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1
Why Do People Pay for Useless Advice? Implications of Gambler's and Hot-Hand Fallacies in False-Expert Setting
Powdthavee, Nattavudh
;
Riyanto, Yohanes E.
-
Institute for the Study of Labor (IZA)
-
2012
We investigated experimentally whether people can be induced to believe in a non-existent expert, and subsequently pay for what can only be described as transparently useless advice about future chance events. Consistent with the theoretical predictions made by Rabin (2002) and Rabin and Vayanos...
Persistent link: https://www.econbiz.de/10011279343
Saved in:
2
Why do people pay for useless advice? Implications of gambler's and hot-hand fallacies in false-expert setting
Powdthavee, Nattavudh
;
Riyanto, Yohanes E.
-
2012
We investigated experimentally whether people can be induced to believe in a non-existent expert, and subsequently pay for what can only be described as transparently useless advice about future chance events. Consistent with the theoretical predictions made by Rabin (2002) and Rabin and Vayanos...
Persistent link: https://www.econbiz.de/10010282207
Saved in:
3
Expertise
and Independence on Governing Boards: Evidence from School Districts
Shi, Ying
;
Singleton, John D.
-
2019
In this paper, we study the roles of
expertise
and independence on governing boards in the context of education. In …
Persistent link: https://www.econbiz.de/10012059144
Saved in:
4
Community Norms and Organizational Practices: The Legitimization of Wage Arrears in Russia, 1992-1999
Earle, John S.
;
Spicer, Andrew
;
Peter, Klara Sabirianova
-
2004
What role do community norms play in the diffusion and persistence of new organizational practices? We explore this question through an examination of the widespread practice of wage arrears, the late and non-payment of wages, in Russia during the 1990s. Existing research on wage arrears most...
Persistent link: https://www.econbiz.de/10010261776
Saved in:
5
Genes,
legitimacy
and hypergamy: another look at the economics of marriage
Saint-Paul, Gilles
-
2009
In order to credibly sell legitimate children to their spouse, women must forego more attractive mating opportunities. This paper derives the implications of this observation for the pattern of matching in marriage markets, the dynamics of human capital accumulation, and the evolution of the...
Persistent link: https://www.econbiz.de/10010271277
Saved in:
6
Community Norms and Organizational Practices: The Legitimization of Wage Arrears in Russia, 1992-1999
Earle, John S.
;
Spicer, Andrew
;
Peter, Klara Sabirianova
-
Institute for the Study of Labor (IZA)
-
2004
What role do community norms play in the diffusion and persistence of new organizational practices? We explore this question through an examination of the widespread practice of wage arrears, the late and non-payment of wages, in Russia during the 1990s. Existing research on wage arrears most...
Persistent link: https://www.econbiz.de/10005761724
Saved in:
7
Genes,
Legitimacy
and Hypergamy: Another Look at the Economics of Marriage
Saint-Paul, Gilles
-
Institute for the Study of Labor (IZA)
-
2009
In order to credibly "sell" legitimate children to their spouse, women must forego more attractive mating opportunities. This paper derives the implications of this observation for the pattern of matching in marriage markets, the dynamics of human capital accumulation, and the evolution of the...
Persistent link: https://www.econbiz.de/10008565196
Saved in:
8
To Be or Not to Be... a Scientist?
Chevalier, Arnaud
-
Institute for the Study of Labor (IZA)
-
2012
scientific occupations. Using a survey of recent British graduates from Higher Education we report that fewer than 50% of
science
… graduates work in a scientific occupation three years after graduation. The wage premium observed for
science
graduates stems … from occupational choice rather than a
science
degree. Accounting for selection into subject and occupation, the returns to …
Persistent link: https://www.econbiz.de/10009649827
Saved in:
9
Religion and Innovation
Benabou, Roland
;
Ticchi, Davide
;
Vindigni, Andrea
-
2015
, broadly defined (e.g., attitudes toward
science
and technology, new versus old ideas, change, risk taking, personal agency …
Persistent link: https://www.econbiz.de/10010531672
Saved in:
10
Can we test for bias in scientific peer-review?
Oswald, Andrew J.
-
2008
Science
rests upon the reliability of peer review. This paper suggests a way to test for bias. It is able to avoid the …
Persistent link: https://www.econbiz.de/10010268887
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