首页 > 最新文献

American Economic Review-Insights最新文献

英文 中文
Persistent Political Engagement: Social Interactions and the Dynamics of Protest Movements 持续的政治参与:社会互动和抗议运动的动态
IF 8.5 1区 经济学 Pub Date : 2021-06-01 DOI: 10.1257/AERI.20200261
Leonardo Bursztyn, Davide Cantoni, David Y. Yang, Noam Yuchtman, Y. J. Zhang, Dan Berkowitz, Raymond Han, Moritz Leitner, Jackson Li, Glen Ng, Aakaash Rao, Vanessa Sticher, Meggy Wan
We study the causes of sustained participation in political movements. To identify the persistent effect of protest participation, we randomly indirectly incentivize Hong Kong university students into participation in an antiauthoritarian protest. To identify the role of social networks, we randomize this treatment’s intensity across major-cohort cells. We find that incentives to attend one protest within a political movement increase subsequent protest attendance but only when a sufficient fraction of an individual’s social network is also incentivized to attend the initial protest. One-time mobilization shocks have dynamic consequences, with mobilization at the social network level important for sustained political engagement. (JEL D72, D74, I23, Z13)
我们研究持续参与政治运动的原因。为了确定参与抗议活动的持续影响,我们随机间接激励香港大学生参与反权威抗议活动。为了确定社交网络的作用,我们在主要队列细胞中随机化了这种治疗的强度。我们发现,在政治运动中参加一次抗议活动的动机会增加随后的抗议出席人数,但只有当个人社交网络中有足够一部分人也被激励参加最初的抗议活动时。一次性动员冲击具有动态影响,社会网络层面的动员对持续的政治参与至关重要。(JEL D72、D74、I23、Z13)
{"title":"Persistent Political Engagement: Social Interactions and the Dynamics of Protest Movements","authors":"Leonardo Bursztyn, Davide Cantoni, David Y. Yang, Noam Yuchtman, Y. J. Zhang, Dan Berkowitz, Raymond Han, Moritz Leitner, Jackson Li, Glen Ng, Aakaash Rao, Vanessa Sticher, Meggy Wan","doi":"10.1257/AERI.20200261","DOIUrl":"https://doi.org/10.1257/AERI.20200261","url":null,"abstract":"We study the causes of sustained participation in political movements. To identify the persistent effect of protest participation, we randomly indirectly incentivize Hong Kong university students into participation in an antiauthoritarian protest. To identify the role of social networks, we randomize this treatment’s intensity across major-cohort cells. We find that incentives to attend one protest within a political movement increase subsequent protest attendance but only when a sufficient fraction of an individual’s social network is also incentivized to attend the initial protest. One-time mobilization shocks have dynamic consequences, with mobilization at the social network level important for sustained political engagement. (JEL D72, D74, I23, Z13)","PeriodicalId":29954,"journal":{"name":"American Economic Review-Insights","volume":null,"pages":null},"PeriodicalIF":8.5,"publicationDate":"2021-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48447952","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 54
Strategy-Proofness, Independence of Irrelevant Alternatives, and Majority Rule 策略的可证明性、无关备选方案的独立性和多数规则
IF 8.5 1区 经济学 Pub Date : 2020-12-01 DOI: 10.1257/aeri.20200178
P. Dasgupta, E. Maskin
We show that strategy-proofness, the Pareto principle, anonymity, neutrality, independence of irrelevant alternatives, and decisiveness uniquely characterize majority rule on any domain of preferences for which there exists a voting rule satisfying these axioms. In our formulation, strategy-proofness includes manipulations by coalitions. However, we demonstrate that the characterization still holds when coalitions are restricted to arbitrarily small size. We also show that when coalitions can manipulate outside the domain, there is an extension of majority rule that satisfies these axioms on any domain without Condorcet cycles. (JEL D72)
我们证明了策略证明性、帕累托原则、匿名性、中立性、无关选择的独立性和决定性在任何存在满足这些公理的投票规则的偏好领域中都是多数决的唯一特征。在我们的表述中,战略验证性包括联盟的操纵。然而,我们证明,当联盟被限制为任意小的规模时,该表征仍然成立。我们还证明了当联盟可以在定义域外操作时,在任何没有孔多塞循环的定义域上都存在满足这些公理的多数决规则的扩展。(凝胶D72)
