Showing 1 - 10 of 55
Positive and negative feelings were central to the development of economics, especially in utility theory in classical … economics. While neoclassical utility theory ignored feelings, behavioral economics more recently reintroduced feelings in …
Persistent link: https://www.econbiz.de/10012981507
This paper uses the 2013 World Value Survey, as well as the 2016 and 2018 waves of the Arab Barometer, to analyze the dynamics of trust in public institutions in Lebanon. It finds strong evidence that confidence in most public institutions has decreased between 2013 and 2016. The evidence of...
Persistent link: https://www.econbiz.de/10012837906
. Recently economists' assumption of rational actors has come under sustained attack. Behavioural economics has suggested that …
Persistent link: https://www.econbiz.de/10013099108
The immense literature on discrimination treats outcomes as relative: One group suffers compared to another. But does a difference arise because agents discriminate against others – are exophobic – or because they favor their own kind – are endophilic? This difference matters, as the...
Persistent link: https://www.econbiz.de/10013082132
The internet and other large textual databases contain billions of documents: is there useful information in the number of documents written about different topics? We propose, based on the premise that the occurrence of a phenomenon increases the likelihood that people write about it, that the...
Persistent link: https://www.econbiz.de/10013324805
The welcome rise of replication tests in economics has not been accompanied by a single, clear definition of … fields of economics – should not be described as such. Adopting this definition can improve incentives for researchers …
Persistent link: https://www.econbiz.de/10013023398
In the New England Journal of Medicine, Longo and Drazen critically assessed the concept of data sharing. Their main concern is that a "new class of research person will emerge" that uses data, which were gathered by other researchers, for their own original research questions. The authors...
Persistent link: https://www.econbiz.de/10012993929
Based on a review of 700+ peer-reviewed articles since 1990, identified using text mining methodology and supervised machine learning, we analyze how neo-Schumpeterian growth theorists relate to the entrepreneur-centered view of Schumpeter (1934) and the entrepreneurless framework of Schumpeter...
Persistent link: https://www.econbiz.de/10014244277
We provide a tractable model of motivational goal bracketing by a present-biased individual, extending previous work to show that the main insights from models with rational goals carry over to a setting with non-rational goals. Goals motivate because they serve as reference points that make...
Persistent link: https://www.econbiz.de/10013244262
Economists have traditionally treated preferences as exogenously given. Preferences are assumed to be influenced by neither beliefs nor the constraints people face. As a consequence, changes in behaviour are explained exclusively in terms of changes in the set of feasible alternatives. Here we...
Persistent link: https://www.econbiz.de/10013120848