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researchers especially in health economics emphasizing the policy importance of the phenomenon. Although the bias has been …
Persistent link: https://www.econbiz.de/10003910098
A large literature aims to establish a causal link between education and health using changes in compulsory schooling … light on this discussion by analyzing the health effects of a reform in Germany where total years of schooling for students … health effects for females while they are still in school. However, after graduation, females even seem to benefit from …
Persistent link: https://www.econbiz.de/10011663397
A large literature aims to establish a causal link between education and health using changes in compulsory schooling … light on this discussion by analyzing the health effects of a reform in Germany where total years of schooling for students … health effects for females while they are still in school. However, after graduation, females even seem to benefit from …
Persistent link: https://www.econbiz.de/10011645905
A large literature aims to establish a causal link between education and health using changes in compulsory schooling … light on this discussion by analyzing the health effects of a reform in Germany where total years of schooling for students … health effects for females while they are still in school. However, after graduation, females even seem to benefit from …
Persistent link: https://www.econbiz.de/10011657744
Two rationality arguments are used to justify the link between condi-tional and unconditional preferences in decision theory: dynamic consistencyand consequentialism. Dynamic consistency requires that ex ante contingentchoices are respected by updated preferences. Consequentialism states...
Persistent link: https://www.econbiz.de/10009249016
ambiguity may induce such behaviour.[...] …
Persistent link: https://www.econbiz.de/10009262201
Two rationality arguments are used to justify the link between conditional and unconditional preferences in decision theory: dynamic consistency and consequentialism. Dynamic consistency requires that ex ante contingent choices are respected by updated preferences. Consequentialism states that...
Persistent link: https://www.econbiz.de/10003874793
This paper's objective is to design a laboratory experiment to explore the effect of ambiguity on a subject's search … faced with ambiguity over wage distributions. …
Persistent link: https://www.econbiz.de/10010239264
I experimentally examine whether feedback about others' choices provides an anchor for decision-making under ambiguity … relative ambiguity attitude (compared to the peer's) significantly matters for shifts in individual attitudes, and that … dynamics considerably differ between gain and loss domains. For gains, learning to be comparably ambiguity averse increases the …
Persistent link: https://www.econbiz.de/10010364762
parameter in a generalized utility function. We find that ambiguity aversion varies across individuals, and with the level of … theoretical work on ambiguity builds on maxmin expected utility, our results provide evidence that MEU does not adequately capture …This paper provides a systematic analysis of individual attitudes towards ambiguity, based on laboratory experiments …
Persistent link: https://www.econbiz.de/10010365123