All Outputs (58)

An Adaptive Model of Demand Adjustment in Weighted Majority Games (2021)
Journal Article
Montero, M., & Possajennikov, A. (2021). An Adaptive Model of Demand Adjustment in Weighted Majority Games. Games, 13(1), Article 5. https://doi.org/10.3390/g13010005

This paper presents a simple adaptive model of demand adjustment in cooperative games and analyzes this model in weighted majority games. In the model, a randomly chosen player sets her demand to the highest possible value subject to the demands of o... Read More about An Adaptive Model of Demand Adjustment in Weighted Majority Games.

Early Childhood Health During Conflict: The Legacy of the Lord’s Resistance Army in Northern Uganda* (2021)
Journal Article
Bridges, S., & Scott, D. (2021). Early Childhood Health During Conflict: The Legacy of the Lord’s Resistance Army in Northern Uganda*. Oxford Bulletin of Economics and Statistics, 84(4), 694-718. https://doi.org/10.1111/obes.12480

This paper finds evidence of severe health deficits among young children who were exposed to the Lord’s Resistance Army insurgency in Northern Uganda (1987–2007). We employ a difference-in-differences approach to estimate a 0.74 standard deviation de... Read More about Early Childhood Health During Conflict: The Legacy of the Lord’s Resistance Army in Northern Uganda*.

Default Effects of Credit Card Minimum Payments (2021)
Journal Article
Sakaguchi, H., Stewart, N., Gathergood, J., Adams, P., Guttman-Kenney, B., Hayes, L., & Hunt, S. (2022). Default Effects of Credit Card Minimum Payments. Journal of Marketing Research, 59(4), 775-796. https://doi.org/10.1177/00222437211070589

Credit card minimum payments are designed to ensure that individuals pay down their debt over time, and scheduling minimum automatic repayments helps to avoid forgetting to repay. Yet minimum payments have additional, unintended psychological default... Read More about Default Effects of Credit Card Minimum Payments.

Social proximity and the erosion of norm compliance (2021)
Journal Article
Bicchieri, C., Dimant, E., Gächter, S., & Nosenzo, D. (2022). Social proximity and the erosion of norm compliance. Games and Economic Behavior, 132, 59-72. https://doi.org/10.1016/j.geb.2021.11.012

We study how compliance with norms of pro-social behavior is influenced by peers' compliance in a dynamic and non-strategic experimental setting. We show that social proximity among peers is a crucial determinant of the effect. Without social proximi... Read More about Social proximity and the erosion of norm compliance.

Countering Public Opposition to Immigration: The Impact of Information Campaigns (2021)
Journal Article
Facchini, G., Margalit, Y., & Nakata, H. (2022). Countering Public Opposition to Immigration: The Impact of Information Campaigns. European Economic Review, 141, Article 103959. https://doi.org/10.1016/j.euroecorev.2021.103959

Is opposition to immigration deeply entrenched or is it open to updating in the face of new information? We explore this question by examining how attitudes of native citizens shift following exposure to information that points to potential upsides o... Read More about Countering Public Opposition to Immigration: The Impact of Information Campaigns.

Estimation of large dimensional time varying VARs using copulas (2021)
Journal Article
Tsionas, M. G., Izzeldin, M., & Trapani, L. (2022). Estimation of large dimensional time varying VARs using copulas. European Economic Review, 141, Article 103952. https://doi.org/10.1016/j.euroecorev.2021.103952

This paper provides a simple, yet reliable, alternative to the (Bayesian) estimation of large multivariate VARs with time variation in the conditional mean equations and/or in the covariance structure. The original multivariate, n-dimensional model i... Read More about Estimation of large dimensional time varying VARs using copulas.

Contagion in networks: Stability and efficiency (2021)
Journal Article
Bougheas, S. (2022). Contagion in networks: Stability and efficiency. Mathematical Social Sciences, 115, 64-77. https://doi.org/10.1016/j.mathsocsci.2021.10.006

We study the formation of networks in environments where agents derive benefits from their neighbours (immediate links) but suffer losses through contagion when any agent on a path that connects them is hit by a shock. We first consider networks with... Read More about Contagion in networks: Stability and efficiency.

