Showing 1 - 10 of 16
Persistent link: https://www.econbiz.de/10011925189
Purpose: This paper formalizes long-term trajectories of human civilization as a scientific and ethical field of study. The long-term trajectory of human civilization can be defined as the path that human civilization takes during the entire future time period in which human civilization could...
Persistent link: https://www.econbiz.de/10013305731
It is known that presentation of a meaningful label (e.g., "The Teamwork Game") can influence decisions in economic games. A common view is that such labels cue associations to preexisting mental models of situations, a process here called frame selection. In the absence of such cues,...
Persistent link: https://www.econbiz.de/10010929020
We study a simple model of the job market, where workers are assigned to employers. We specify conditions under which the market is hierarchical in a natural sense. For such hierarchies, we can state explicit values for the earnings in the worker-optimal and employer-optimal solutions. This is a...
Persistent link: https://www.econbiz.de/10005649344
In markets with asymmetric information, only sellers have knowledge about the quality of goods. Sellers may of course make a declaration of the quality, but unless there are sanctions imposed on false declarations or reputations are at stake, such declarations are tantamount to cheap talk....
Persistent link: https://www.econbiz.de/10005575035
A gender difference in risk preferences, with women being more averse to risky choices, is a robust experimental finding. Speculating on the sources of this difference, Croson and Gneezy recently pointed to the tendency for women to experience emotions more strongly and suggested that feeling...
Persistent link: https://www.econbiz.de/10008550535
A recent survey of inequality (Norton and Ariely, Perspectives on Psychological Science, 6, 9-12) asked respondents to indicate what percent of the nation's total wealth is---and should be---controlled by richer and poorer quintiles of the U.S. population. We show that such measures lead to...
Persistent link: https://www.econbiz.de/10010618015
Mathematics is a fundamental tool of research. Although potentially applicable in every discipline, the amount of training in mathematics that students typically receive varies greatly between different disciplines. In those disciplines where most researchers do not master mathematics, the use...
Persistent link: https://www.econbiz.de/10010618022
In this reply, we reiterate the main point of our 2012 paper, which was that the measure of inequality used by Norton and Ariely (2011) was too difficult for it to yield meaningful results. We describe additional evidence for this conclusion, and we also challenge the conclusion that political...
Persistent link: https://www.econbiz.de/10010661315
Consider the simple question 'Imagine you and several others are to share a valuable resource; what allocation would you find maximally unfair?' Recent theoretical and empirical work of Eriksson and Simpson (in press) suggests that responses to this question taps important individual differences...
Persistent link: https://www.econbiz.de/10014178841