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We explore the consistency of the characteristics of individuals who participate in studies posted on Amazon Mechanical Turk (AMT). The primary individuals analyzed in this study are subjects who participated in at least two of eleven experiments that were run on AMT between September of 2012 to...
Persistent link: https://www.econbiz.de/10015261206
Approximately 80 percent of Americans have a significant financial obligation. A substantial fraction of these individuals rely almost solely on labor income to meet these needs. Using a two-period model we demonstrate that when agents are risk averse, increasing the level of financial...
Persistent link: https://www.econbiz.de/10015255569
The last years have seen an explosion in the demand for data science skills. In this paper, I introduce the reader to the term, point out the technological jumps that allowed the rise of its methods, and give an overview of the most common ones. I close by pointing out the strengths and...
Persistent link: https://www.econbiz.de/10015218399
Creative teams drive the idea-economy, yet the determinants of a team's ability to create new ideas are not universally agreed upon. Group-level diversity has gained the most traction as an explanation, where a team's performance is usually attributed to diversity over observed characteristics...
Persistent link: https://www.econbiz.de/10015262055
Nigeria is a lower income country (with extreme poverty status) characterized by very high youth unemployment and large informal sector. Consequently, the Nigeria government have implemented youth empowerment training (N-power) program to tackle the critical issues. However, youth training...
Persistent link: https://www.econbiz.de/10015265312
Various social policies and strategies have been deliberated and used within many countries to handle the COVID-19 pandemic. Some of those basic ideas are strongly related to the understanding of human social interactions and the nature of disease transmission and spread. In this paper, we...
Persistent link: https://www.econbiz.de/10015213969
We describe a candid model for learning, why and how learning transpires. We investigate the original as well as the leading conditions of the learning process. We provide an insight into the realm of beliefs and their formation, their interaction and influence with the actor’s environment. In...
Persistent link: https://www.econbiz.de/10015218229
Models of rational choice use different definitions of rationality. However, there is no clear description of the latter. We recognize rationality as a conceptual conglomerate where reason, judgment, deliberation, relativity, behavior, experience, and pragmatism interact. Using our definition,...
Persistent link: https://www.econbiz.de/10015218470
In this article results of the two experiments, aimed at the development of the instrument (test) that would enable construction of the comprehensive measure of individual overconfidence for the use in economic overconfidence experiments, are presented. Instrument was obtained in a two-stage...
Persistent link: https://www.econbiz.de/10015224075
In this article results of the two experiments, aimed at the development of the instrument (test) that would enable construction of the comprehensive measure of individual overconfidence for the use in economic overconfidence experiments, are presented. Instrument was obtained in a two-stage...
Persistent link: https://www.econbiz.de/10015226722