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Persistent link: https://www.econbiz.de/10011781498
event to provide a situation in which the person had experienced either an action or inaction. Individuals with an action … orientation experienced more regret for situations involving inaction (staying home) than situations involving action (going out … either the action or inaction situations. In Study 2, participants made realistic choices involving either an action or …
Persistent link: https://www.econbiz.de/10005773054
Background: In health economic evaluation, utility associated with a health state is outcome-oriented and usually measured using the QALY methodology. Even though there is consistent evidence of utility not only being derived from outcomes but also from procedures, process utility has not been...
Persistent link: https://www.econbiz.de/10014489900
Based on survey data for Switzerland, new empirical findings on direct democracy are presented. In the first part, we show that, on average, public employees receive lower financial compensation under more direct democratic institutions. However, top bureaucrats are more constrained in direct de...
Persistent link: https://www.econbiz.de/10010314954
We compare preferences for temporal resolution when uncertainty is resolved over a probability rather than a value. In various frameworks–e.g., Kreps and Porteus (1978)–, preferences over gradual versus one-shot resolution do not depend on whether values or probabilities define the main...
Persistent link: https://www.econbiz.de/10014534430
Based on survey data for Switzerland, new empirical findings on direct democracy are presented. In the first part, we show that, on average, public employees receive lower financial compensation under more direct democratic institutions. However, top bureaucrats are more constrained in direct de...
Persistent link: https://www.econbiz.de/10005766049
This paper argues that any specific utility or disutility for gambling must be excluded from expected utility because such a theory is consequential while a pleasure or displeasure for gambling is a matter of process, not of consequences. A (dis)utility for gambling is modeled as a process...
Persistent link: https://www.econbiz.de/10005772534
We compare preferences for temporal resolution when uncertainty is resolved over a probability rather than a value. In various frameworks-e.g., Kreps and Porteus (1978)-, preferences over gradual versus one-shot resolution do not depend on whether values or probabilities define the main object...
Persistent link: https://www.econbiz.de/10014456336
Based on survey data for Switzerland, new empirical findings on direct democracy are presented. In the first part, we show that, on average, public employees receive lower financial compensation under more direct democratic institutions. However, top bureaucrats are more constrained in direct de...
Persistent link: https://www.econbiz.de/10009781717
Economic fallouts from COVID-19 have been unprecedented across all industries, with a handful of exceptions. The present study attempts to capture the impact of dividend distribution tax elimination, introduced through the Indian Finance Act 2020, on corporate dividend behavior in India. It...
Persistent link: https://www.econbiz.de/10013201097