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作者：Li, Huailu; Lang, Kevin; Leong, Kaiwen
作者单位：Fudan University; Boston University; National Bureau of Economic Research; Nanyang Technological University
摘要：The street sex worker market in Geylang, Singapore is a highly competitive market in which clients can search legally at negligible cost, making it ideal for testing Diamond's hypothesis regarding search and monopoly pricing. As Diamond predicts, price discrimination survives in this market. Despite an excess supply of workers, but consistent with their self-reported attitudes and beliefs, sex workers charge whites (Bangladeshis) more (less), based on perceived willingness to pay, and are more...
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作者：Hinnosaar, Toomas
作者单位：Collegio Carlo Alberto
摘要：Risk-neutral sellers can extract high profits from risk-loving buyers using lotteries. To limit risk-taking, gambling is heavily regulated in most countries. In this article, I show that protecting risk-loving buyers is essentially impossible. Even if sellers are restricted from using mechanisms that resemble lotteries, they can still construct selling mechanisms that ensure unbounded profits as long as buyers are risk-loving, at least asymptotically. Asymptotically risk-loving preferences are...
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作者：Picchio, Matteo; Suetens, Sigrid; van Ours, Jan C.
作者单位：Marche Polytechnic University; IZA Institute Labor Economics; Tilburg University; Center for Economic & Policy Research (CEPR); Erasmus University Rotterdam; Erasmus University Rotterdam - Excl Erasmus MC; University of Melbourne; Tinbergen Institute
摘要：Our article investigates how winning a substantial lottery prize affects labour supply. Analysing data from Dutch State Lottery winners, we find that winning a lottery prize reduces labour earnings in the year of the winning, as well as in the years after the winning. This suggests that winning a lottery prize makes one work fewer hours. The effects are small but statistically significant. We do not find a significant effect of lottery prizes on the probability of being employed.
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作者：Mujcic, Redzo; Leibbrandt, Andreas
作者单位：Vienna University of Economics & Business; Monash University
摘要：Some of the greatest human achievements are difficult to imagine without prosociality. This article employs a natural field experiment to investigate indirect reciprocity in natural social interactions. We find strong evidence of indirect reciprocity in one-shot interactions among drivers. Subjects for whom other drivers stopped were more than twice as likely to extend a similar act to a third party. This result is robust to a number of factors including age, gender, social status, presence of...
