Income risk, precautionary saving, and loss aversion: An empirical test

Autor: Ibanez, Marcela, Schneider, Sebastian O.

This paper empirically examines the behavioral precautionary saving hypothesis that uncertainty about future income triggers an increase in saving because of loss aversion. Guided by the theoretical model of Koszegi and Rabin (2009), we first extend

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::5e64e44cea788913ec3f9389e88355d0
https://hdl.handle.net/21.11116/0000-000D-5EA6-F21.11116/0000-000D-5CFF-E

Reducing environmental impact through shared ownership: A model of consumer behaviour

We propose a simple model to study the conditions under which consumers prefer to purchase a good in coalition rather than individually. To identify those conditions, we study the full parameter space that defines the characteristics and preferences

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=od________83::a8ef96718382a6bee11d676b5d6e7486
https://doi.org/10.53330/BXEN6934

Reducing environmental impact through shared ownership: A model of consumer behaviour

Autor: Pasimeni, Francesco, Ciarli, Tommaso

We propose a simple model to study the conditions under which consumers prefer to purchase a good in coalition rather than individually. To identify those conditions, we study the full parameter space that defines the characteristics and preferences

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=narcis______::644100205639b77474265daf513bd95a
https://cris.maastrichtuniversity.nl/en/publications/4cdddccf-463a-46ba-9dba-ac16f0004fd5

Reference points and the tradeoff between risk and incentives

Autor: Arjan Non, Tom Stolp, Thomas Dohmen

Publikováno v: Journal of Economic Behavior and Organization, 192, 813-831. Elsevier
Journal of Economic Behavior & Organization, 192, 813-831. Elsevier Science

We conduct laboratory experiments to investigate basic predictions of principal-agent theory about the choice of piece rate contracts in the presence of output risk, and provide novel insights that reference dependent preferences affect the tradeoff

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::cf52dccf75914fa5f6c0227e86a068d5
https://doi.org/10.1016/j.jebo.2021.11.008

Money is not enough

The effectiveness of cash transfer programs to foster social mobility in the medium and long run is still unclear. Using a RDD we found that after six years of exposure to the Ecuadorean cash transfer, living conditions of beneficiaries are worse off

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=od________83::2d030962cc7f5e23cf5ff70584380607
https://cris.maastrichtuniversity.nl/en/publications/100b346f-5583-4866-b6d9-c995c23e86ef