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Back to Bentham, Should We? Large-Scale Comparison of Experienced Versus Decision Utility

Akay, Alpaslan - 2017

', SWB has recently been compared to 'decision utility' using specific experiments, most often based on stated preferences …

Persistent link: https://www.econbiz.de/10012948690

The Subjective Inflation Expectations of Households and Firms : Measurement, Determinants, and Implications

Weber, Michael; D'Acunto, Francesco; Gorodnichenko, Yuriy; … - 2022

Households' and firms' subjective inflation expectations play a central role in macroeconomic and intertemporal microeconomic models. We discuss how subjective inflation expectations are measured, the patterns they display, their determinants, and how they shape households' and firms' economic...

Persistent link: https://www.econbiz.de/10014030510

Independent Individual Decision-Makers in Household Models and the New Home Economics

Grossbard, Shoshana Amyra - 2010

individual models presented in his theory of marriage. Decision-making models assuming independent individual household members …Much of the recent literature in household economics has been critical of unitary models of household decision … discusses another alternative: independent individual models of decision-making that don't make any specific assumptions of …

Persistent link: https://www.econbiz.de/10013139037

Bargaining Over Babies : Theory, Evidence, and Policy Implications

Doepke, Matthias - 2016

It takes a woman and a man to make a baby. This fact suggests that for a birth to take place, the parents should first agree on wanting a child. Using newly available data on fertility preferences and outcomes, we show that indeed, babies are likely to arrive only if both parents desire one, and...

Persistent link: https://www.econbiz.de/10012996539

The Effect of Language on Economic Behavior : Experimental Evidence from Children's Intertemporal Choices

Sutter, Matthias - 2015

According to Chen's (2013) linguistic-savings hypothesis, languages which grammatically separate the future and the present (like English or Italian) induce less future-oriented behavior than languages in which speakers can refer to the future by using present tense (like German). We complement...

Persistent link: https://www.econbiz.de/10013014019

When Experienced and Decision Utility Concur : The Case of Income Comparisons

Clark, Andrew E. - 2015

these two sets of results. This kind of validation of experienced utility via direct comparison with decision utility …

Persistent link: https://www.econbiz.de/10013016299

The Influence of Hidden Researcher Decisions in Applied Microeconomics

Huntington-Klein, Nick - 2020

Researchers make hundreds of decisions about data collection, preparation, and analysis in their research. We use a many-analysts approach to measure the extent and impact of these decisions. Two published causal empirical results are replicated by seven replicators each. We find large...

Persistent link: https://www.econbiz.de/10012833890

Overstrained Citizens? The Number of Ballot Propositions and the Quality of the Decision Process in Direct Democracy

Stutzer, Alois - 2019

We study how the number of ballot propositions affects the quality of decision making in direct democracy, as reflected … variation in the exposure to popular votes â€“ a high number of propositions impedes the quality of decision making in Swiss …

Persistent link: https://www.econbiz.de/10012868006

Incentives and the Allocation of Effort Over Time : The Joint Role of Affective and Cognitive Decision Making

Huffman, David - 2006

We use natural experiments - plausibly exogenous, anticipated increases in the piece rate - to study how effort responds to incentives. Our first finding, like some previous studies, lends little support to the view that incentives increase effort: raising the piece rate has zero effect on total...

Persistent link: https://www.econbiz.de/10012779112

Evaluating Alternative Representations of the Choice Sets in Models of Labour Supply

Aaberge, Rolf - 2006

During the last two decades, the discrete-choice modelling of labour supply decisions has become increasingly popular, starting with Aaberge et al. (1995) and van Soest (1995). Within the literature adopting this approach there are however two potentially important issues that are worthwhile...

Persistent link: https://www.econbiz.de/10012780622