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Single-Peaked preferences play an important role in the social choice literature. In this paper, we provide necessary and suffi cient conditions for observed behaviour to be consistent with a mixture model of single-peaked preferences for a given ordering of the alternatives.These conditions can...
Persistent link: https://www.econbiz.de/10013030890
When does business support the expansion of social policy in the developing world? Existing work on managers preferences has tended to concentrate on the developed world, where governments can credibly commit to policy, tax evasion is constrained, and mechanisms exist to hold the bureaucracy...
Persistent link: https://www.econbiz.de/10013031250
Is the variety of products supplied in markets a reflection of the diversity of consumers' preferences? In this paper, we argue that the distribution of durable goods offered in markets tends to be compressed relative to the distribution of consumers' underlying preferences. In particular, there...
Persistent link: https://www.econbiz.de/10013228053
This paper provides new evidence on the determinants of individual trade policy preferences using an individual-level data set identifying both stated trade policy preferences and potential trade exposure through several channels for the United States in 1992. There are two main empirical...
Persistent link: https://www.econbiz.de/10013229115
The paper provides conditions to identify the discount factor(s) and utility function in a infinite-horizon dynamic … choice set the agent will face in the future, then the discount factor and utility are identified without any strong … pre-commitment, the quasi-hyperbolic discounting model. Identifying the discount factor and utility allows us to identify …
Persistent link: https://www.econbiz.de/10013229772
Uncertainty-seeking behavior is currently understood as the result of loss aversion which motivates a preference for the possibility to avoid or lessen an otherwise sure loss. However, when choosing among negative options on behalf of others, we offer responsibility aversion as another possible...
Persistent link: https://www.econbiz.de/10013109755
The pregibit discrete choice model is built on a distribution that allows symmetry or asymmetry and thick tails, thin tails or no tails. Thus the model is much richer than the traditional models that are typically used to study behavior that generates discrete choice outcomes. Pregibit nests...
Persistent link: https://www.econbiz.de/10013110189
A small committee has to approve/reject a project with uncertain return. Members have different preferences: some are value-maximizers, others are biased towards approval. We focus on the efficient use of scarce information when communication is not guaranteed, and we provide insights on the...
Persistent link: https://www.econbiz.de/10013110436
We explore the impact of issue framing on individual attitudes toward international trade. Based on a survey experiment fielded in Argentina during 2007, which reproduces the setup of earlier studies in the United States, we show that individuals' position in the economy and material concerns...
Persistent link: https://www.econbiz.de/10013110820
model once the textbook assumption of separable agent utility is relaxed …
Persistent link: https://www.econbiz.de/10013111204