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Optimal Travel Restrictions in Epidemics

Shi, Wei; Qiu, Yun; Yu, Pei; Chen, Xi - 2022

Travel restrictions are often imposed to limit the spread of infectious diseases. As uniform restrictions can be inefficient and incur unnecessarily high costs, this paper examines the optimal design of restrictions that target specific travel routes. We propose a model with trade-offs between...

Persistent link: https://www.econbiz.de/10014083692

Effect of Perceptions and Behaviour on Access to and Use of Financial Service : Evidence from South Africa

Annim, Samuel Kobina - 2012

This study investigates the effect of financial perception and behaviour on; (a) general accounts and services, (b … three estimations support the hypothesis that financial perception has a greater effect on the decision to access and use … behaviour is greater than financial perception when making decisions on the take-up and use of investment financial services. It …

Persistent link: https://www.econbiz.de/10013096463

After You. Cognition and Health-Distribution Preferences

Brun, Martín; D'Ambrosio, Conchita; Ferrer-i-Carbonell, Ada - 2023

that emphasise circumstances rather than outcomes or effort. We link preferences to previously-measured cognition, and find … that high-cognition individuals are 35% more likely to always support such schemes. These preferences are not driven by … perception of less equality of opportunity in society: despite having similar ideals about the role that effort and luck should …

Persistent link: https://www.econbiz.de/10014356705

Passive Choices and Cognitive Spillovers

Altmann, Steffen - 2019

Passive behavior is ubiquitous - even when facing various alternatives to choose from, people commonly fail to take decisions. This paper provides evidence on the cognitive foundations of such "passive choices" and studies implications for policies that encourage active decision-making. In an...

Persistent link: https://www.econbiz.de/10012870144

Fungibility, Labels, and Consumption

Abeler, Johannes; Marklein, Felix - 2021

Fungibility of money is a central principle in economics. It implies that any unit of money is substitutable for another and that the composition of income is irrelevant for consumption. We find in a field experiment that even in a simple, incentivized setup many subjects do not treat money as...

Persistent link: https://www.econbiz.de/10013325156

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

Cognitive, Socioemotional and Behavioral Returns to College Quality

Dasgupta, Utteeyo - 2017

We exploit the variation in the admissions cutoffs across colleges of a leading Indian university in a regression discontinuity framework to estimate the causal effects of enrolling in a selective college on: cognitive attainment, behavioral preferences, and Big Five personality. We find that...

Persistent link: https://www.econbiz.de/10012958041

Maternal Investments in Children : The Role of Expected Effort and Returns

Bhalotra, Sonia - 2020

We investigate the importance of subjective expectations of returns to and effort costs of the two main investments that mothers make in newborns: breastfeeding and stimulation. We find heterogeneity across mothers in expected effort costs and expected returns for outcomes in the cognitive,...

Persistent link: https://www.econbiz.de/10012838491

Can't Buy Mommy's Love? Universal Childcare and Children's Long-Term Cognitive Development

Felfe, Christina - 2012

What happens to children's long-run cognitive development when introducing universal high-quality childcare for 3-year olds mainly crowds out maternal care? To answer this question we exploit a natural experiment framework and employ a difference-in-difference approach. We find sizable...

Persistent link: https://www.econbiz.de/10013096448

Feeling Good or Feeling Better?

Prati, Alberto - 2020

Can people remember correctly their past well-being? We study three national surveys of the British, German and French population, where more than 50,000 European citizens were asked questions about their current and past life satisfaction. We uncover systematic biases in recalled subjective...

Persistent link: https://www.econbiz.de/10012835880