Showing 1 - 10 of 75
We develop models of markets with procrastinating consumers where competition operates - or is supposed to operate - both through the initial selection of providers and through the possibility of switching providers. As in other work, consumers fail to switch to better options after signing up...
Persistent link: https://www.econbiz.de/10015045453
We model an agent who stubbornly underestimates how much his behavior is driven by undesirable motives, and, attributing his behavior to other considerations, updates his views about those considerations. We study general properties of the model, and then apply the framework to identify novel...
Persistent link: https://www.econbiz.de/10015045460
We analyze efficient risk-sharing arrangements when coalitions may deviate. Coalitions form to insure against idiosyncratic income risk. Self-enforcing contracts for both the original coalition and any deviating coalition rely on a belief in future cooperation which we term \social capital". We...
Persistent link: https://www.econbiz.de/10012440472
Growing political polarization is often attributed to "echo chambers" among likeminded individuals and a lack of social interactions among contrary-minded individuals. We provide quasi-experimental evidence on the effects of in-person conversations on individual-level polarization outcomes,...
Persistent link: https://www.econbiz.de/10014475797
We investigate the role played by the social environment in the development of gender differences in competitiveness and earnings expectations. First, we find that the gender gap in competitiveness and earnings expectations is more pronounced among adolescents with low socioeconomic status...
Persistent link: https://www.econbiz.de/10014536337
We measure the prevalence of discrimination between Jordanian host and Syrian refugee children attending school in Jordan. Using a simple sharing experiment, we find only little discrimination. Among the Jordanian children, however, we see that those who descended from Palestinian refugees do...
Persistent link: https://www.econbiz.de/10012290542
This paper studies the relationship between patience and comparative development through a combination of reduced-form analyses and model estimations. Based on a globally representative dataset on time preference in 76 countries, we document two sets of stylized facts. First, patience is...
Persistent link: https://www.econbiz.de/10012320635
Many important intertemporal decisions are made by groups rather than individuals. What happens to collective decisions when there is internal conflict about the tradeoff between present and future has not been thoroughly investigated so far. We study experimentally the causal effect of group...
Persistent link: https://www.econbiz.de/10012420376
We investigate dynamically inconsistent time preferences across contexts with and without interpersonal trade-offs. In a longitudinal experiment participants make a series of intertemporal allocation decisions of real-effort tasks between themselves and another person. Our results reveal that...
Persistent link: https://www.econbiz.de/10012603358
Working time autonomy is often accompanied by output-based incentives to counterbalance the loss of monitoring that comes with granting autonomy. However, in such settings, overprovision of effort could arise if workers are uncertain whether their performance suffices to secure the output-based...
Persistent link: https://www.econbiz.de/10014374511