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Threshold models have been widely used to analyze interdependent behavior, yet empirical research identifying people's thresholds is nonexistent. We introduce an incentivized method for eliciting thresholds and use it to study support for affirmative action in a large, stratified sample of the...
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We investigate the relationship between physical attractiveness and the time people devote to video/computer gaming. Average American teenagers spend 2.6% of their waking hours gaming, while for adults this figure is 2.7%. Using the American Add Health Study, we show that adults who are...
Persistent link: https://www.econbiz.de/10015056132
The work provides a method for classifying blockchains and crypto-assets, facilitating their comparison for business and regulatory purposes. Blockchains - and more generally systems based on Distributed Ledger Technology (DLT) - adopt different technologic configurations, each distinguished by...
Persistent link: https://www.econbiz.de/10014555686
We find that non-white buyers purchase at a premium when buying from sellers from outside their group. Consistent with predictions from theoretical models, we find higher premiums in supply-constrained markets. Leveraging exogenous variation in racial segregation, we find that racial segregation...
Persistent link: https://www.econbiz.de/10015056140
We provide theory and evidence that relative price shocks can cause aggregate inflation and act as aggregate supply shocks. Empirically, we show that exogenous positive energy price shocks have a positive impact not only on headline but also on U.S. core inflation while depressing U.S. real...
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