{"title":"Strategy-Proofness, Independence of Irrelevant Alternatives, and Majority Rule","authors":"P. Dasgupta, E. Maskin","doi":"10.1257/aeri.20200178","DOIUrl":"https://doi.org/10.1257/aeri.20200178","url":null,"abstract":"We show that strategy-proofness, the Pareto principle, anonymity, neutrality, independence of irrelevant alternatives, and decisiveness uniquely characterize majority rule on any domain of preferences for which there exists a voting rule satisfying these axioms. In our formulation, strategy-proofness includes manipulations by coalitions. However, we demonstrate that the characterization still holds when coalitions are restricted to arbitrarily small size. We also show that when coalitions can manipulate outside the domain, there is an extension of majority rule that satisfies these axioms on any domain without Condorcet cycles. (JEL D72)","PeriodicalId":29954,"journal":{"name":"American Economic Review-Insights","volume":null,"pages":null},"PeriodicalIF":8.5,"publicationDate":"2020-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48699380","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 8
The DNA of New Exporters: Spin-offs and FDI at the Extensive Margin of Trade 新出口商的DNA:贸易大边际的附带利益和外国直接投资
IF 8.5 1区 经济学 Pub Date : 2020-09-01 DOI: 10.1257/aeri.20190379
Bernardo S. Blum, S. Claro, Ignatius J. Horstmann, Trevor Tombe
Other than that new exporters account for a large part of aggregate export growth, we know little else. We document that aggregate export growth in Chile is driven by only a few new exporters. These exporters are new business entities, operate new plants, and behave much like experienced exporters: they start large and have high survival rates. Moreover, 70 percent of these new firms are owned by existing businesses and are likely the by-product of either domestic spin-offs or foreign direct investment (24 percent). By focusing on the average new exporter, the existing models of new exporter dynamics miss these key features of export growth. (JEL F14, F23, L22, L60, M13, O14, O19)
除了新出口商占总出口增长的很大一部分之外,我们所知甚少。我们的文件表明,智利的总出口增长是由少数新的出口商推动的。这些出口商是新的商业实体,经营着新的工厂,他们的行为很像有经验的出口商:他们开始时规模大,存活率高。此外,这些新公司中有70%为现有企业所有,可能是国内分拆或外国直接投资(24%)的副产品。由于关注平均的新出口商,现有的新出口商动态模型错过了出口增长的这些关键特征。(jel f14, f23, l22, l60, m13, o14, o19)
{"title":"The DNA of New Exporters: Spin-offs and FDI at the Extensive Margin of Trade","authors":"Bernardo S. Blum, S. Claro, Ignatius J. Horstmann, Trevor Tombe","doi":"10.1257/aeri.20190379","DOIUrl":"https://doi.org/10.1257/aeri.20190379","url":null,"abstract":"Other than that new exporters account for a large part of aggregate export growth, we know little else. We document that aggregate export growth in Chile is driven by only a few new exporters. These exporters are new business entities, operate new plants, and behave much like experienced exporters: they start large and have high survival rates. Moreover, 70 percent of these new firms are owned by existing businesses and are likely the by-product of either domestic spin-offs or foreign direct investment (24 percent). By focusing on the average new exporter, the existing models of new exporter dynamics miss these key features of export growth. (JEL F14, F23, L22, L60, M13, O14, O19)","PeriodicalId":29954,"journal":{"name":"American Economic Review-Insights","volume":null,"pages":null},"PeriodicalIF":8.5,"publicationDate":"2020-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1257/aeri.20190379","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45434598","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 3
Optimal Quality Certification 最佳品质认证
IF 8.5 1区 经济学 Pub Date : 2020-06-01 DOI: 10.1257/AERI.20190387
Andriy Zapechelnyuk
Quality certification not only informs consumers but also stimulates producers to supply better-quality products. We study a problem of quality certification in a moral hazard setting. We show that, under standard assumptions, simple certification systems, such as quality assurance and pass-fail rules, are optimal. Our solution method involves interpreting the certification problem as a delegation problem. (JEL D82, L15)
