detail an urban economics experiment that is easily run in the classroom. The experiment has a flexible design that allows the instructor to explore how congestion, zoning, public transportation, and taxation levels determine the bid--rent function. Heterogeneous agents in...
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It is commonly asserted that state leaders, when faced with poor domestic political conditions, have an incentive to engage in diversionary foreign policy behavior. The standard view is that an aggressive foreign policy benefits the executive by leading the public to ignore domestic problems and...
Persistent link: https://www.econbiz.de/10010812752
An abstract public goods setting is considered in which individually rational strategies lead to collectively irrational outcomes. Theorists argue that individual reputations can provide an important means for solving repeated versions of that public goods game. Numerous experimental findings...
Persistent link: https://www.econbiz.de/10010812771