Showing 141 - 148 of 148
We survey 561 students from U.S. medical schools shortly after they submit choice rankings over residencies to the National Resident Matching Program. We elicit (a) these choice rankings, (b) anticipated subjective well-being (SWB) rankings, and (c) expected features of the residencies (such as...
Persistent link: https://www.econbiz.de/10011123619
A hallmark result within behavioral economics is that individuals' choices are affected by current endowments. A recent theory due to Kőszegi and Rabin (<link href="#jeea12084-bib-0010"/>, Quarterly Journal of Economics, 121, 1133–1165) explains such endowment effect with a model of expectations-based reference-dependent...
Persistent link: https://www.econbiz.de/10011035498
Persistent link: https://www.econbiz.de/10011038612
Would people choose what they think would maximize their subjective well-being (SWB)? We present survey respondents with hypothetical scenarios and elicit both choice and predicted SWB rankings of two alternatives. While choice and predicted SWB rankings usually coincide in our data, we find...
Persistent link: https://www.econbiz.de/10010561780
This paper proposes foundations and a methodology for survey-based tracking of well-being. First, we develop a theory in which utility depends on "fundamental aspects" of well-being, measurable with surveys. Second, drawing from psychologists, philosophers, and economists, we compile a...
Persistent link: https://www.econbiz.de/10010891234
Persistent link: https://www.econbiz.de/10014469135
Privacy considerations and their effects on behavior are becoming increasingly important. Yet the extremes of full and no privacy are rarely an option. How much does behavior change with small changes in privacy? Dekel et al. (2023) introduce the concept of privacy elasticity, the responsiveness...
Persistent link: https://www.econbiz.de/10015072845
National surveys are crucial for estimating key economic aggregates, including the unemployment rate, labor force participation, and household expenditures. The accuracy of these indicators is increasingly under scrutiny due to declining response rates and the consequent risk of nonresponse...
Persistent link: https://www.econbiz.de/10015072877