质量认证不仅为消费者提供信息,也激励生产商提供更高质量的产品。我们研究了一个道德风险环境下的质量认证问题。我们证明,在标准假设下,简单的认证系统,如质量保证和通过-不通过规则,是最优的。我们的解决方法包括将认证问题解释为委派问题。(JEL D82,L15)
{"title":"Optimal Quality Certification","authors":"Andriy Zapechelnyuk","doi":"10.1257/AERI.20190387","DOIUrl":"https://doi.org/10.1257/AERI.20190387","url":null,"abstract":"Quality certification not only informs consumers but also stimulates producers to supply better-quality products. We study a problem of quality certification in a moral hazard setting. We show that, under standard assumptions, simple certification systems, such as quality assurance and pass-fail rules, are optimal. Our solution method involves interpreting the certification problem as a delegation problem. (JEL D82, L15)","PeriodicalId":29954,"journal":{"name":"American Economic Review-Insights","volume":null,"pages":null},"PeriodicalIF":8.5,"publicationDate":"2020-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1257/AERI.20190387","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44988283","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 36
Earnings Risk in the Household: Evidence from Millions of US Tax Returns 家庭收入风险:来自数百万美国纳税申报单的证据
IF 8.5 1区 经济学 Pub Date : 2020-06-01 DOI: 10.1257/AERI.20190096
Seth Pruitt, Nicholas Turner
Using detailed Internal Revenue Service administrative data on millions of households, we find that households effectively insure against much of the risk facing primary earners. We show that households face less risk than males alone, and households face roughly half the countercyclical risk increase. As a result of these risk differences, household certainty equivalent earnings are 19 percent higher than for males alone, and household certainty equivalent earnings fall by about half as much during recessions. To facilitate related research, we make available the aggregated data used in our analysis. (JEL D12, D13, E32, G51)
使用美国国税局关于数百万家庭的详细行政数据,我们发现家庭有效地为主要收入者面临的大部分风险投保。我们发现,家庭面临的风险比男性要小,而且家庭面临的反周期风险增加大约有一半。由于这些风险差异,家庭确定性等效收入比男性高19%,而在经济衰退期间,家庭确定性等价收入下降了约一半。为了促进相关研究,我们提供了分析中使用的汇总数据。(JEL D12、D13、E32、G51)
{"title":"Earnings Risk in the Household: Evidence from Millions of US Tax Returns","authors":"Seth Pruitt, Nicholas Turner","doi":"10.1257/AERI.20190096","DOIUrl":"https://doi.org/10.1257/AERI.20190096","url":null,"abstract":"Using detailed Internal Revenue Service administrative data on millions of households, we find that households effectively insure against much of the risk facing primary earners. We show that households face less risk than males alone, and households face roughly half the countercyclical risk increase. As a result of these risk differences, household certainty equivalent earnings are 19 percent higher than for males alone, and household certainty equivalent earnings fall by about half as much during recessions. To facilitate related research, we make available the aggregated data used in our analysis. (JEL D12, D13, E32, G51)","PeriodicalId":29954,"journal":{"name":"American Economic Review-Insights","volume":null,"pages":null},"PeriodicalIF":8.5,"publicationDate":"2020-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46999063","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 18
Health Recommendations and Selection in Health Behaviors 健康行为的健康建议和选择
IF 8.5 1区 经济学 Pub Date : 2020-06-01 DOI: 10.1257/aeri.20190355
E. Oster
Consider a case in which a new research finding links a health behavior with good health outcomes. A possible consequence is take-up of this behavior among individuals who engage in other positive health behaviors. If this occurs, later analyses of observational data may be biased by the change in selection. This paper evaluates these dynamic biases in empirical settings. Using data from vitamin supplementation and diet, I show that selection responds endogenously to health recommendations. These results highlight how spurious findings on health behaviors can be self-reinforcing. (JEL I12)
