-
作者：Benjamin, Daniel J.; Heffetz, Ori; Kimball, Miles S.; Rees-Jones, Alex
作者单位：Cornell University; National Bureau of Economic Research; Cornell University; University of Michigan System; University of Michigan
摘要：Would people choose what they think would maximize their subjective well-being (SWB)? We present survey respondents with hypothetical scenarios and elicit both choice and predicted SWB rankings of two alternatives. While choice and predicted SWB rankings usually coincide in our data, we find systematic reversals. We identify factors-such as predicted sense of purpose, control over one's life, family happiness, and social status-that help explain hypothetical choice controlling for predicted SW...
-
作者：Jackson, Matthew O.; Rodriguez-Barraquer, Tomas; Tan, Xu
作者单位：Stanford University; European University Institute
摘要：We examine the informal exchange of favors in societies such that any two individuals interact too infrequently to sustain exchange, but such that the social pressure of the possible loss of multiple relationships can sustain exchange. Patterns of exchange that are locally enforceable and renegotiation-proof necessitate that all links are supported: any two individuals exchanging favors have a common friend. In symmetric settings, such robust networks are social quilts: tree-like unions of com...
-
作者：Abramitzky, Ran; Boustan, Leah Platt; Eriksson, Katherine
作者单位：Stanford University; University of California System; University of California Los Angeles
摘要：During the age of mass migration (1850-1913), one of the largest migration episodes in history, the United States maintained a nearly open border, allowing the study of migrant decisions unhindered by entry restrictions. We estimate the return to migration while accounting for migrant selection by comparing Norway-to-US migrants with their brothers who stayed in Norway in the late nineteenth century. We also compare fathers of migrants and nonmigrants by wealth and occupation. We find that the...
-
作者：Houde, Jean-Francois
作者单位：University of Pennsylvania
摘要：This paper studies an empirical model of spatial competition applied to gasoline markets. The main feature is to specify commuting paths as the locations'' of consumers in a Hotelling-style model. As a result, spatial differentiation depends in an intuitive way on the structure of the road network and the direction of traffic flows. The model is estimated using panel data on the Quebec City gasoline market and used to evaluate the consequences of a recent vertical merger. Difference-in-differe...
