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Secular Changes in Late-Life Cognition and Well-Being: Towards a Long Bright Future with a Short Brisk Ending?
Gerstorf, Denis; Hülür, Gizem; Drewelies, Johanna; … - In: Psychology and Aging 30 (2015) 2, pp. 301-310
How sociocultural contexts shape individual functioning is of prime interest for psychological inquiry. Secular increases favoring later-born cohorts in fluid intelligence measures are widely documented for young adults. In the current study, we quantified such trends in old age using data from...
Persistent link: https://www.econbiz.de/10011282669
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Centralization versus Delegation in an Experimental Capital Budgeting Setting
Arnold, Markus C.; Gillenkirch, Robert M. - In: BuR - Business Research 4 (2011) 1, pp. 10-30
In an experiment, we model two stylized facts about capital budgeting practice, budgetary slack creation and delegation …
Persistent link: https://www.econbiz.de/10010421356
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Testing ambiguity theories with a mean-preserving design
Yang, Chun-Lei; Yao, Lan - In: Quantitative Economics 8 (2017) 1, pp. 219-238
(KMM) interpret ambiguity aversion as aversion against second-order risks associated with ambiguous acts. We design an … experiment where the decision maker draws twice with replacement in the typical Ellsberg two-color urns, but with a different … experiments. It appears that the ambiguity premium is partially paid to avoid the ambiguity issue per se, which is distinct from …
Persistent link: https://www.econbiz.de/10011995488
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Ellsberg meets Keynes at an urn
Chew, Soo-Hong; Miao, Bin; Zhong, Songfa - In: Quantitative Economics 14 (2023) 3, pp. 1133-1162
toward multiple-prior uncertainties in terms of ambiguity and its corresponding compound risk. Our findings point to a shared …
Persistent link: https://www.econbiz.de/10014536998
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Savage vs. Anscombe-Aumann: an experimental investigation of ambiguity frameworks
Oechssler, Jörg; Roomets, Alex - In: Theory and Decision 90 (2020) 3-4, pp. 405-416
The Savage and the Anscombe–Aumann frameworks are the two most popular approaches used when modeling ambiguity. The … former is more flexible, but the latter is often preferred for its simplicity. We conduct an experiment where subjects place …
Persistent link: https://www.econbiz.de/10014503445
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Eliciting risk preferences using choice lists
Freeman, David; Halevy, Yoram; Kneeland, Terri - In: Quantitative Economics 10 (2019) 1, pp. 217-237
. Using an experiment with online workers, we find that subjects choose the risky lottery rather than a sure payment …
Persistent link: https://www.econbiz.de/10012215371
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Who suffers from unemployment? The role of health and skills
Nilsson, Anton - In: IZA Journal of Labor Policy 4 (2015), pp. 1-24
Unemployment swings have distributional consequences if some groups are hit harder than others. We examine if the sensitivity to local unemployment rates varies by characteristics such as health, cognitive ability and non-cognitive ability. Data on these variables come from registers covering...
Persistent link: https://www.econbiz.de/10011606577
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Statistical and cognitive optimization of experimental designs in conjoint analysis
Huertas-García, Rubén; Nuñez Carballosa, Ana; … - In: European Journal of Management and Business Economics … 25 (2016) 3, pp. 142-149
Conjoint analysis has become the most used technique for measuring preferences for new products to be launched in the market. Experimental design models are key elements for its use in market research. Such models involve a matrix in which attributes and levels are combined, making product...
Persistent link: https://www.econbiz.de/10011946119
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Language proficiency and immigrants’ economic integration
Daley, Angela; Hu, Min; Warman, Casey - In: IZA World of Labor (2019)
Over recent decades, Western countries have admitted many immigrants from non-traditional regions (e.g. Philippines, India, China), which has coincided with poor economic integration. Language proficiency is an important determinant of economic integration; in addition to being a component of...
Persistent link: https://www.econbiz.de/10012269618
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Linking managers' emotional intelligence, cognitive ability and firm performance: Insights from Vietnamese firms
In: Cogent Business & Management 7 (2020) 1, pp. 1-22
The objective of our paper is to explore the impact of managers' emotional intelligence (EQ) and cognitive ability (IQ) on firm performance. In this regard, an experimental survey on managers from 623 textile and garments firms in Vietnam was conducted. We applied the International Positive...
Persistent link: https://www.econbiz.de/10012657263