This paper analyzes the composition of the wage differentials among part-time and full-time working women in seven European countries: France, Germany, Italy, Netherlands, Spain, Sweden and United Kingdom. Using cross-sectional microdata from the eighth waves of the European Union Statistics on...

This paper analyzes the composition of the wage differentials among part-time and full-time working women in seven European countries: France, Germany, Italy, Netherlands, Spain, Sweden and United Kingdom. Using cross-sectional microdata from the eighth waves of the European Union Statistics on...

The seminal work of Smith Suchanek and Williams (1988) finds price bubbles are frequently observed in an experimental asset market where a single asset with a finite lifetime is traded. Ever since, many studies have been carried out to understand the reason why bubbles occur in such an...

We study the formation of price bubbles on experimental asset markets where cash earns interest. There are two main conclusions. The first is that paying positive interest on cash is ineffective in diminishing bubbles through the reducing-active-participation channel. The second is that the...

We study decision problems where (a) preference parameters are de.ned to include psychological/moral considerations and (b) there is a feedback effect from chosen actions to preference parameters. In a standard decision problem the chosen action is required to be optimal when the feedback effect...

Standard Economics assumes that decision makers carefully reflect and meditate on each alternative. Grounded on evidence from Psychology this thesis relaxes this assumption and develops a theoretical framework with imperfect reflection. We analyse the implications for both Positive and Normative...