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and Facts; The basic model: the consumption/saving choice; Allowing for a labor/leisure choice (the RBC model); Allowing …
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‘member choice of fund’ legislation. While superannuation choice continues to be widely supported, the debate lacks coherent … exogenous constraints affecting the achievement of informed choice, members’ choice preferences and associated policy … resolutions. Applying this framework, we argue that a genuine choice of fund model should cater for active and passive choice …
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The main objective of the study is to examine the determinants of urban housing choice in Debre Berhan town, Amhara … choice. Accordingly, it is found that age, gender, educational level, the price of the housing, years of residence, income of … the head and access to credit are the major the determinants of urban housing choice. This study suggests that town …
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Freedom of choice is often thought to improve efficiency. We experimentally investigate the effect of giving workers a … choice between compensation schemes with and without a CSR component (CSR/NoCSR) on labor market participation decision and … workers a choice should not reduce their performance. Our results show that there are hidden costs associated with the right …
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Voluntary actions are accompanied by a sense of control over this action and its effects. Forming an appropriate sense of control (or sense of agency) has widespread consequences of individual and societal relevance. Moreover, perceived control might serve as a powerful action motivator,...
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This paper investigates choice between opportunity sets. I argue that individuals may prefer to have fewer options for … two reasons: First, smaller choice sets may provide information and reduce the need for the agent to contemplate the … alternatives. Second, contemplation costs may be increasing in the size of the choice set, making smaller sets more desirable even …
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