Patience and Time Consistency in Collective Decisions

Patience and Time Consistency in Collective Decisions PDF Author: Laurent Denant-Boèmont
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
We present new evidence from the lab on the outcomes resulting from collective and individual decisions over time. We combined static and longitudinal methods to test four conditions on individual and collective time preferences: impatience, stationarity, age independence, and dynamic consistency. The collective decision process was designed to favor coordination through initial communication over voting intentions. Our main results are the following. First, individuals were impatient and deviated from consistent behavior. On the other hand, groups made patient and highly consistent decisions. Our voting mechanism helped the groups to converge and make stable and dynamically consistent decisions.

Patience and Time Consistency in Collective Decisions

Patience and Time Consistency in Collective Decisions PDF Author: Laurent Denant-Boèmont
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Get Book Here

Book Description
We present new evidence from the lab on the outcomes resulting from collective and individual decisions over time. We combined static and longitudinal methods to test four conditions on individual and collective time preferences: impatience, stationarity, age independence, and dynamic consistency. The collective decision process was designed to favor coordination through initial communication over voting intentions. Our main results are the following. First, individuals were impatient and deviated from consistent behavior. On the other hand, groups made patient and highly consistent decisions. Our voting mechanism helped the groups to converge and make stable and dynamically consistent decisions.

Escaping Paternalism

Escaping Paternalism PDF Author: Mario J. Rizzo
Publisher: Cambridge University Press
ISBN: 1108775667
Category : Business & Economics
Languages : en
Pages : 509

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Book Description
The burgeoning field of behavioral economics has produced a new set of justifications for paternalism. This book challenges behavioral paternalism on multiple levels, from the abstract and conceptual to the pragmatic and applied. Behavioral paternalism relies on a needlessly restrictive definition of rational behavior. It neglects nonstandard preferences, experimentation, and self-discovery. It relies on behavioral research that is often incomplete and unreliable. It demands a level of knowledge from policymakers that they cannot reasonably obtain. It assumes a political process largely immune to the effects of ignorance, irrationality, and the influence of special interests and moralists. Overall, behavioral paternalism underestimates the capacity of people to solve their own problems, while overestimating the ability of experts and policymakers to design beneficial interventions. The authors argue instead for a more inclusive theory of rationality in economic policymaking.

The Foundations of Behavioral Economic Analysis

The Foundations of Behavioral Economic Analysis PDF Author: Sanjit Dhami
Publisher: Oxford University Press
ISBN: 0192574663
Category : Business & Economics
Languages : en
Pages : 298

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Book Description
Taken from the first definitive introduction to behavioral economics, The Foundations of Behavioral Economic Analysis: Behavioral Time Discounting is an authoritative and cutting edge guide to this essential topic for advanced undergraduate and postgraduate students. It considers the evidence against the exponential discounted utility model and describes several behavioral models such as hyperbolic discounting, attribute based models, and the reference time theory. This updated extract from Dhami's leading textbook allows the reader to pursue subsections of this vast and rapidly growing field and to tailor their reading to their specific interests in behavioural economics.

Experimental Economics

Experimental Economics PDF Author: Nicolas Jacquemet
Publisher: Cambridge University Press
ISBN: 1107060273
Category : Business & Economics
Languages : en
Pages : 475

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Book Description
Over the past two decades, experimental economics has moved from a fringe activity to become a standard tool for empirical research. With experimental economics now regarded as part of the basic tool-kit for applied economics, this book demonstrates how controlled experiments can be a useful in providing evidence relevant to economic research. Professors Jacquemet and L'Haridon take the standard model in applied econometrics as a basis to the methodology of controlled experiments. Methodological discussions are illustrated with standard experimental results. This book provides future experimental practitioners with the means to construct experiments that fit their research question, and new comers with an understanding of the strengths and weaknesses of controlled experiments. Graduate students and academic researchers working in the field of experimental economics will be able to learn how to undertake, understand and criticise empirical research based on lab experiments, and refer to specific experiments, results or designs completed with case study applications.

Social Sciences and Interdisciplinary Behavior

Social Sciences and Interdisciplinary Behavior PDF Author: Ford Lumban Gaol
Publisher: CRC Press
ISBN: 1315349655
Category : Business & Economics
Languages : en
Pages : 561

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Book Description
Social Sciences and Interdisciplinary Behavior contains papers that were originally presented at the 4th International Congress on Interdisciplinary Behavior and Social Science 2015 (ICIBSoS 2015), held 22-23 October 2015 at The Institute of Management, Economics and Finance of the Kazan Federal University, Kazan, Russia and 7-8 November 2015 in Arya Duta Hotel, Jakarta, Indonesia. The contributions deal with various interdisciplinary research topics, particularly in the fields of social sciences, education, economics and arts. The papers focus especially on such topics as language, cultural studies, economics, behavior studies, political sciences, media and communication, psychology and human development.

