Showing 1 - 10 of 464
This paper proposes a simple framework to model contextual influences on procedural decision making. In terms of …
Persistent link: https://www.econbiz.de/10013311714
and decision time. Overall, the data show that more people follow the default if the nudge is made transparent. More … importantly, though, effects of transparency differ depending on whether people are fast or slow in their decision making. In … particular, (only) slow decision makers react more positively (keeping the default) if nudging is made transparent. Moreover, the …
Persistent link: https://www.econbiz.de/10014345559
Many committees—juries, political task forces, etc.—spend time gathering costly information before reaching a decision … decision accuracies over time. Furthermore, groups using majority rule yield especially hasty and inaccurate decisions …
Persistent link: https://www.econbiz.de/10013311705
We consider a consumption model that takes into account the valuation and demand uncertainties that consumers face while using access services. Typical examples of such services include telecommunication services, extended warranties for consumer electronics, and club memberships. We demonstrate...
Persistent link: https://www.econbiz.de/10010280840
We demonstrate that heat inhibits learning and that school air-conditioning mitigates this effect. Student fixed effects models using 10 million PSAT-retakers show hotter school days in years before the test reduce scores, with extreme heat being particularly damaging. Weekend and summer heat...
Persistent link: https://www.econbiz.de/10012892281
We estimate a Ricardian model of Western European agricultural land values using farm-level data. We model the effect of temperature on land values using a flexible specification of daily mean temperature to test if there are temperature threshold effects. Results indicate that there are no...
Persistent link: https://www.econbiz.de/10012892286
I propose a new conceptual framework to disentangle the impacts of weather and climate on economic activity and growth …: A stochastic frontier model with climate in the production frontier and weather shocks as a source of inefficiency. I … in both rich and poor countries; positively in cold countries and negatively in hot ones. Weather anomalies reduce …
Persistent link: https://www.econbiz.de/10013239329
There is limited public discourse and understanding about the history and science of weather and climate intervention …, though scientists have researched, tested and implemented numerous methods of weather modification for six decades. Also … change and associated increasing occurrence of extreme weather events, there has not been a more providential moment to …
Persistent link: https://www.econbiz.de/10012872068
We use a multilevel approach to characterize the relationship between weather shocks and (internal and international …) migration intentions. We combine individual survey data on migration intentions with measures of localized weather shocks for … the specification of weather anomalies that maximizes the goodness of fit of our empirical model. We then use this best …
Persistent link: https://www.econbiz.de/10012842387
weather on migration. This effect is driven by the role of trust in increasing adaptive capacity. However, for severe …
Persistent link: https://www.econbiz.de/10012823562