Results 121 to 130 of about 2,083,765 (305)

Lump Sum versus Annuity: Choices of Kentucky Farmers during the Tobacco Buyout Program [PDF]

open access: yes
Our study uses the data collected during the implementation of the tobacco buyout program in Kentucky to evaluate how rural households, diverse in income, age, family structure, location, education level, and other characteristics, made a choice between ...
Marshall, Maria I.   +1 more
core   +1 more source

Effects of mental accounting on intertemporal choice [PDF]

open access: yes, 1997
Two experiments with undergraduates as subjects were carried out with the aim of replicating and extending previous results showing that the implication of the behavioral life-cycle hypothesis (H. M. Shefrin & R. H.
Gärling, Tommy   +2 more
core  

Frisch Elasticity, Directed Technical Change, and Automation: A Unified Framework for Wage Polarization and Skill Premium Dynamics

open access: yesBulletin of Economic Research, EarlyView.
ABSTRACT This paper examines how labor‐supply responsiveness, captured by the inverse Frisch elasticity, shapes wage inequality in the presence of directed technical change and automation. We develop a dynamic general equilibrium model with task‐based production, heterogeneous labor, and endogenous R&D.
Óscar Afonso
wiley   +1 more source

The intertemporal choice study of individual water-saving irrigation construction under three water pricing and subsidy scenarios

open access: yesAgricultural Water Management
The world is confronted with increasing droughts exacerbated by the inefficiency of irrigation, and water-saving irrigation (WSI) holds the potential to alleviate this dilemma.
Yang Yang   +5 more
doaj   +1 more source

Economic activity during extreme events

open access: yesCanadian Journal of Economics/Revue canadienne d'économique, EarlyView.
Abstract Although extreme weather events, natural disasters or infrastructure failures potentially have important economic effects, quantifying these effects over small areas and fine time intervals has been difficult because of the fairly coarse scales available in most data sources. This paper surveys the use of relatively new and finely grained data
John W. Galbraith
wiley   +1 more source

Multi-Profile Intertemporal Social Choice [PDF]

open access: yes, 2012
We provide a brief survey of some literature on intertemporal social choice theory in a multi-profile setting. As is well-known, Arrow’s impossibility result hinges on the assumption that the population is finite.
Bossert, Walter, Suzumura, Kotaro
core   +1 more source

Compared to Dematerialized Money, Cash Increases Impatience in Intertemporal Choice

open access: yesJournal of Consumer Psychology, 2019
When it comes to trading time for money (or vice versa), people tend to be impatient and myopic. Often dramatically so. For illustration, half of people would rather collect $15 now than $30 in three months.
R. Duclos, M. Khamitov
semanticscholar   +1 more source

Loss Aversion and Intertemporal Choice: A Laboratory Investigation [PDF]

open access: yes
We present results from a laboratory study of loss aversion in the context of intertemporal choice. We investigate whether the provision of (windfall) endowments results in different elicited discount rates relative to subjects who earn income or earn ...
Morrison, William G., Oxoby, Robert J.
core  

Addressing environmental misperceptions for nature recovery

open access: yesConservation Biology, EarlyView.
Abstract A poorly understood and systemic challenge to global conservation agreements is shifting baseline syndrome (SBS), wherein people misperceive the extent to which nature has changed. This can diminish societal expectations for nature recovery. We broadened the conceptual framing of SBS beyond the more common elements of nature loss to include ...
Shuo Gao   +3 more
wiley   +1 more source

Information and Intertemporal Choices in Multi-Agent Decision Problems

open access: yesRatio Mathematica, 2016
Psychological evidences of impulsivity and false consensus effect lead results far from rationality. It is shown that impulsivitymodifies the discount function of each individual, and false consensus effect increases the degree of consensus in a multi ...
Mariagrazia Olivieri   +2 more
doaj   +1 more source

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