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Nudge is a semantically multifarious concept that originates in Thaler and Sunstein's (2008) popular eponymous book. In one of its senses, it is a policy for redirecting an agent's choices by only slightly altering his choice conditions, in another sense, it is concerned with bounded rationality...
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We study how managers respond to hurricane events when their firms are located in the neighborhood of the disaster area. We find that the sudden shock to the perceived liquidity risk leads managers to increase corporate cash holdings and to express more concerns about hurricane risk in...
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In incentive-alignment choice experiments, each decision is realized with some prob- ability prob < 1. Incentive … (prob = 1). In three eye tracking experiments, we vary the probability prob that choices will be realized, from 0 to 1, and …
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aversion. The procedure is sufficiently simple so that it can be easily used in field or lab experiments where risk elicitation …
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Nous proposons une méthode pour évaluer la capacité des systèmes de taxation du revenu de diminuer la pauvreté, lorsque celle-ci est définie en cohérence avec une notion de niveau de vie issue de l'éthique de la responsabilité. Selon cette éthique, toutes les inégalités ne sont pas...
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