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Author: Chaning Jang
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Author: Chaning Jang
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Author: Uri Gneezy
Publisher:
ISBN: 9789056680282
Category : Economics
Languages : en
Pages : 128
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Author: Frank N. Schilbach
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Insufficient knowledge of appropriate use can hamper technology adoption.
Author: Axel Ockenfels
Publisher: Springer Science & Business Media
ISBN: 3642139833
Category : Mathematics
Languages : en
Pages : 299
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Book Description
Reinhard Selten, to date the only German Nobel Prize laureate in economics, celebrates his 80th birthday in 2010. While his contributions to game theory are well-known, the behavioral side of his scientific work has received less public exposure, even though he has been committed to experimental research during his entire career, publishing more experimental than theoretical papers in top-tier journals. This Festschrift is dedicated to Reinhard Selten’s exceptional influence on behavioral and experimental economics. In this collection of academic highlight papers, a number of his students are joined by leading scholars in experimental research to document the historical role of the “Meister” in the development of the research methodology and of several sub-fields of behavioral economics. Next to the academic insight in these highly active fields of experimental research, the papers also provide a glance at Reinhard Selten’s academic and personal interaction with his students and peers.
Author: George Katona
Publisher: Ann Arbor, Mich. : Survey Research Center, Institute for Social Research, University of Michigan
ISBN:
Category : Business & Economics
Languages : en
Pages : 120
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Author: Hermann Brandstätter
Publisher: Springer Science & Business Media
ISBN: 3642486215
Category : Psychology
Languages : en
Pages : 246
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Book Description
Economic behavior is explored from a psychological perspective by both, prominent economic psychologists with a long tradition in studying economic problems as well as economists who are open and interested in the psychological aspects of economic behavior. The contributions discuss the prospects and difficulties of this dialogue between psychology and economics and survey some important areas of research where such an interdisciplinary approach has proved to be successful. The text can also be used to introduce psychology to economists in order to give them an idea how to analyze economic problems from a psychological perspective. It also indicates many urgent and exciting research topics awaiting eager scholars to carry on the dialogue.
Author: Pleßner, Marco
Publisher: kassel university press GmbH
ISBN: 3737650292
Category :
Languages : en
Pages : 7
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Key Terms: Behavioral Economics, Behavioral Finance, Experimental Economics
Author: Christian Johannes Meyer
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 152
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Book Description
This dissertation presents three independent chapters that build on the tools of behavioral economics to study issues related to labor markets in low-income countries and charitable giving. In the first chapter, I investigate whether present bias correlates with savings and job search behavior in a population of low-skill workers in Ethiopia. I conduct a field experiment with 460 women who begin employment in the ready-made garment industry. Most are rural-urban migrants without work experience for whom the job represents a stepping stone into the labor market. Almost all workers plan to use their jobs to save money and to look for higher-wage employment, but many fall short of their intentions. I propose self-control problems as a candidate explanation. I elicit a measure of present bias in a tightly-controlled experiment and match results to highfrequency survey data that I collect over a period of three months. Present bias is a significant predictor of job search effort, controlling for liquidity and a broad range of covariates. Present-biased workers spend 57 percent less time on job search per week. As a result of reduced search, present-biased workers generate fewer offers and stay in their jobs significantly longer. In contrast, I find no significant correlation between present bias and savings behavior. I discuss implications for the design of commitment devices in this context. In the second chapter, co-authored with Egon Tripodi, we study incentivized voluntary contributions to charitable activities. Motivated by the market for blood donations in Germany, we consider a setting where different incentives coexist and agents can choose to donate without receiving monetary compensation. We use a model that interacts image concerns of agents with intrinsic and extrinsic incentives to donate. Laboratory results show that a collection system where compensation can be turned down can improve the efficiency of collection. Image effects and incentive effects do not crowd each other out. A significant share of donors turn down compensation. Heterogeneity in treatment effects suggests gender-specific preferences over signaling. In the third chapter, also co-authored with Egon Tripodi, we use a field experiment to study how social image concerns affect pledges to engage in a charitable activity. We work with two different blood banks and a municipal government in Germany to offer sign-ups for human whole blood donations. Motivated by a simple signaling framework, we randomly vary the type of organization to donate to and the visibility of the pledge to donate. Our setting also provides natural variation in the group of people that form the "audience" for social image concerns. We find evidence for strong social image concerns when subjects are asked in public whether they would like to pledge a donation with a well-known charity. Almost all subjects renege on their pledge, with no detectable differences between treatments. We discuss avenues for further research and end on a cautionary note for organizations looking to harness pledges to encourage individuals to do good.
Author: Johannes Haushofer
Publisher:
ISBN:
Category :
Languages : en
Pages : 282
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Author: Roger Frantz
Publisher: Routledge
ISBN: 1135994153
Category : Business & Economics
Languages : en
Pages : 292
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Book Description
Economists working on behavioral economics have been awarded the Nobel Prize four times in recent years. This book explores this innovative area and in particular focuses on the work of Harvey Leibenstein, one of the pioneers of the discipline. The topics covered in the book include agency theory; dynamic efficiency; evolutionary economics; X-efficiency; the effect of emotions, specifically affect on decision-making; market pricing; experimental economics; human resource management; the Carnegie School, and intra-industry efficiency in less developed countries.