Finding Dignity at the End of Life

Finding Dignity at the End of Life PDF Author: Kathleen D. Benton
Publisher: Routledge
ISBN: 1000172910
Category : Psychology
Languages : en
Pages : 199

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Book Description
Finding Dignity at the End of Life discusses the need for palliative care as a human right and explores a whole-person methodology for use in treatment. The book examines the concept of palliative care as a holistic human right from the perspective of multiple aspects of faith, ideology, culture, and nationality. Integrating a humanities-based approach, chapters provide detailed discussions of spirituality, suffering, and healing from scholars from around the world. Within each chapter, the authors address a different cultural and religious focus by examining how this topic relates to questions of inherent dignity, both ethically and theologically, and how different spiritual lenses may inform our interpretation of medical outcomes. Mental health practitioners, allied professionals, and theologians will find this a useful and reflective guide to palliative care and its connection to faith, spirituality, and culture.

The Growth Report

The Growth Report PDF Author: Commission on Growth and Development
Publisher: World Bank Publications
ISBN: 0821374923
Category : Business & Economics
Languages : en
Pages : 198

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Book Description
The result of two years work by 19 experienced policymakers and two Nobel prize-winning economists, 'The Growth Report' is the most complete analysis to date of the ingredients which, if used in the right country-specific recipe, can deliver growth and help lift populations out of poverty.

Encyclopedia of Medical Decision Making

Encyclopedia of Medical Decision Making PDF Author: Michael W. Kattan
Publisher: SAGE
ISBN: 1412953723
Category : Medical
Languages : en
Pages : 1281

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Book Description
The Encyclopedia of Medical Decision Making presents state-of-the-art research and ready-to-use facts sorting out findings on medical decision making and their applications.

Managing Competences

Managing Competences PDF Author: Benoit Grasser
Publisher: Taylor & Francis
ISBN: 1000203646
Category : Business & Economics
Languages : en
Pages : 198

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Book Description
Managing Competences: Research, Practice, and Contemporary Issues draws together theoretical and practical research in competence management. It provides a wealth of knowledge concerning emerging and contemporary issues, such as the multilevel approach to competence, the development of collective competence, the strategies of competence management, and the tools for managing competences as well as the organizational dynamics of competences. Moreover, the book provides a critical approach to research and practitioners’ continued engagement in competence management research and practice. Research in competence management has more recently entered an era more open to doubt and questioning: Is there a solid theoretical foundation that supports the concept of competence? What is the contribution of research on employees’ competences to human resources management in particular, and more generally to management? Is there not a risk of diluting the concept of competence by considering it at the individual, collective, organizational, and strategic levels? Today, is it still possible to manage competences in a world where the boundaries of the organizations are more and more porous? These questions, and many others, probably explain why a field that seemed well-identified and well-structured yesterday, has given way today to new, highly diverse analyses of competences by researchers and practitioners. This contributed volume seeks to answer these pressing issues and is a collective means for responding to them. The book brings together multiple streams of research in the field about emerging and contemporary issues, including multidimensional HRM systems, the rise of forms of collaborative management, the intensification of the use of digital and robotic technologies, the rise of the regime of remote and networked operations, the increasing heterogeneity of the status of workers, and changes in regulations concerning work and its recognition.

Listening to Harlem

Listening to Harlem PDF Author: David Maurrasse
Publisher: Routledge
ISBN: 1134726554
Category : Social Science
Languages : en
Pages : 248

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Book Description
Harlem is flourishing. Many say a second Renaissance is happening above 120th Street. Magic Johnson opened a major theater, Bill Clinton has centered his post-presidential offices there, countless homes have been restored to their former glory, and, not without controversy, many whites are flocking to the neighborhood. But what will this gentrification do to Harlem, and how will it change life for Harlem's longtime residents? As communities and businesses struggle with differing motivations and needs, David Maurrasse looks at ways they can work together to form partnerships. Listening to Harlem offers an exciting portrait of the struggles confronting one of America's most important neighborhoods. This engaging read will appeal to anyone with an interest in how the neighborhood is faring today, as well as those involved professionally and socially in urban development.