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作者:Krueger, AB; Whitmore, DM
作者单位:Princeton University
摘要:This paper provides a long-term follow-up analysis of students who participated in the Tennessee STAR experiment. In this experiment, students and, their teachers were randomly assigned to small, regular-size, or regular size classes with a teacher aide in the first four) ears of school. We analyse the effect of past attendance in small classes on student test scores and whether they took the ACT or SAT college entrance exam. Attending a small class in the early grades is associated with an in...
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作者:Clark, K; Sefton, M
作者单位:University of Manchester; University of Nottingham
摘要:we investigate how fairness concerns influence individual behaviour in social dilemmas. Using a Sequential Prisoner's Dilemma experiment we analyse the extent to which co-operation is conditional on first-mover co-operation, repetition, economic incentives, subject pool (United Kingdom vs. United States) and gender. We find the most important variable influencing cooperation is the first-mover's choice, supporting the argument that co-operative behaviour in social dilemmas reflects reciprocati...
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作者:Carlin, W; Glyn, A; Van Reenen, J
作者单位:University of London; University College London; University of Oxford
摘要:We investigate the relationship between export market shares and relative unit labour costs using a long panel of 12 manufacturing industries across 14 OECD countries. We ask how sensitive are export market shares to changes in relative costs and what determines tills sensitivity? Both costs and embodied technology are important, but neither can fully explain changing export positions. We explore whether residual country-specific trends might be linked to 'deep' structural features of economie...
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作者:Haliassos, M; Hassapis, C
作者单位:University of Cyprus
摘要:Despite increased stockholding opportunities, standard expected-utility models overpredict household participation and stock holdings. It has been suggested that departures from expected utility could resolve both puzzles. We investigate three measurable departures: (i) Kreps-Porteus preferences, (ii) Yaari's Dual Theory, and (iii) Quiggin's Rank-dependent Utility. Improvements tend to occur in predicted portfolio composition rather than participation, They are limited under (i), questionable ...