Search Results - subject:"Asset integration"

Mental zooming as variable asset integration in inter-temporal choice

Holden, Stein Terje; Sommervoll, Dag Einar; Tilahun, Mesfin - In: International journal of applied behavioral economics : … 11 (2022) 1, pp. 1-21

Persistent link: https://www.econbiz.de/10014282385

Magnitude effect in intertemporal allocation tasks

Sun, Chen; Potters, Jan - In: Experimental economics : a journal of the Economic … 25 (2022) 2, pp. 593-623

Persistent link: https://www.econbiz.de/10013184841

Magnitude effect in intertemporal allocation tasks

Sun, Chen; Potters, Jan - In: Experimental Economics 25 (2021) 2, pp. 593-623

budgets to be more fungible. The latter effect suggests that the degree of asset integration is increasing in the stake. …

Persistent link: https://www.econbiz.de/10014501381

Mental Zooming as Variable Asset Integration in Inter-temporal Choice

Holden, Stein T.; Sommervoll, Dag Einar; Tilahun, Mesfin - 2020

payouts. We model zooming as variable asset integration and ask whether this can explain the observed variation in discount …

Persistent link: https://www.econbiz.de/10012624504

Magnitude Effects and Utility Curvature in Inter-temporal Choice

Holden, Stein T.; Tilahun, Mesfin; Sommervoll, Dag Einar - 2020

utility curvature, variable asset integration or as magnitude effects in the discounting function. We find that modeling … magnitude effects through utility curvature at the same time as allowing for variable asset integration gives theoretically more … rates and limited and constant asset integration are rejected. More restricted but variable asset integration gives close to …

Persistent link: https://www.econbiz.de/10012624505

When is capital enough to get female microenterprises growing? Evidence from a randomized experiment in Ghana

Fafchamps, Marcel; Quinn, Simon; McKenzie, David; … - Department of Economics, Oxford University - 2011

Standard models of investment predict that credit-constrained firms should grow rapidly when given additional capital, and that how this capital is provided should not affect decisions to invest in the business or consume the capital. We randomly gave cash and in-kind grants to male- and...

Persistent link: https://www.econbiz.de/10011004392

When is capital enough to get female microenterprises growing? Evidence from a randomized experiment in Ghana

Fafchamps, Marcel; McKenzie; Quinn, Simon; Woodruff, … - Department of Economics, University of Warwick - 2011

Persistent link: https://www.econbiz.de/10010758450

Flight to Liquidity and Global Equity Returns

Goyenko, Ruslan; Sarkissian, Sergei - Volkswirtschaftliche Fakultät, … - 2010

Investment practice and academic literature suggest a great degree of interaction between the world’s stock markets and most liquid and safe assets, such as U.S. Treasuries. Using data from 46 markets and a 30-year time period, we examine the impact of “flight-to-liquidity” events on...

Persistent link: https://www.econbiz.de/10008765918

Risk Aversion and Expected Utility of Consumption over Time

Johansson-Stenman, Olof - Nationalekonomiska institutionen, Handelshögskolan - 2009

The calibration theorem by Rabin (2000) implies that seemingly plausible smallstake choices under risk imply implausible large-stake risk aversion. This theorem is derived based on the expected utility of wealth model. However, Cox and Sadiraj (2006) show that such implications do not follow...

Persistent link: https://www.econbiz.de/10005207242