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In a unique undertaking, Andrew Yuengert explores and describes the limits to the economic model of the human being, providing an alternative account of human choice, to which economic models can be compared.
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A comparison of rational addiction and time inconsistency models of addiction highlights the complexities of model selection when researchers have goals in addition to empirical fit. Although currently the two models of addiction are underdetermined by data, each offers a different understanding...
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By incorporating a divided self into the rational addiction framework, this paper provides a rationale for and an explicit analysis of two types of budget-shrinking behaviors - actions taken to limit access to lifetime wealth in a given period, and actions taken to change the effective price of...
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This paper attempts to explain high rates of immigrant self-employment, relative to native workers. Three hypotheses are tested. Estimates of a two-sector model of earnings support the home-country self-employment hypothesis: immigrants from countries with larger self-employed sectors have...
Persistent link: https://www.econbiz.de/10008457668