Results 21 to 30 of about 72,391 (49)
We evaluate a pedagogical intervention aimed at improving learning in elementary school children by fostering their curiosity. We test the effectiveness of the pedagogy using achievement scores and a novel measure of curiosity.
Sule Alan, Ipek Mumcu
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Uncertainty and Information Acquisition: Evidence from Firms and Households
We leverage the small open economy Switzerland as a testing ground for basic premises of macroeconomic models of endogenous information acquisition, using tailored surveys of firms and households.
H. Mikosch+3 more
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Rational Inattention and the Business Cycle Effects of Productivity and News Shocks
We solve a real business cycle model with rational inattention (an RI-RBC model). In the RI-RBC model, the growth rates of employment, investment, and output are about as persistent as in the data, with an amount of inattention consistent with survey ...
Bartosz Mackowiak, Mirko Wiederholt
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Innovation Diffusion in Heterogeneous Populations: Contagion, Social Influence, and Social Learning
New ideas, products, and practices take time to diffuse, a fact that is often attributed to some form of heterogeneity among potential adopters. This paper examines three broad classes of diffusion models -- contagion, social influence, and social ...
Joshua Epstein+8 more
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Reference-Dependent Consumption Plans
We develop a rational dynamic model in which people are loss averse over changes in beliefs about present and future consumption. Because changes in wealth are news about future consumption, preferences over money are reference-dependent.
B. Kőszegi, M. Rabin
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Intelligence Disclosure and Cooperation in Repeated Interactions
How does information about players’ intelligence affect strategic behavior? Game theory, based on the assumption of common knowledge of rationality, does not provide useful predictions.
Marco Lambrecht+3 more
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Indirect Savings from Public Procurement Centralization
Centralization of public procurement can lower prices for the government’s direct purchase of goods and services. This paper focuses on indirect savings.
C. Lotti+3 more
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Should They Compete or Should They Cooperate? The View of Agency Theory
What is the most efficient way of designing incentives in an organization? Over the past five decades, agency theory has provided various answers to this crucial question.
Pierre Fleckinger+2 more
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Generative AI for Economic Research: Use Cases and Implications for Economists
Journal of Economic Literature, 2023Generative artificial intelligence (AI) has the potential to revolutionize research. I analyze how large language models (LLMs) such as ChatGPT can assist economists by describing dozens of use cases in six areas: ideation and feedback, writing ...
Anton Korinek
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Yellow Vests, Pessimistic Beliefs, and Carbon Tax Aversion
American Economic Journal: Economic Policy, 2022Using a representative survey, we find that after the Yellow Vests movement, French people would largely reject a tax and dividend policy, i.e., a carbon tax whose revenues are redistributed uniformly to each adult.
Thomas Douenne, Adrien Fabre
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