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Skill reputation, prospect theory, and regret theory

Harbaugh, Richmond - 2002

help explain several anomalies associated with prospect theory, including probability weighting, loss aversion, and framing …. Prospect theory's four-fold pattern of probability weighting predicts that decision makers favor long-shots, avoid near sure … those of prospect theory, they differ in some cases, allowing for tests between the theories. The theoretical predictions …

Persistent link: https://www.econbiz.de/10010272010

Don't give up on me baby: spousal correlation in smoking behaviour

Clark, Andrew E.; Etilé, Fabrice - 2005

We use nine waves of BHPS data to examine interactions between spouses in terms of a behaviour with important health repercussions: cigarette smoking. Correlation between partners' behaviours may be due to correlated effects, as a consequence of matching or information revealed by others'...

Persistent link: https://www.econbiz.de/10010272016

An assignment model with divorce and remarriage

Chiappori, Pierre-André; Iyigun, Murat; Weiss, Yoram - 2008

We develop a two-sided matching model with positive sorting, divorce and remarriage. Match quality for each couple is revealed ex post and those with poor draws divorce. Competition determines lifetime expected utilities but per-period utilities depend on the laws that govern the distribution of...

Persistent link: https://www.econbiz.de/10010272030

Testing for poverty dominance: an application to Canada

Chen, Wen-Hao; Duclos, Jean-Yves - 2008

The paper proposes and applies statistical tests for poverty dominance that check for whether poverty comparisons can be made robustly over ranges of poverty lines and classes of poverty indices. This helps provide both normative and statistical confidence in establishing poverty rankings across...

Persistent link: https://www.econbiz.de/10010272033

Closing the gap between absolute and relative measures of localization, concentration or specialization

Bickenbach, Frank; Bode, Eckhardt; Krieger-Boden, Christiane - 2010

This paper solves one of the puzzles in the analysis of regional and industrial distributions of economic activity, the discrepancy between absolute and relative measures. It shows that the difference between an absolute and a relative Theil index of localization can be expressed in terms of...

Persistent link: https://www.econbiz.de/10010272103

European economic integration in econometric modelling: Concepts, measures and illustration

Krieger-Boden, Christiane; Soltwedel, Rüdiger - 2010

Processes of regional economic integration have been shaping the economic relations between countries significantly during the last decades. In addition, an increasing integration of the national economies into the global economy has affected these economic relations, too. In an effort to...

Persistent link: https://www.econbiz.de/10010272106