A job ladder model with stochastic employment opportunities (2021)
Journal Article
Bradley, J., & Gottfries, A. (2021). A job ladder model with stochastic employment opportunities. Quantitative Economics, 12(4), 1399-1430. https://doi.org/10.3982/QE1394

We set up a model with on-the-job search in which firms infrequently post vacancies for which workers occasionally apply. The model nests the standard job ladder and stock-flow models as special cases, while remaining analytically tractable and easy... Read More about A job ladder model with stochastic employment opportunities.

Naivety about hidden information: An experimental investigation (2021)
Journal Article
Montero, M., & Sheth, J. D. (2021). Naivety about hidden information: An experimental investigation. Journal of Economic Behavior and Organization, 192, 92-116. https://doi.org/10.1016/j.jebo.2021.09.032

The unraveling prediction of disclosure theory relies on the idea that strategic forces lead firms (information senders) to voluntarily disclose information about the quality of their products provided the information disclosed is verifiable and the... Read More about Naivety about hidden information: An experimental investigation.

One size does not fit all: Plurality of social norms and saving behavior in Kenya (2021)
Journal Article
Fromell, H., Nosenzo, D., Owens, T., & Tufano, F. (2021). One size does not fit all: Plurality of social norms and saving behavior in Kenya. Journal of Economic Behavior and Organization, 192, 73-91. https://doi.org/10.1016/j.jebo.2021.09.028

Using the Krupka–Weber norm-elicitation technique in a lab-in-the-field experiment in rural Kenya, we measure the social norms that regulate the trade-off between wealth accumulation through saving and sharing income with kin and neighbors. We find a... Read More about One size does not fit all: Plurality of social norms and saving behavior in Kenya.

Policy Effects of International Taxation on Firm Dynamics and Capital Structure (2021)
Journal Article
Spencer, A. H. (2022). Policy Effects of International Taxation on Firm Dynamics and Capital Structure. Review of Economic Studies, 89(4), 2149-2200. https://doi.org/10.1093/restud/rdab071

This article develops a quantitative open economy framework with dynamics, firm heterogeneity and financial frictions to study the impact of corporate tax reforms targeted at multinationals. The model quantifies their impact on firm selection, produc... Read More about Policy Effects of International Taxation on Firm Dynamics and Capital Structure.

The Geography of Knowledge and R&D-led Growth (2021)
Journal Article
Aloi, M., Poyago-Theotoky, J., & Tournemaine, F. (2022). The Geography of Knowledge and R&D-led Growth. Journal of Economic Geography, 22(6), 1149–1190. https://doi.org/10.1093/jeg/lbab019

We analyse how spatial disparities in innovation activities, coupled with migration costs, affect economic geography, market structure, growth and regional inequality. We provide conditions for existence and uniqueness of a spatial equilibrium, and f... Read More about The Geography of Knowledge and R&D-led Growth.

Externalities in knowledge production: evidence from a randomized field experiment (2021)
Journal Article
Hinnosaar, M., Hinnosaar, T., Kummer, M. E., & Slivko, O. (2022). Externalities in knowledge production: evidence from a randomized field experiment. Experimental Economics, 25(2), 706-733. https://doi.org/10.1007/s10683-021-09730-x

Are there positive or negative externalities in knowledge production? We analyze whether current contributions to knowledge production increase or decrease the future growth of knowledge. To assess this, we use a randomized field experiment that adde... Read More about Externalities in knowledge production: evidence from a randomized field experiment.

Implementation in Pakistan of the US Integrated Cargo Container Control program: Trade‐facilitating or not? (2021)
Journal Article
Ali, S., Kneller, R., & Milner, C. (2021). Implementation in Pakistan of the US Integrated Cargo Container Control program: Trade‐facilitating or not?. Canadian Journal of Economics / Revue Canadienne d'Économique, 54(3), 1136-1167. https://doi.org/10.1111/caje.12533

Using novel firm-level data, we examine the trade effect of the changed security arrangements for Pakistan's exports to the US following 9/11. The pre-shipment scanning facility introduced by the Integrated Cargo Container Control (IC3) program, foll... Read More about Implementation in Pakistan of the US Integrated Cargo Container Control program: Trade‐facilitating or not?.

