-level productivity and scale effects. I show here that the incorporation of theory-based endogenous markups into AGE models is not …

disadvantages are dispersed over numerous periods. We provide novel experimental evidence for “concentration bias”, the tendency to … days in exchange for a bonus that is concentrated in time: concentration bias increases subjects’ willingness to work by 22 … monetary payments, we study the mechanisms behind concentration bias and demonstrate the robustness of our findings …

. This may lead to exaggerated conservatism in the voting decision (status quo bias). To investigate how complexity affects …

Evidence from hypothetical scenarios strongly suggests the existence of a sunk cost bias, the tendency to ‘throw good … psychological channels underlying such a bias is scarce. We present a laboratory experiment designed to investigate the sunk cost … bias and to test some prominent psychological mechanisms. Inspired by the hypothetical scenarios, we use a two …

European countries for more than a decade, we estimate time-varying individual level bias in ‘survival expectations' (BSE) at …

fixed effects estimator, which ignores measurement errors, is biased. By correcting for the bias one can construct …