Showing 1 - 10 of 45
Persistent link: https://www.econbiz.de/10009260782
Persistent link: https://www.econbiz.de/10001934264
Persistent link: https://www.econbiz.de/10003000686
Languages differ widely in the ways they encode time. I test the hypothesis that languages that grammatically associate the future and the present, foster future-oriented behavior. This prediction arises naturally when well-documented effects of language structure are merged with models of...
Persistent link: https://www.econbiz.de/10014178432
Cognitive dissonance is one of the most influential theories in psychology, and its oldest experiential realization is choice-induced dissonance. In contrast to the economic approach of assuming a person's choices reveal their preferences, psychologists have claimed since 1956 that people alter...
Persistent link: https://www.econbiz.de/10014047387
Self-employed workers provide useful evidence about the nature of flexible labor supply and possible reference-dependence. Many previous studies analyzed taxi cabdrivers. Newer rideshare platforms provide greater work hour flexibility and use surge pricing, making future marginal wages salient....
Persistent link: https://www.econbiz.de/10014077637
The 2017 hurricane season devastated the U.S. gulf coast with two of the worst hurricanes in history: Harvey (107 deaths, $125B in damages) and Irma (134 deaths, $50B in damages). Despite extensive warnings, most affected residents did not evacuate their homes before the storms hit, complicating...
Persistent link: https://www.econbiz.de/10012891932
Nursing homes and other long-term care facilities account for a disproportionate share of COVID-19 cases and fatalities worldwide. Outbreaks in U.S. nursing homes have persisted despite nationwide visitor restrictions beginning in mid-March. An early report issued by the Centers for Disease...
Persistent link: https://www.econbiz.de/10013222064
We study the effect of legal constraints in an environment in which agents face demand shocks they would like to smooth, but also have weakness of will: agents' long and short run preferences are misaligned. Some agents are sophisticated -- they know they will make inconsistent intertemporal...
Persistent link: https://www.econbiz.de/10013125413
Modern tech platforms provide workers real-time control over when they work, and increasingly, flexible pay: the option to be paid immediately after work. We investigate the labor supply effects of pay flexibility and the implications of present-biased preferences among gig-economy workers....
Persistent link: https://www.econbiz.de/10015145128