This paper investigates the roles psychological biases play in empirically estimated deviations between subjective survival beliefs (SSBs) and objective survival probabilities (OSPs). We model deviations between SSBs and OSPs through age-dependent inverse S-shaped probability weighting functions...

This paper investigates the roles psychological biases play in empirically estimated deviations between subjective survival beliefs (SSBs) and objective survival probabilities (OSPs). We model deviations between SSBs and OSPs through age-dependent inverse S-shaped probability weighting functions...

It is well known that female age at first marriage positively correlates with male income inequality. The common interpretation of this fact is that marital search takes longer when the pool of potential mates is more unequal. This paper challenges that interpretation with a novel econometric...