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, such as those on investment and portfolio decisions, holding of shares, insurance patterns, or negotiation processes … question within behavioral economics, namely the research on reference points within human decision making processes. Based on … economics or organizational theory. · Practitioners such as managers and consultants interested in decision making processes …
Persistent link: https://www.econbiz.de/10014016242
This paper examines preferences for gender diversity among co-workers. Using stated-choice experiments with 5,400 PhD students and university students in Germany, we uncover a substantial willingness to pay (WTP) for gender diversity of up to 5% of earnings on average. Importantly, we find that...
Persistent link: https://www.econbiz.de/10015331997
A large share of the global workforce lacks access to employer-sponsored retirement plans. In Colombia, where labor informality is high, the government introduced the Beneficios Economicos Periodicos (BEPS) program to promote voluntary retirement savings. However, many enrollees fail to...
Persistent link: https://www.econbiz.de/10015332086
Monte Carlo simulations are a very powerful way to demonstrate the basic sampling properties of various statistics in econometrics. The commercial software package Stata makes these methods accessible to a wide audience of students and practitioners. The purpose of this chapter is to present a...
Persistent link: https://www.econbiz.de/10015378492
We study the gendered impact of recommendations at different stages of the hiring process. First, using a large sample of reference letters from the academic job market for economists, we document that women receive fewer "ability" and more "grindstone" letters. Next, we conduct two experiments...
Persistent link: https://www.econbiz.de/10015358977
The experimental literature on preferences for redistribution has established that individual perceptions of what earning distributions are fair depend greatly on context. In this paper, we study an important and novel dimension of context: whether the choice to redistribute occurs before...
Persistent link: https://www.econbiz.de/10015371965
Investors frequently make judgments and decisions in the presence of affect (i.e., mood or emotion). Investors' moods may influence the extent to which they incorporate available financial information in their investment judgments. I propose that investors interpret their moods as signals of the...
Persistent link: https://www.econbiz.de/10015391621
Generation Z, known for its digital fluency and distinct consumer behaviors, is an increasingly influential demographic in the tourism industry. As a sustainability-focused generation, their preferences and behaviors are shaping the future of travel. This study explores the tourism experiences...
Persistent link: https://www.econbiz.de/10015406592
Persistent link: https://www.econbiz.de/10015406576
Many firms are making net-zero and carbon neutral pledges. In principle, these pledges should help consumers identify sustainable options, but often they do not correspond to meaningful actions. In response, both in the U.S. and in Europe, courts and policymakers are requiring firms to disclose...
Persistent link: https://www.econbiz.de/10015394252