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作者：Avery, Christopher N.; Glickman, Mark E.; Hoxby, Caroline M.; Metrick, Andrew
作者单位：Boston University; Stanford University
摘要：We present a method of ranking U.S. undergraduate programs based on students' revealed preferences. When a student chooses a college among those that have admitted him, that college wins his tournament. Our method efficiently integrates the information from thousands of such tournaments. We implement the method using data from a national sample of high-achieving students. We demonstrate that this ranking method has strong theoretical properties, eliminating incentives for colleges to adopt str...
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作者：Gennaioli, Nicola; La Porta, Rafael; Lopez-de-Silanes, Florencio; Shleifer, Andrei
作者单位：Bocconi University; Dartmouth College; Harvard University
摘要：We investigate the determinants of regional development using a newly constructed database of 1,569 subnational regions from 110 countries covering 74% of the world's surface and 97% of its GDP. We combine the cross-regional analysis of geographic, institutional, cultural, and human capital determinants of regional development with an examination of productivity in several thousand establishments located in these regions. To organize the discussion, we present a new model of regional developme...
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作者：Koszegi, Botond; Szeidl, Adam
作者单位：Central European University; University of California System; University of California Berkeley; National Bureau of Economic Research
摘要：We present a generally applicable theory of focusing based on the hypothesis that a person focuses more on, and hence overweights, attributes in which her options differ more. Our model predicts that the decision maker is too prone to choose options with concentrated advantages relative to alternatives, but maximizes utility when the advantages and disadvantages of alternatives are equally concentrated. Applying our model to intertemporal choice, these results predict that a person exhibits pr...
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作者：Harris, Christopher; Laibson, David
作者单位：University of Cambridge; Harvard University; National Bureau of Economic Research
摘要：Extending Barro (1999) and Luttmer and Mariotti (2003), we introduce a new model of time preferences: the instantaneous-gratification model. This model applies tractably to a much wider range of settings than existing models. It applies to both complete- and incomplete-market settings and it works with generic utility functions. It works in settings with linear policy rules and in settings in which equilibrium cannot be supported by linear rules. The instantaneous-gratification model also gene...
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作者：Carvalho, Jean-Paul
作者单位：University of California System; University of California Irvine
摘要：Veiling among Muslim women is modeled as a commitment mechanism that limits temptation to deviate from religious norms of behavior. The analysis suggests that veiling is a strategy for integration, enabling women to take up outside economic opportunities while preserving their reputation within the community. This accounts for puzzling features of the new veiling movement since the 1970s. Veiling also has surprising effects on the intergenerational transmission of values. Compulsory veiling la...
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作者：Kuziemko, Ilyana
作者单位：National Bureau of Economic Research
摘要：Over the past 30 years, many states have abolished parole boards, which traditionally have had the discretion to release inmates before the expiration of their full sentence, in favor of fixed-sentence regimes in which the original sentence is binding. However, if prison time lowers recidivism risk and if parole boards can accurately estimate inmates' recidivism risk, then relative to a fixed-sentence regime, parole can provide allocative-efficiency benefits (costly prison space is allocated t...
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作者：Bloom, Nicholas; Eifert, Benn; Mahajan, Aprajit; McKenzie, David; Roberts, John
作者单位：Stanford University; National Bureau of Economic Research; The World Bank
摘要：A long-standing question is whether differences in management practices across firms can explain differences in productivity, especially in developing countries where these spreads appear particularly large. To investigate this, we ran a management field experiment on large Indian textile firms. We provided free consulting on management practices to randomly chosen treatment plants and compared their performance to a set of control plants. We find that adopting these management practices raise...
