Showing 41 - 50 of 13,178
We study two dimensions of complexity that may interfere with individual choice. The first one is object complexity …, which corresponds to the difficulty in evaluating any given alternative in a choice set. The second dimension is composition …-with-evaluation-errors theory that incorporates both dimensions and delivers sharp empirical predictions about their effect on choice behavior. We …
Persistent link: https://www.econbiz.de/10012657945
The main objective of the study is to examine the determinants of urban housing choice in Debre Berhan town, Amhara … choice. Accordingly, it is found that age, gender, educational level, the price of the housing, years of residence, income of … the head and access to credit are the major the determinants of urban housing choice. This study suggests that town …
Persistent link: https://www.econbiz.de/10014001525
Freedom of choice is often thought to improve efficiency. We experimentally investigate the effect of giving workers a … choice between compensation schemes with and without a CSR component (CSR/NoCSR) on labor market participation decision and … workers a choice should not reduce their performance. Our results show that there are hidden costs associated with the right …
Persistent link: https://www.econbiz.de/10014469648
Voluntary actions are accompanied by a sense of control over this action and its effects. Forming an appropriate sense of control (or sense of agency) has widespread consequences of individual and societal relevance. Moreover, perceived control might serve as a powerful action motivator,...
Persistent link: https://www.econbiz.de/10014503390
The paper suggests that casting the choice problem in terms of alternative time-consuming activities can foster the …. The first part emphasizes how mainstream, utility-based choice theory has eradicated "time" from the analysis, in contrast …
Persistent link: https://www.econbiz.de/10010420300
Milton Friedman is famous for his book title: 'Free to Choose.' He also favors educational vouchers, which denies the freedom to choose to people who do not wish to subsidize the education of other people's children. Thus, he is guilty of a logical contradiction. Why is it important to assess...
Persistent link: https://www.econbiz.de/10010436073
The hypothesis of non-satiation of rational choice theory is very seldom posed under scrutiny, maybe because it is …
Persistent link: https://www.econbiz.de/10010480814
The paper suggests that casting the choice problem in terms of alternative time-consuming activities can foster the …. The first part emphasizes how mainstream, utility-based choice theory has eradicated "time" from the analysis, in contrast …
Persistent link: https://www.econbiz.de/10010487921
This paper investigates choice between opportunity sets. I argue that individuals may prefer to have fewer options for … two reasons: First, smaller choice sets may provide information and reduce the need for the agent to contemplate the … alternatives. Second, contemplation costs may be increasing in the size of the choice set, making smaller sets more desirable even …
Persistent link: https://www.econbiz.de/10010312510
party of his/her choice. Multiple full-edged governments would coexist in the same national territory at the same time, each … one sovereign only over the people who chose to vote for it - hence the name: Choice Democracy. Choice Democracy can be … cooperation and competition. We also provide evidence indicating that Choice Democracy would be viable in the real world. …
Persistent link: https://www.econbiz.de/10010316842