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How valuable are cognitive and social abilities for entrepreneurs’ incomes as compared to employees? We answer three questions: (1) To what extent does a composite measure of ability affect an entrepreneur's earnings relative to employees? (2) Do different cognitive abilities (e.g. math...
Persistent link: https://www.econbiz.de/10011376647
In this paper we investigate how cognitive ability and character skills influence behavior, success and the evolution of play towards Nash equilibrium in repeated strategic interactions. We study behavior in a p-beauty contest experiment and find striking differences according to cognitive...
Persistent link: https://www.econbiz.de/10010364492
Persistent link: https://www.econbiz.de/10010365624
efficiency advantage is solely driven by intelligence. We operationalize efficiency of health investment as the probability of …) healthy, (ii) ill (in hospital), and (iii) death. We use data from a Dutch cohort born around 1940 that links intelligence … tests at age 12 to later-life hospitalization and mortality records. The results suggest that higher Intelligence induces …
Persistent link: https://www.econbiz.de/10010464787
education choices and health, such as (ob- served) parental background and (unobserved) intelligence, may play an important role … measurement system using IQ tests to identify latent intelligence. Educational choices, surviving up to old age and medication use … all depend on observed individual factors and on latent intelligence. Based on the estimation results, we derive the …
Persistent link: https://www.econbiz.de/10011874515
In der folgenden Studie möchten wir ausgewählte Aspekte von intra- und intergenerationalen Umverteilungseffekten im System der bundesdeutschen Alterssicherung auf der Basis der Humankapitalheorie mit Simulationsmethoden analysieren. Falls es das Ziel der Politik ist, die Ungleichheit des...
Persistent link: https://www.econbiz.de/10003650247
Persistent link: https://www.econbiz.de/10003745150
Current open-source/peer-production technologies, such as forums, wikis and blogs, have enabled an unprecedented explosion of global knowledge sharing, but appear to be less successful at enabling collaborative deliberation (i.e. the systematic enumeration, analysis, and selection of solution...
Persistent link: https://www.econbiz.de/10003888705
While current online discussion tools such as email, chat, wikis, and web forums have been enormously successful at enabling unprecedented global knowledge sharing, they face significant limitations from the perspective of enabling effective large-scale deliberation around complex and...
Persistent link: https://www.econbiz.de/10003888712
Angesichts der aktuellen Diskussionen um die Bedeutung kognitiver Grundkompetenzen wie Lesen und Rechnen bei Kindern und Jugendlichen überrascht es, wie wenig empirische Studien es gibt, die sich mit der Bedeutung solcher Kompetenzen für berufliche Karrieren und Erwerbsverläufe Erwachsener...
Persistent link: https://www.econbiz.de/10003869793