考虑一个案例,其中一项新的研究发现将健康行为与良好的健康结果联系起来。一个可能的后果是,从事其他积极健康行为的个人也会接受这种行为。如果发生这种情况,以后对观测数据的分析可能会因选择的变化而产生偏差。本文在经验设置中评估了这些动态偏差。利用维生素补充和饮食的数据,我表明,选择内生响应健康建议。这些结果强调了关于健康行为的虚假发现是如何自我强化的。(凝胶I12)
{"title":"Health Recommendations and Selection in Health Behaviors","authors":"E. Oster","doi":"10.1257/aeri.20190355","DOIUrl":"https://doi.org/10.1257/aeri.20190355","url":null,"abstract":"Consider a case in which a new research finding links a health behavior with good health outcomes. A possible consequence is take-up of this behavior among individuals who engage in other positive health behaviors. If this occurs, later analyses of observational data may be biased by the change in selection. This paper evaluates these dynamic biases in empirical settings. Using data from vitamin supplementation and diet, I show that selection responds endogenously to health recommendations. These results highlight how spurious findings on health behaviors can be self-reinforcing. (JEL I12)","PeriodicalId":29954,"journal":{"name":"American Economic Review-Insights","volume":null,"pages":null},"PeriodicalIF":8.5,"publicationDate":"2020-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1257/aeri.20190355","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47796410","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 17
Information Validates the Prior: A Theorem on Bayesian Updating and Applications 信息验证先验:贝叶斯更新及其应用的一个定理
IF 8.5 1区 经济学 Pub Date : 2020-05-12 DOI: 10.1257/aeri.20200284
Navin Kartik, F. Lee, Wing Suen
We develop a result on expected posteriors for Bayesians with heterogenous priors, dubbed information validates the prior (IVP). Under familiar ordering requirements, Anne expects a (Blackwell) more informative experiment to bring Bob’s posterior mean closer to Anne’s prior mean. We apply the result in two contexts of games of asymmetric information: voluntary testing or certification, and costly signaling or falsification. IVP can be used to determine how an agent’s behavior responds to additional exogenous or endogenous information. We discuss economic implications. (JEL C11, D82, D84)
我们开发了具有异质先验的贝叶斯预期后验的结果,称为信息验证先验(IVP)。在熟悉的排序要求下,Anne期望(Blackwell)提供更多信息的实验使Bob的后验均值更接近Anne的先验均值。我们将结果应用于信息不对称博弈的两种情况:自愿测试或认证,以及代价高昂的信号或伪造。IVP可用于确定代理的行为如何响应额外的外源性或内源性信息。我们讨论经济影响。(凝胶c11, d82, d84)
{"title":"Information Validates the Prior: A Theorem on Bayesian Updating and Applications","authors":"Navin Kartik, F. Lee, Wing Suen","doi":"10.1257/aeri.20200284","DOIUrl":"https://doi.org/10.1257/aeri.20200284","url":null,"abstract":"We develop a result on expected posteriors for Bayesians with heterogenous priors, dubbed information validates the prior (IVP). Under familiar ordering requirements, Anne expects a (Blackwell) more informative experiment to bring Bob’s posterior mean closer to Anne’s prior mean. We apply the result in two contexts of games of asymmetric information: voluntary testing or certification, and costly signaling or falsification. IVP can be used to determine how an agent’s behavior responds to additional exogenous or endogenous information. We discuss economic implications. (JEL C11, D82, D84)","PeriodicalId":29954,"journal":{"name":"American Economic Review-Insights","volume":null,"pages":null},"PeriodicalIF":8.5,"publicationDate":"2020-05-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47143732","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 11
Gendered Laws and Women in the Workforce 性别法律与劳动力中的妇女
IF 8.5 1区 经济学 Pub Date : 2020-05-07 DOI: 10.1257/AERI.20190542
Marie Hyland, Simeon Djankov, P. Goldberg
