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作者:Cason, Timothy N.; Plott, Charles R.
作者单位:Purdue University System; Purdue University; California Institute of Technology
摘要:This study explores the tension between the standard economic theory of preference and nonstandard theories of preference that are motivated by an underlying theory of framing. A simple experiment fails to measure a known preference. The divergence of the measured preference from the known preference reflects a mistake, arising from some subjects' misconception of the game form. We conclude that choice data should not be granted an unqualified interpretation of preference revelation. Mistakes ...
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作者:Rehavi, M. Marit; Starr, Sonja B.
作者单位:University of British Columbia; Canadian Institute for Advanced Research (CIFAR); University of Michigan System; University of Michigan
摘要:Using rich data linking federal cases from arrest through to sentencing, we find that initial case and defendant characteristics, including arrest offense and criminal history, can explain most of the large raw racial disparity in federal sentences, but significant gaps remain. Across the distribution, blacks receive sentences that are almost 10 percent longer than those of comparable whites arrested for the same crimes. Most of this disparity can be explained by prosecutors' initial charging ...
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作者:Acemoglu, Daron; Johnson, Simon
作者单位:Massachusetts Institute of Technology (MIT)
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作者:Bloom, David E.; Canning, David; Fink, Guenther
作者单位:Harvard University
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作者:Dupuy, Arnaud; Galichon, Alfred
作者单位:Maastricht University; IZA Institute Labor Economics; IZA Institute Labor Economics; Center for Economic & Policy Research (CEPR)
摘要:Which and how many attributes are relevant for the sorting of agents in a matching market? This paper addresses these questions by constructing indices of mutual attractiveness that aggregate information about agents' attributes. The first k indices for agents on each side of the market provide the best approximation of the matching surplus by a k-dimensional model. The methodology is applied on a unique Dutch household survey containing information about education, height, body mass index, he...
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作者:de Clippel, Geoffroy; Eliaz, Kfir; Rozen, Kareen
作者单位:Brown University; Tel Aviv University; University of Michigan System; University of Michigan; Yale University
摘要:Consumers purchase multiple types of goods but may be able to examine only a limited number of markets for the best price. We propose a simple model that captures these features, conveying new insights. A firm's price can deflect or draw attention to its market, and consequently, limited attention introduces a new dimension of cross-market competition. We characterize the equilibrium and show that having partially attentive consumers improves consumer welfare. With less attention, consumers ar...