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the desire to send positive signals to others about one's own skill; this suggests a either a bias in judgment, strategic … lying, or both. We provide evidence that personality traits strongly affect relative ability judgments in a pattern that is …
Persistent link: https://www.econbiz.de/10010269888
- personality traits, goals, motivations, and preferences that are valued in the labor market, in school, and in many other domains …
Persistent link: https://www.econbiz.de/10010282367
With ageing populations and a stronger reliance on individual financial decision-making concerning asset portfolios … changes in the early life economic environment on late life cognition. In European countries, about three to four economic …
Persistent link: https://www.econbiz.de/10010280717
Since interventions by the public sector generally commit substantial societal resources, the evaluation of effects and costs of policy interventions is imperative. This paper outlines why program evaluation should follow well-respected scientific standards and why it should be performed by...
Persistent link: https://www.econbiz.de/10010262297
valuation tasks. Also, adding context to the decision problem does not change this outcome. No ratio bias could be found in …The ratio bias - according to which individuals prefer to bet on probabilities expressed as a ratio of large numbers to … researchers especially in health economics emphasizing the policy importance of the phenomenon. Although the bias has been …
Persistent link: https://www.econbiz.de/10010277022
Data from 31 countries participating in the Programme for International Student Assessment (PISA) is used to estimate education production functions for reading literacy. The analysis suggests that the probability of finding statistically significant and correctly signed class size effects...
Persistent link: https://www.econbiz.de/10010261766
We characterize the bias of propensity score based estimators of common average treatment effect parameters in the case …
Persistent link: https://www.econbiz.de/10010268598
We empirically investigate possible distortions in subjective performance evaluations. A key hypothesis is that evaluations are more upward biased the closer the social ties between supervisor and appraised employee. We test this hypothesis with a company data set from a call center organization...
Persistent link: https://www.econbiz.de/10010269802
We analyse response patterns to an important survey of school children, exploiting rich auxiliary information on respondents' and non-respondents' cognitive ability that is correlated both with response and the learning achievement that the survey aims to measure. The survey is the Programme for...
Persistent link: https://www.econbiz.de/10010276708
anchoring phenomenon in financial decision-making. We find that contestants anchor heavily on the initial dollar value of a clue … manifests itself among college students. Overall, our findings suggest anchoring plays a substantial role in financial decision … in their wagering decision, even though there exists no rational reason to do so. More than half of all wagers occur …
Persistent link: https://www.econbiz.de/10011559579