This paper offers for the first time a global picture of gender discrimination by the law as it affects women's economic opportunity and charts the evolution of legal inequalities over five decades. Using the World Bank's newly constructed Women, Business and the Law database, we document large and persistent gender inequalities, especially with regard to pay and treatment of parenthood. We find positive correlations between more equal laws pertaining to women in the workforce and more equal labor market outcomes, such as higher female labor force participation and a smaller wage gap between men and women. (JEL D63, J16, J31, J71, J78, K31, K38)
本文首次提供了法律性别歧视的全球图景,因为它影响了妇女的经济机会,并描绘了50年来法律不平等的演变。我们利用世界银行新建立的妇女、商业和法律数据库,记录了严重和持续存在的性别不平等现象,特别是在薪酬和为人父母待遇方面。我们发现,与女性劳动力相关的更平等的法律与更平等的劳动力市场结果之间存在正相关关系,例如更高的女性劳动力参与率和更小的男女工资差距。(jl d63, j16, j31, j71, j78, k31, k38)
{"title":"Gendered Laws and Women in the Workforce","authors":"Marie Hyland, Simeon Djankov, P. Goldberg","doi":"10.1257/AERI.20190542","DOIUrl":"https://doi.org/10.1257/AERI.20190542","url":null,"abstract":"This paper offers for the first time a global picture of gender discrimination by the law as it affects women's economic opportunity and charts the evolution of legal inequalities over five decades. Using the World Bank's newly constructed Women, Business and the Law database, we document large and persistent gender inequalities, especially with regard to pay and treatment of parenthood. We find positive correlations between more equal laws pertaining to women in the workforce and more equal labor market outcomes, such as higher female labor force participation and a smaller wage gap between men and women. (JEL D63, J16, J31, J71, J78, K31, K38)","PeriodicalId":29954,"journal":{"name":"American Economic Review-Insights","volume":null,"pages":null},"PeriodicalIF":8.5,"publicationDate":"2020-05-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1257/AERI.20190542","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47748867","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 59
Do Immigrants Assimilate More Slowly Today than in the Past? 与过去相比,今天的移民同化速度是否更慢?
IF 8.5 1区 经济学 Pub Date : 2020-03-01 DOI: 10.1257/aeri.20190079
Ran Abramitzky, Leah Boustan, Katherine Eriksson

Using millions of historical census records and modern birth certificates, we document that immigrants assimilated into US society at similar rates in the past and present. We measure cultural assimilation as immigrants giving their children less foreign names after spending more time in the United States, and show that immigrants erase about one-half of the naming gap with natives after 20 years both historically and today. Immigrants from poorer countries choose more foreign names upon first arrival in both periods but are among the fastest to shift toward native-sounding names. We find substantial cultural assimilation for immigrants of all education levels.

利用数百万历史人口普查记录和现代出生证明,我们记录了移民在过去和现在以相似的速度融入美国社会。我们用移民在美国居住时间越长,给孩子取的外国名字越少来衡量文化同化程度,结果表明,无论是在历史上还是在今天,移民在 20 年后与本地人在取名方面的差距都缩小了约一半。在这两个时期,来自较贫穷国家的移民在初来乍到时选择了更多的外国名字,但他们是最快转向本地发音名字的群体之一。我们发现,各种教育水平的移民都有大量的文化同化现象。
{"title":"Do Immigrants Assimilate More Slowly Today than in the Past?","authors":"Ran Abramitzky, Leah Boustan, Katherine Eriksson","doi":"10.1257/aeri.20190079","DOIUrl":"10.1257/aeri.20190079","url":null,"abstract":"<p><p>Using millions of historical census records and modern birth certificates, we document that immigrants assimilated into US society at similar rates in the past and present. We measure cultural assimilation as immigrants giving their children less foreign names after spending more time in the United States, and show that immigrants erase about one-half of the naming gap with natives after 20 years both historically and today. Immigrants from poorer countries choose more foreign names upon first arrival in both periods but are among the fastest to shift toward native-sounding names. We find substantial cultural assimilation for immigrants of all education levels.</p>","PeriodicalId":29954,"journal":{"name":"American Economic Review-Insights","volume":null,"pages":null},"PeriodicalIF":8.5,"publicationDate":"2020-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7508458/pdf/nihms-1585711.pdf","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"38412338","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The Relation between Behavior under Risk and over Time 风险下的行为与时间的关系
