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Research on behavioral economics has established the importance of factors such as reference dependent preferences, hyperbolic discounting, and the value placed on non-financial rewards. To date, these insights have had little impact on the way the educational system operates. Through a series...
Persistent link: https://www.econbiz.de/10012460496
Productivity improvements within establishments (e.g., factories, mines, or retail stores) are an important source of aggregate productivity growth. Past research has documented that learning by doing-productivity improvements that occur in concert with production increases-is one source of such...
Persistent link: https://www.econbiz.de/10012460642
In determining the legality of online poker - a multibillion dollar industry - courts have relied heavily on the issue of whether or not poker is a game of skill. Using newly available data, we analyze that question by examining the performance in the 2010 World Series of Poker of a group of...
Persistent link: https://www.econbiz.de/10012461635
Measuring the relative likelihood of fatal crash involvement for different types of drivers would seem to require information on both the number of fatal crashes by driver type and the fraction of drivers on the road falling into each category. In this paper, however, we present a methodology...
Persistent link: https://www.econbiz.de/10014201834
We present a methodology for measuring the risks posed by drinking drivers that relies solely on readily available data on fatal crashes. The key to our identification strategy is a hidden richness inherent in two-car crashes. Drivers with alcohol in their blood are seven times more likely to...
Persistent link: https://www.econbiz.de/10014123585
While it is widely believed by academics, politicians and the popular press that incumbent members of Congress are rewarded by the electorate for bringing federal dollars to their district, the empirical evidence supporting that claim is extremely weak. One explanation for the failure to uncover...
Persistent link: https://www.econbiz.de/10014074761
In previous research, a substantial gap in test scores between White and Black students persists, even after controlling for a wide range of observable characteristics. Using a newly available data set (Early Childhood Longitudinal Study), we demonstrate that in stark contrast to earlier...
Persistent link: https://www.econbiz.de/10014115033
We present the results of a novel early childhood intervention in which disadvantaged 3-4-year-old children were randomized to receive a new preschool and parent education program focused on cognitive and non-cognitive skills (CogX) or to a control group that did not receive preschool education....
Persistent link: https://www.econbiz.de/10014091941
This chapter reviews empirical studies of criminal punishment and the criminal justice system by economists. Since the modern exposition of the economic model of criminal behavior, empirical economists have tested its predictions using variation in expected criminal punishments. In the past...
Persistent link: https://www.econbiz.de/10014023509
Persistent link: https://www.econbiz.de/10013440003