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New York City cab drivers' labor supply revisited : reference-dependent preferences with rational-expectations targets for hours and income
Crawford, Vincent P.; Meng, Juanjuan - In: The American economic review 101 (2011) 5, pp. 1912-1932
Persistent link: https://www.econbiz.de/10009302129
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New York City cabdrivers' labor supply revisited : reference-dependence preferences with rational-expectations targets for hours and income
Crawford, Vincent P. (contributor);  … - 2008
Persistent link: https://www.econbiz.de/10003782376
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New York City Cabdrivers’ Labor Supply Revisited : Reference-Dependent Preferences with Rational-Expectations Targets for Hours and Income
Crawford, Vincent P. - 2011
This paper proposes a model of cabdrivers' labor supply, building on Henry S. Farber's (2005, 2008) empirical analyses and Botond Kőszegi and Matthew Rabin's (2006; henceforth “KR”) theory of reference-dependent preferences. Following KR, our model has targets for hours as well as income,...
Persistent link: https://www.econbiz.de/10013124667