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This paper argues that the usual framing of discussions of money, monetary policy, and fiscal policy plays into the hands of conservatives.That framing is also largely consistent with the conventional view of the economy and of society more generally. To put it the way that economists usually...
Persistent link: https://www.econbiz.de/10009665525
In a simple conceptual framework, we organize a multitude of phenomena related to the (mis)prediction of utility. Consequences in terms of distorted choices and lower wellbeing emerge if people have to trade-off between alternatives that are characterized by attributes satisfying extrinsic...
Persistent link: https://www.econbiz.de/10009766248
In a simple conceptual framework, we organize a multitude of phenomena related to the (mis)prediction of utility. Consequences in terms of distorted choices and lower wellbeing emerge if people have to trade-off between alternatives that are characterized by attributes satisfying extrinsic...
Persistent link: https://www.econbiz.de/10009753717
How can economic theory explain the reasons why consumers adopt innovations? Using the example of innovations in …
Persistent link: https://www.econbiz.de/10009236027
The findings of numerous replication studies in economics have raised serious concerns regarding the credibility and … and supplemental information section of each article for the availability of replication files. For a reduced sub …
Persistent link: https://www.econbiz.de/10011844098
Persistent link: https://www.econbiz.de/10011972172
Persistent link: https://www.econbiz.de/10011809594
education spending and teacher salaries falls when respondents receive information about existing levels. Treatment effects vary … by prior knowledge in a manner consistent with information effects rather than priming. Support for salary increases is …' lower support for increases. Information about the tradeoffs between specific spending categories shifts preferences from …
Persistent link: https://www.econbiz.de/10011565610
education spending and teacher salaries falls when respondents receive information about existing levels. Treatment effects vary … by prior knowledge in a manner consistent with information effects rather than priming. Support for salary increases is …' lower support for increases. Information about the tradeoffs between specific spending categories shifts preferences from …
Persistent link: https://www.econbiz.de/10011580916
comparative evidence on public preferences for education spending, we conduct representative experiments with information …, providing information about actual spending and salary levels reduces support for increased education spending from 54 to 40 … preferences are similar across the three countries when the role of status-quo and information are taken into account. …
Persistent link: https://www.econbiz.de/10012123030