Narrow search
Showing 1 - 10 of 390
Cover Image
How Business Income Measures Affect Income Inequality and the Tax Burden
Aaberge, Rolf; Modalsli, Jorgen Heibo; Francesconi, Marco; … - 2024
income, which identifies business income as it is earned by companies rather than when it is paid out as dividends to owners …
Persistent link: https://www.econbiz.de/10015175270
Cover Image
Stochastic choice and consideration sets
Manzini, Paola; Mariotti, Marco - 2012
We model a boundedly rational agent who suffers from limited attention. The agent considers each feasible alternative with a given (unobservable) probability, the attention parameter, and then chooses the alternative that maximises a preference relation within the set of considered alternatives....
Persistent link: https://www.econbiz.de/10010289884
Cover Image
Overconfident People Are More Exposed to "Black Swan" Events: A Case Study of Avalanche Risk
Bonini, Nicolao; Pighin, Stefania; Rettore, Enrico; … - 2015
Overconfidence is a well-established bias in which someone's subjective confidence in their own judgments is systematically greater than their objective accuracy. There is abundant anecdotal evidence that overconfident people increase their exposure to risk. In this paper, we test whether...
Persistent link: https://www.econbiz.de/10010531705
Cover Image
A salience theory of choice errors
Manzini, Paola; Mariotti, Marco - 2010
We study a psychologically based foundation for choice errors. The decision maker applies a preference ranking after forming a 'consideration set' prior to choosing an alternative. Membership of the consideration set is determined both by the alternative specific salience and by the rationality...
Persistent link: https://www.econbiz.de/10010269842
Cover Image
A Salience Theory of Choice Errors
Manzini, Paola; Mariotti, Marco - Institute for the Study of Labor (IZA) - 2010
We study a psychologically based foundation for choice errors. The decision maker applies a preference ranking after forming a 'consideration set' prior to choosing an alternative. Membership of the consideration set is determined both by the alternative specific salience and by the rationality...
Persistent link: https://www.econbiz.de/10008550521
Cover Image
Overconfident People Are More Exposed to "Black Swan" Events: A Case Study of Avalanche Risk
Bonini, Nicolao; Pighin, Stefania; Rettore, Enrico; … - Institute for the Study of Labor (IZA) - 2015
Overconfidence is a well-established bias in which someone's subjective confidence in their own judgments is systematically greater than their objective accuracy. There is abundant anecdotal evidence that overconfident people increase their exposure to risk. In this paper, we test whether...
Persistent link: https://www.econbiz.de/10011269609
Cover Image
Stochastic Choice and Consideration Sets
Manzini, Paola; Mariotti, Marco - Institute for the Study of Labor (IZA) - 2012
We model a boundedly rational agent who suffers from limited attention. The agent considers each feasible alternative with a given (unobservable) probability, the attention parameter, and then chooses the alternative that maximises a preference relation within the set of considered alternatives....
Persistent link: https://www.econbiz.de/10010697237
Cover Image
If you are so smart, why aren't you an entrepreneur? Returns to cognitive and social ability ; entrepreneurs versus employees
Hartog, Joop; van Praag, C. Mirjam; van der Sluis, Justin - 2008
questions: (1) To what extent does a composite measure of ability affect an entrepreneur's earnings relative to employees? (2 …) Do different cognitive abilities (e.g. math ability, language ability) and social ability affect earnings of … entrepreneurs and employees differently?, and (3) Does the balance in these measured ability levels affect an individual's earnings …
Persistent link: https://www.econbiz.de/10010277011
Cover Image
Returns to Returning: Who Went Abroad and What Does it Matter?
Co, Catherine Y.; Yun, Myeong-Su; Gang, Ira N. - 1998
selection issues are considered in the estimation of the earnings equation. The result that there is a ?premium? to work …
Persistent link: https://www.econbiz.de/10010277287
Cover Image
Parental leave and mothers' careers: The relative importance of job protection and cash benefits
Lalive, Rafael; Schlosser, Analia; Steinhauer, Andreas; … - 2011
Parental leave regulations in most OECD countries have two key policy instruments: job protection and cash benefits. This paper studies how mothers' return to work behavior and labor market outcomes are affected by alternative mixes of these key policy parameters. Exploiting a series of major...
Persistent link: https://www.econbiz.de/10010278325