Showing 1 - 10 of 1,417
We document individual willingness to fight climate change and its behavioral determinants in a large representative sample of US adults. Willingness to fight climate change – as measured through an incentivized donation decision – is highly heterogeneous across the population. Individual...
Persistent link: https://www.econbiz.de/10012597131
Psychological game theory can provide a rational choice explanation of framing effects; frames influence beliefs, and beliefs influence motivations. We explain this point theoretically, and explore its empirical relevance experimentally. In a 2×2-factorial framing design of one-shot public good...
Persistent link: https://www.econbiz.de/10003385854
The net wealth accumulation of (grand)parents appears to be strongly determinative of the net wealth holdings of their adult (grand)children. While these general features are understood, few details are known about the persistence of wealth components that determine overall portfolio outcomes...
Persistent link: https://www.econbiz.de/10013249415
Since campaign contributions reveal the actor’s party leanings, they take place in a domain of social observation and are likely to be subject to social effects. We conducted a field experiment to identify some of these social effects. We sent letters to 92,000 contributors from all U.S....
Persistent link: https://www.econbiz.de/10014146325
Social interactions are considered pivotal to agglomeration economies. We explore a unique dataset on mobile phone calls to examine how distance and population density shape the structure of social interactions. Exploiting an exogenous change in travel times, we show that distance is highly...
Persistent link: https://www.econbiz.de/10011688211
We review select literature on racial and ethnic disparities in retirement outcomes and the impact of outreach on such outcomes. First, there are significant disparities in retirement outcomes, reflecting a long history of racism and structural barriers. Second, there is comparatively little...
Persistent link: https://www.econbiz.de/10013388812
This paper asks how income distribution affects individual well-being and tries to explore the idea that this relation depends on the degree of mobility and uncertainty in the economy. It mostly concentrates on the relation between satisfaction and reference income (defined as the income of...
Persistent link: https://www.econbiz.de/10008876150
The seminal studies by Allcott and Mullainathan (2010), Allcott (2011), and Allcott and Rogers (2014) suggest that social comparison-based home energy reports (HER) are a cost-effective non-price intervention to stimulate energy conservation. The present paper demonstrates the context-dependency...
Persistent link: https://www.econbiz.de/10011734802
This paper examines the effect of exposure to a culture of easier divorce as a minor on generalized trust using the … unilateral divorce reforms across the US. According to the results, the divorce revolution seems to have had some effect on trust … effects for women with an additional year of exposure being associated with a 4 percentage point lower generalized trust in …
Persistent link: https://www.econbiz.de/10010247345
Two ubiquitous empirical regularities in pay distributions are that the variance of wages increases with experience, and innovations in wage residuals have a large, unpredictable component. The leading explanations for these patterns are that over time, either firms learn about worker...
Persistent link: https://www.econbiz.de/10008689037