Showing 1 - 10 of 166
intertemporal decisions. The theory has applications in areas as diverse as labour supply, savings and investment, or education and …
Persistent link: https://www.econbiz.de/10005136755
or religious precepts, etc.) through which people seek to achieve self-control. Our theory is based on the idea of self …
Persistent link: https://www.econbiz.de/10005136762
This paper studies the interactions between an individual's self-esteem and his social environment - in the workplace, at school, and in personal relationships. Because a person generally has only imperfect knowledge of his own abilities, people who derive benefits from his performance (parent,...
Persistent link: https://www.econbiz.de/10005656299
economic theory of human motivation. The first (‘type discontinuity’) is the observation of a discontinuity in the distribution …
Persistent link: https://www.econbiz.de/10005114276
In this paper we develop a theory of time-inconsistency and regret that is motivated by evidence on a 'price … experimental evidence on mail-in-rebates. We review a number of areas for which the theory may have important implications. …
Persistent link: https://www.econbiz.de/10005114356
even when they serve no economic function. We thus offer an alternative theory that explains why governments may optimally …
Persistent link: https://www.econbiz.de/10005504570
The centrality of an agent in a network has been shown to be crucial in explaining different behaviors and outcomes. In this paper, we propose an axiomatic approach to characterize a class of centrality measures for which the centrality of an agent is recursively related to the centralities of...
Persistent link: https://www.econbiz.de/10011083213
It is a persistent finding in psychology and experimental economics that people's behavior is not only shaped by outcomes but also by decision-making procedures. In this paper we develop a general framework capable of modelling these procedural concerns. Within the context of psychological games...
Persistent link: https://www.econbiz.de/10005039581
This Paper discovers significant differences between southern and northern Europeans in a dynamic version of the ‘trust game’ played by Ph.D. students from different nationalities at the European University Institute. Our version of the trust game allows subjects to choose the receivers to...
Persistent link: https://www.econbiz.de/10005067472
Most economic models are based on the self-interest hypothesis that assumes that all people are exclusively motivated by their material self-interest. In recent years experimental economists have gathered overwhelming evidence that systematically refutes the self-interest hypothesis and suggests...
Persistent link: https://www.econbiz.de/10005656392