Cash Crops, Print Technologies, and the Politicization of Ethnicity in Africa (2021)
Journal Article
Pengl, Y. I., Roessler, P., & Rueda, V. (2022). Cash Crops, Print Technologies, and the Politicization of Ethnicity in Africa. American Political Science Review, 116(1), 181-199. https://doi.org/10.1017/S0003055421000782

What are the origins of the ethnic landscapes in contemporary states? Drawing on a preregistered research design, we test the influence of dual socioeconomic revolutions that spread throughout Africa during the nineteenth and twentieth centuries - ex... Read More about Cash Crops, Print Technologies, and the Politicization of Ethnicity in Africa.

Original sin in corporate finance: New evidence from Asian bond issuers in onshore and offshore markets (2021)
Journal Article
Mizen, P., Packer, F., Remolona, E., & Tsoukas, S. (2021). Original sin in corporate finance: New evidence from Asian bond issuers in onshore and offshore markets. Journal of International Money and Finance, 119, Article 102489. https://doi.org/10.1016/j.jimonfin.2021.102489

In this paper, we focus on the surprising phenomenon in which firms face difficulty issuing in domestic currency even in the home market, especially in emerging markets. Could this be due to "original sin" which has been familiar to sovereign bond is... Read More about Original sin in corporate finance: New evidence from Asian bond issuers in onshore and offshore markets.

Individual-level loss aversion in riskless and risky choices (2021)
Journal Article
Gächter, S., Johnson, E. J., & Herrmann, A. (2022). Individual-level loss aversion in riskless and risky choices. Theory and Decision, 92(3-4), 599-624. https://doi.org/10.1007/s11238-021-09839-8

Loss aversion can occur in riskless and risky choices. We present novel evidence on both in a non-student sample (660 randomly selected customers of a car manufacturer). We measure loss aversion in riskless choice in endowment effect experiments with... Read More about Individual-level loss aversion in riskless and risky choices.

Social mindfulness and prosociality vary across the globe (2021)
Journal Article
Van Doesum, N. J., Murphy, R. O., Gallucci, M., Aharonov-Majar, E., Athenstaedt, U., Au, W. T., …Van Lange, P. A. M. (2021). Social mindfulness and prosociality vary across the globe. Proceedings of the National Academy of Sciences, 118(35), Article e2023846118. https://doi.org/10.1073/pnas.2023846118

Humans are social animals, but not everyone will be mindful of others to the same extent. Individual differences have been found, but would social mindfulness also be shaped by one’s location in the world? Expecting cross-national differences to exis... Read More about Social mindfulness and prosociality vary across the globe.

Confidence snowballing and relative performance feedback (2021)
Journal Article
Murad, Z., & Starmer, C. (2021). Confidence snowballing and relative performance feedback. Journal of Economic Behavior and Organization, 190, 550-572. https://doi.org/10.1016/j.jebo.2021.08.006

We investigate whether uninformative relative performance feedback can create biases in confidence leading it to 'snowball'. We study elicited confidence about own performance, relative to other group members, in three stages. As subjects move across... Read More about Confidence snowballing and relative performance feedback.

Disability in Uganda: a medical intervention to measure gendered impacts on functional independence and labour-market outcomes (2021)
Journal Article
Abubakar, A., Bridges, S., Gaggero, A., & Owens, T. (2021). Disability in Uganda: a medical intervention to measure gendered impacts on functional independence and labour-market outcomes. Oxford Development Studies, 49(4), 324-336. https://doi.org/10.1080/13600818.2021.1959539

Using data from an orthotic intervention in Kampala, Uganda, this paper estimates the health and economic impacts of providing orthotic equipment to adults with lower limb disabilities. We examine changes to: (i) functional mobility and (ii) labour m... Read More about Disability in Uganda: a medical intervention to measure gendered impacts on functional independence and labour-market outcomes.