Using unique panel data, we compare cognitive performance and wagering behavior of children (10-11 years) with adults playing in the Swedish version of the TV-shows Jeopardy and Junior Jeopardy. Although facing the same well-known high-stakes game, and controlling for performance differences,...

This article empirically investigates the common assumption of economic agents’ capabilities to process complex mathematical problems to find optimal strategies applied in economic modelling. By exploiting a design difference in the game show <italic>Jeopardy</italic> between the US and Sweden, we obtain a...

The Swedish labour market and social policy is aimed at facilitating flexibility in the labour market. The active labour market policy and the design of the social security pension system are two frequently mentioned examples of that policy. This does not necessarily mean that all policy...

Most countries including Sweden have an ageing population. The costs of the welfare state increase with the old age share, leading to problems for public finances. If the number of hours worked increases, tax revenues increase and less income transfers are paid out. A higher retirement age is...

The population of Sweden is ageing and the number of pensioners is increasing. This means that the incomes of older people and the income differences between older and younger people and among pensioners have become more important in terms of public debate and research. In this paper, we examine...

Exploiting a natural experiment in Jeopardy we find that, despite no strategic gain, females switch to a more conservative wagering if playing against men only. Our findings complement experimental findings highlighting how gender differences in risk-taking can be socially driven.

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This paper empirically investigates the rationality assumption commonly applied in economic modeling by exploiting a design difference in the game-show Jeopardy between the US and Sweden. In particular we address the assumption of individuals’ capabilities to process complex mathematical...

The purpose of this paper is to study (empirically) the dynamics of child poverty in Sweden, the quintessential welfare state. We find that 1 out of every 5 children is disposable income poor at least once during his or her childhood, while only 2 percent of all children are chronically poor. We...