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When valuing risky prospects, people tend to overweight small probabilities and to underweight large probabilities. Nonlinear probability weighting has proven to be a robust empirical phenomenon and has been integrated in decision models, such as cumulative prospect theory. Based on a laboratory...
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We document an increase in intimate partner violence (IPV) against women in Sweden during the first wave of the Covid-19 pandemic, notwithstanding the famously lasseiz-faire approach taken by the coutry. We investigate the role of different mediating factors, affected by the pandemic, by the...
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This paper’s analysis of working conditions in Europe compares several aspects of job quality and wages, rather than relying on earnings as a sole indicator of workers’ well-being.We use a micro-level database of workers from 22 European countries to assess how global value chains (GVCs) and...
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We investigate the relationship between individual trust and individual economic performance. We find that individual income is hump-shaped in a measure of intensity of trust beliefs. Heterogeneity of trust beliefs in the population, coupled with the tendency of individuals to extrapolate...
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relative performance of EU countries on the Index over time. The study makes both a conceptual and an empirical contribution …
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