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Economic Science Association Asia Conference 2014. February 19, 2014 – February 22, 2014
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Experimental Methods in Policy Conference. 15 – 19 февраля 2014
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Steffen Altmann, Armin Falk, Matthias Wibral. Promotions and Incentives: The Case of Multistage Elimination Tournaments

Promotions play an important role for the provision of incentives in firms. We analyze incentives in multistage elimination tournaments with controlled laboratory experiments. In our two main treatments, we compare a two-stage tournament to a one-stage tournament. Subjects in the two-stage treatment provide excess effort in the first stage, both with respect to Nash predictions and compared to the strategically equivalent one-stage tournament. Additional control treatments confirm that excess effort in early stages is a robust finding and suggest that above-equilibrium effort might be driven by li ...

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Robert Shiller

American economist, academic, and best-selling author. He currently serves as the Arthur M. Okun Professor of Economics at Yale University and is a fellow at the Yale School of Management's Intern...

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Kevin E Staub, Rainer Winkelmann. Consistent estimation of zero-inflated count models

The so-called problem of “excess zeros” plagues a majority of count data applications in health economics and other social sciences: The proportion of observations with zero counts in the sample is ...

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Carmit Segal. Working When No One Is Watching: Motivation, Test Scores, and Economic Success.

This paper provides evidence that scores on simple, low-stakes tests are associated with future economic success because the scores also reflect test-takers’ personality traits associated with their le...

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Hazel Henderson. Development Beyond Economism: Local Paths to Sustainable Development.

The effects of the forces of industrialism and economism, foretold so well by E. F. Schumacher, have led to a revolution of unprecedented scope. Technologies and human activities now bring about m...

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Mara Ewers, Florian Zimmermann. Image and Misreporting.

In this paper we ask if reports of private information about skills, abilities or achievements are affected by image concerns. We develop a simple model that illustrates how image utility can lead t...

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Rainer Winkelmann. Conspicuous consumption and satisfaction

Traditional tools of welfare economics identify the envy-related welfare loss from conspicuous consumption only under very strong assumptions. Measured income and life satisfaction offers an alternat...

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Tony Lawson. Institutionalism: On the Need to Firm up Notions of Social Structure and the Human Subject.

Within (old) institutionalist theorizing there has been a widespread tendency for institutions and technology to be treated in a somewhat dichotomous fashion, with the former regarded as synonymous wi...

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