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Human capital investment by the poor : informing policy with laboratory experiments

Eckel, Catherine C.; Johnson, Cathleen; Montmarquette, … - In: Journal of economic behavior & organization : JEBO 95 (2013), pp. 224-239

Persistent link: https://www.econbiz.de/10010341073

When do fiscal consolidations lead to consumption booms? : lessons from a laboratory experiment

Geiger, Martin; Luhan, Wolfgang J.; Scharler, Johann - 2015

expansionary effects on consumption, despite a decline in current disposable income. Intuitively, people may accumulate a stock of … savings in anticipation of the consolidation and may start to reduce their savings to support consumption once it occurs. We … consumption, which supports the expectations channel. We also find that the expectations channel is more pronounced if the fiscal …

Persistent link: https://www.econbiz.de/10010509128

The pledging puzzle : how can revocable promises increase charitable giving?

Andreoni, James; Serra-Garcia, Marta - In: Management science : journal of the Institute for … 67 (2021) 10, pp. 6198-6210

Persistent link: https://www.econbiz.de/10012665789

An experimental test for stability of the transformation function in rank-dependent expected utility theory and order-dependent present value theory

Gigliotti, Gary Anthony; Sopher, Barry - 1998

We propose and analyze a generalization of present value maximization, 'time-order dependent present value (TODPV),' for intertemporal income choice. The model is analagous to the rank dependent expected utility model (RDEU) for choice under risk. The main feature of interest in the model is the...

Persistent link: https://www.econbiz.de/10011575238

An experimental test of the Lucas asset pricing model

Crockett, Sean; Duffy, John; Izhakian, Yehuda - In: The review of economic studies : RES 86 (2019) 2, pp. 627-667

Persistent link: https://www.econbiz.de/10012109380

The pledging puzzle : how can revocable promises increase charitable giving?

Andreoni, James; Serra-Garcia, Marta - 2019

What is the value of pledges if they are often reneged upon? In this paper we show - both theoretically and experimentally - that pledges can be used to screen donors and to better understand their motives for giving. In return, nonprofit managers can use the information they glean from pledges...

Persistent link: https://www.econbiz.de/10012129748