IF 8.5 1区 经济学 Pub Date : 2020-03-01 DOI: 10.1257/AERI.20190051
Anujit Chakraborty, Yoram Halevy, Kota Saito
The paper establishes a tight relation between nonstandard behaviors in the domains of risk and time, by considering a decision-maker with non-expected utility preferences who believes that only present consumption is certain while any future consumption is uncertain. We provide the first complete characterizations of the two-way relations between the certainty effect and present bias, and between the common ratio effect and temporal reversals. (JEL D11, D15, D81, D91)
本文通过考虑具有非预期效用偏好的决策者,建立了风险和时间领域的非标准行为之间的紧密关系,该决策者认为只有当前的消费是确定的,而任何未来的消费都是不确定的。我们首次完整地刻画了确定性效应和当前偏差之间以及共同比率效应和时间反转之间的双向关系。(JEL D11、D15、D81、D91)
{"title":"The Relation between Behavior under Risk and over Time","authors":"Anujit Chakraborty, Yoram Halevy, Kota Saito","doi":"10.1257/AERI.20190051","DOIUrl":"https://doi.org/10.1257/AERI.20190051","url":null,"abstract":"The paper establishes a tight relation between nonstandard behaviors in the domains of risk and time, by considering a decision-maker with non-expected utility preferences who believes that only present consumption is certain while any future consumption is uncertain. We provide the first complete characterizations of the two-way relations between the certainty effect and present bias, and between the common ratio effect and temporal reversals. (JEL D11, D15, D81, D91)","PeriodicalId":29954,"journal":{"name":"American Economic Review-Insights","volume":null,"pages":null},"PeriodicalIF":8.5,"publicationDate":"2020-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1257/AERI.20190051","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46470313","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 23
期刊
American Economic Review-Insights
全部 Acc. Chem. Res. ACS Applied Bio Materials ACS Appl. Electron. Mater. ACS Appl. Energy Mater. ACS Appl. Mater. Interfaces ACS Appl. Nano Mater. ACS Appl. Polym. Mater. ACS BIOMATER-SCI ENG ACS Catal. ACS Cent. Sci. ACS Chem. Biol. ACS Chemical Health & Safety ACS Chem. Neurosci. ACS Comb. Sci. ACS Earth Space Chem. ACS Energy Lett. ACS Infect. Dis. ACS Macro Lett. ACS Mater. Lett. ACS Med. Chem. Lett. ACS Nano ACS Omega ACS Photonics ACS Sens. ACS Sustainable Chem. Eng. ACS Synth. Biol. Anal. Chem. BIOCHEMISTRY-US Bioconjugate Chem. BIOMACROMOLECULES Chem. Res. Toxicol. Chem. Rev. Chem. Mater. CRYST GROWTH DES ENERG FUEL Environ. Sci. Technol. Environ. Sci. Technol. Lett. Eur. J. Inorg. Chem. IND ENG CHEM RES Inorg. Chem. J. Agric. Food. Chem. J. Chem. Eng. Data J. Chem. Educ. J. Chem. Inf. Model. J. Chem. Theory Comput. J. Med. Chem. J. Nat. Prod. J PROTEOME RES J. Am. Chem. Soc. LANGMUIR MACROMOLECULES Mol. Pharmaceutics Nano Lett. Org. Lett. ORG PROCESS RES DEV ORGANOMETALLICS J. Org. Chem. J. Phys. Chem. J. Phys. Chem. A J. Phys. Chem. B J. Phys. Chem. C J. Phys. Chem. Lett. Analyst Anal. Methods Biomater. Sci. Catal. Sci. Technol. Chem. Commun. Chem. Soc. Rev. CHEM EDUC RES PRACT CRYSTENGCOMM Dalton Trans. Energy Environ. Sci. ENVIRON SCI-NANO ENVIRON SCI-PROC IMP ENVIRON SCI-WAT RES Faraday Discuss. Food Funct. Green Chem. Inorg. Chem. Front. Integr. Biol. J. Anal. At. Spectrom. J. Mater. Chem. A J. Mater. Chem. B J. Mater. Chem. C Lab Chip Mater. Chem. Front. Mater. Horiz. MEDCHEMCOMM Metallomics Mol. Biosyst. Mol. Syst. Des. Eng. Nanoscale Nanoscale Horiz. Nat. Prod. Rep. New J. Chem. Org. Biomol. Chem. Org. Chem. Front. PHOTOCH PHOTOBIO SCI PCCP Polym. Chem.
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们:info@booksci.cn
Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1