The authors explore the role that choice of comparison groups plays in explaining impasse in teacher contract negotiations. They hypothesize that the negotiators select 'comparable' districts in a biased fashion such that teachers' salaries in districts that unions view as comparable are higher...

Slowing climate change will almost certainly require a reduction in greenhouse gas emissions, but agreement on who should reduce emissions by how much is difficult, in part because of the self-serving bias---the tendency to believe that what is beneficial to oneself is also fair. Conducting...

We study the effects of annuitization compared to spending down a lump-sum on consumption and subjective wellbeing. Analyzing longitudinal data on UK retirees before and after the pension reform that provided greater freedom to draw down savings, we find that annuitization increased retirees’...

We study the effects of annuitization compared to spending down a lump-sum on consumption and subjective wellbeing. Analyzing longitudinal data on UK retirees before and after the pension reform that provided greater freedom to draw down savings, we find that annuitization increased retirees’...

In this paper, we run a series of experiments in order to investigate one possible cause of inconsistency in people’s behavior and concerns regarding online privacy. Even though individuals claim that privacy is very important, many end up revealing considerable private information in online...