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Behavioral biases in economic and financial knowledge : are they the same for men and women?

Kudryavtsev, Andrey; Cohen, Gil - In: Advances in management & applied economics 1 (2011) 1, pp. 15-52

Contemporary research documents various psychological aspects of economic thought and decision-making. The main goal of our study is to analyze the role of the hindsight bias (Fischhoff [20]) and the anchoring bias (Tversky and Kahneman [53]) in perceiving economic and financial information,...

Persistent link: https://www.econbiz.de/10009958463

Does increased price competition reduce entry of new pharmaceutical products?

Granlund, David; Rudholm, Niklas - In: Advances in management & applied economics 1 (2011) 1, pp. 1-14

In October 2002, a substitution reform was introduced in the Swedish pharmaceuticals market. In this paper, the effects of increased price competition due to the reform on the entry of new pharmaceutical products were studied. The results show that the reform did affect the entry behavior of...

Persistent link: https://www.econbiz.de/10009958464

Disclosure of medical information in health insurance

Rahkovsky, Ilya - In: Advances in management & applied economics 3 (2013) 1, pp. 183-205

Disclosure of private medical information allows insurance companies to better predict medical expenditures. The premiums the companies charge the insured employees reflect these expenditures. This paper studies incentives of employees to disclose their medical information. I find that healthier...

Persistent link: https://www.econbiz.de/10010097676

The exchange of knowledge : a case study

Felice, Annunziata de; Matucci, Isabella; Schirone, Dario A. - In: Advances in management & applied economics 3 (2013) 2, pp. 67-82

greatest impact on the environment. The efficient allocation of resources has always been a goal of the science of economics … through the exchange of matter, energy, information and knowledge. The optimal allocation of resources cannot be left to the …

Persistent link: https://www.econbiz.de/10010097697

Wenn sich Warten lohnt : der Effekt von Unsicherheit auf Investitionsentscheidungen

Viefers, Paul - In: DIW-Wochenbericht : Wirtschaft, Politik, Wissenschaft 80 (2013) 4, pp. 11-16

Das amerikanische Politmagazin Foreign Policy befragte zwischen August und September 2012 insgesamt 62 bekannte US-Ökonomen, worin sie die Hauptursache für die schleppende Erholung des Arbeitsmarkts sehen. Am häufigsten genannt wurde "Unsicherheit" (31 Prozent). Was ist mit diesem Begriff...

Persistent link: https://www.econbiz.de/10010079515