Showing 1 - 10 of 17
Backward induction is a cornerstone of modern game theory. Yet, laboratory experiments consistently show that subjects fail to properly backward induct. Whether these findings generalize to other, real-world settings remains an open question. This paper develops a simple model of sequential...
Persistent link: https://www.econbiz.de/10011108277
Adolf Hitler's seizure of power was one of the most consequential events of the twentieth century. Yet, our understanding of which factors fueled the astonishing rise of the Nazis remains highly incomplete. This paper shows that religion played an important role in the Nazi party's electoral...
Persistent link: https://www.econbiz.de/10011108831
Social scientists have long speculated about individuals' tendencies to misrepresent their preferences in order to affect the outcome of social choice mechanisms. The fact that preference orderings are generally unobserved, however, has made it very difficult to document strategic behavior...
Persistent link: https://www.econbiz.de/10011109723
Adolf Hitler's seizure of power was one of the most consequential events of the twentieth century. Yet, our understanding of which factors fueled the astonishing rise of the Nazis remains highly incomplete. This paper shows that religion played an important role in the Nazi party's electoral...
Persistent link: https://www.econbiz.de/10011164051
Whether individuals vote strategically is one of the most important questions at the intersection of economics and political science. Exploiting a flaw in the German electoral system by which a party may gain seats by receiving fewer votes, this paper documents patterns of strategic voting in a...
Persistent link: https://www.econbiz.de/10011260101
Not only does economic theory predict high-risk individuals to be more likely to purchase insurance, but insurance coverage is also thought to crowd out precautionary activities. In spite of stark theoretical predictions, there is conflicting empirical evidence on adverse selection, and evidence...
Persistent link: https://www.econbiz.de/10011051288
The extent to which discrimination can explain racial wage gaps is one of the most divisive issues in the social sciences. Using a newly available data set, this paper develops a simple empirical test that, under plausible (but not innocuous) conditions, provides a lower bound on the extent of...
Persistent link: https://www.econbiz.de/10011010702
Over the past 40 years the fraction of mixed race black-white births has increased nearly nine-fold. There is little empirical evidence on how these children fare relative to their single-race counterparts. This paper describes basic facts about the plight of mixed race individuals during their...
Persistent link: https://www.econbiz.de/10005718920
Over the past 40 years, the fraction of mixed race black-white births has increased nearly nine-fold. There is very little empirical evidence on how these children fare relative to their single-race counterparts. This paper describes basic facts about the behaviors and outcomes of black-white...
Persistent link: https://www.econbiz.de/10008530707
Since 1970, the fraction of mixed-race black-white births has increased nearly ninefold. This paper describes basic facts about the behaviors and outcomes of black-white mixed-race individuals. Unsurprisingly, on a host of background and achievement characteristics, as well as adult outcomes,...
Persistent link: https://www.econbiz.de/10010562195