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Benjamin, Daniel J. - 2007

Social identities prescribe behaviors for people. We identify the marginal behavioral effect of these norms on discount rates and risk aversion by measuring how laboratory subjects' choices change when an aspect of social identity is made salient. When we make ethnic identity salient to...

Persistent link: https://www.econbiz.de/10012465341

Rational Inattention, Competitive Supply, and Psychometrics

Caplin, Andrew - 2018

competitive firm. We implement our recovery method in a purpose-built experiment. We quantitatively assess the trade-off between …

Persistent link: https://www.econbiz.de/10012480875

Learning and Disagreement in an Uncertain World

Acemoglu, Daron - 2006

Most economic analyses presume that there are limited differences in the prior beliefs of individuals, as assumption most often justified by the argument that sufficient common experiences and observations will eliminate disagreements. We investigate this claim using a simple model of Bayesian...

Persistent link: https://www.econbiz.de/10012466013

Confucianism and Preferences : Evidence from Lab Experiments in Taiwan and China

Liu, Elaine M. - 2013

This paper investigates how Confucianism affects individual decision making in Taiwan and in China. We found that Chinese subjects in our experiments became less accepting of Confucian values, such that they became significantly more risk loving, less loss averse, and more impatient after being...

Persistent link: https://www.econbiz.de/10012459046

The Behavioralist as Nutritionist : Leveraging Behavioral Economics To Improve Child Food Choice and Consumption

List, John A. - 2014

Childhood obesity has reached epidemic proportions in the U.S., with now almost a third of children ages 2-19 deemed … one aspect of childhood obesity: food choice and consumption. Using a field experiment where we include more than 1 …,500 children, we report several key insights. First, we find that individual incentives can have large influences: in the control …

Persistent link: https://www.econbiz.de/10012458532

Culture and Student Achievement : The Intertwined Roles of Patience and Risk-Taking

Hanushek, Eric A. - 2020

Patience and risk-taking - two cultural traits that steer intertemporal decision-making - are fundamental to human capital investment decisions. To understand how they contribute to international differences in student achievement, we combine PISA tests with the Global Preference Survey. We find...

Persistent link: https://www.econbiz.de/10012481339

Risky Behavior Among Youths : An Economic Analysis

Gruber, Jonathan - 2000

There are a host of potentially risky behaviors in which youth engage, which have important implications for both their well being as youth and their life prospects. The past decade has seen dramatic shifts in the intensity with which youths pursue these risky activities: for example, youth...

Persistent link: https://www.econbiz.de/10012470969

Effects of Taxes on Economic Behavior

Feldstein, Martin S. - 2008

This paper discusses how the effects of taxes on economic behavior are important for revenue estimation, for calculating efficiency effects, and for understanding short-term macroeconomoic consequences. The primary focus is on taxes on labor income but some attention is given to taxes on income...

Persistent link: https://www.econbiz.de/10012464903

Psychology and Economics : Evidence from the Field

DellaVigna, Stefano - 2007

The research in Psychology and Economics (a.k.a. Behavioral Economics) suggests that individuals deviate from the standard model in three respects: (i) non-standard preferences; (ii) non-standard beliefs; and (iii) non-standard decision-making. In this paper, I survey the empirical evidence from...

Persistent link: https://www.econbiz.de/10012465231

Behavioral Law and Economics

Jolls, Christine - 2007

economic assumption of unbounded rationality …

Persistent link: https://www.econbiz.de/10012465777

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