Results 191 to 200 of about 3,892 (288)

Ambiguity Aversion, Portfolio Choice, and Life Expectancy

open access: yesInternational Economic Review, EarlyView.
ABSTRACT This paper studies how wealth and aging affect portfolio choices in a life‐cycle model with ambiguity aversion. Ambiguity aversion implies wealthier and older agents are endogenously more optimistic about risky asset returns, relative to poorer/younger agents. As life expectancy grows, old agents become even more optimistic, while young agents
Alistair Macaulay, Chenchuan Shi
wiley   +1 more source

Flexible Contract, Flexible Morale? Microcredit Design and Repayment Discipline

open access: yesInternational Economic Review, EarlyView.
ABSTRACT Flexible repayment benefits borrowers, but practitioners fear increased moral hazard. Investigating their concerns requires disentangling repayment choices from repayment capacity, which is typically infeasible in field studies. We use a lab‐in‐the‐field experiment with 645 microcredit borrowers to cleanly identify the effect of repayment ...
Kristina Czura, Anett John, Lisa Spantig
wiley   +1 more source

Theorizing the Linkage between Place Branding and Sustainable Destinations: An Integrative and Generative Review

open access: yesInternational Journal of Management Reviews, EarlyView.
Abstract The urgent transition towards more sustainable futures requires places and tourism destinations to leverage every available tool to assist in this effort. Previous research brought attention to the subjective and perceptual dimension of sustainable tourism, suggesting the importance of stakeholders’ perceptions in destination development ...
Cecilia Pasquinelli, Mihalis Kavaratzis
wiley   +1 more source

Investigating the effects of single-dose intranasal testosterone on economic preferences in a large randomized trial of men. [PDF]

open access: yesProc Natl Acad Sci U S A
Dreber A   +14 more
europepmc   +1 more source

The Labor Market Effects of Occupational Licensing in the Public Sector

open access: yesIndustrial Relations: A Journal of Economy and Society, EarlyView.
ABSTRACT In the United States, occupational licensing is about twice as prevalent in the public sector as in the private sector. However, the influence of occupational regulation for public sector workers and how it compares with that of private sector workers has not been analyzed in detail.
Morris M. Kleiner, Wenchen Wang
wiley   +1 more source

Conversational AI Agents: The Effect of Process and Outcome Variation on Anthropomorphism and Trust

open access: yesInformation Systems Journal, EarlyView.
ABSTRACT Organisations increasingly deploy conversational AI agents (CAs) in agentic roles where behavioural variations are inevitable. Prior work often conflates two distinct forms of variation: outcome variation (where success fluctuates) and process variation (where the path to completion varies).
Kambiz Saffarizadeh, Mark Keil
wiley   +1 more source

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