Showing 21 - 30 of 7,928
Persistent link: https://www.econbiz.de/10011460075
Persistent link: https://www.econbiz.de/10011564395
underlying Slutsky matrix norm (SMN) and some popular discrete revealed preference (RP) measures of departures from rationality …, such as the Afriat index. We show that testing rationality in the SMN aproach with finite data is equivalent to testing it … under the RP approach. We propose a way to "summarize" the departures from rationality in a systematic fashion in finite …
Persistent link: https://www.econbiz.de/10010472595
This paper examines the research area identified by Frey and Gallus (Aggregate Effects of Behavioral Anomalies: A New Research Area, 2014) and the relationship between it and the choices that economists make. It supports the Frey and Gallus view that, as a consequence of individuals employing...
Persistent link: https://www.econbiz.de/10010407517
Persistent link: https://www.econbiz.de/10010485904
Persistent link: https://www.econbiz.de/10009614412
Persistent link: https://www.econbiz.de/10011451649
In this paper, we attempt to shed light on whether Japanese households are rational or if their behavior is influenced by culture and social norms by examining their saving and bequest behavior. To summarize our main findings, we find that Japan's household saving rate showed great volatility,...
Persistent link: https://www.econbiz.de/10011478422
Persistent link: https://www.econbiz.de/10011406895
Persistent link: https://www.econbiz.de/10011386520