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作者：Griffith, Rachel; Harrison, Rupert; Van Reenen, John
作者单位：University of London; London School Economics & Political Science; University of London; London School Economics & Political Science
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作者：Costa-Gomes, Miguel A.; Crawford, Vincent P.
作者单位：University of York - UK; University of California System; University of California San Diego
摘要：This paper reports an experiment that elicits subjects' initial responses to 16 dominance-solvable two-person guessing games. The structure is publicly announced except for varying payoff parameters, to which subjects are given free access. Varying the parameters allows very strong separation of the behavior implied by leading decision rules. Subjects' decisions and searches show that most subjects understood the games and sought to maximize payoffs, but many had simplified models of others' d...
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作者：Fudenberg, Drew; Levine, David K.
作者单位：Harvard University; Washington University (WUSTL); Federal Reserve System - USA; Federal Reserve Bank - Minneapolis
摘要：We propose that a simple dual-self model gives a unified explanation,for several empirical regularities, including the apparent time inconsistency that has motivated models of quasi-hyperbolic discounting and Rabin's paradox of risk aversion in the large and small. The model also implies that self-control costs imply excess delay, as in the O'Donoghue and Rabin models of quasi-hyperbolic utility, and it explains experimental evidence that increased cognitive load makes temptations harder to re...
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作者：Martin, Philippe; Rey, Helene
作者单位：Paris School of Economics; heSam Universite; Universite Pantheon-Sorbonne; Centre for Economic Policy Research - UK; Princeton University; National Bureau of Economic Research
摘要：We analyze the effects of financial and trade globalization on the likelihood of financial crashes in emerging markets. While trade globalization always makes crashes less likely, financial globalization may snake them more likely, especially when trade costs are high. Pessimistic expectations can be self-fulfilling and lead to a collapse in demand,for goods curd assets. Such a crash comes with a current account reversal and drops in income and investment. Lower-income countries are more prone...
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作者：Manacorda, Marco
作者单位：University of London; Queen Mary University London; London School Economics & Political Science; University of London; London School Economics & Political Science
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作者：Boisjoly, Johanne; Duncan, Greg J.; Kremer, Michael; Levy, Dan M.; Eccles, Jacque
作者单位：University of Quebec; Northwestern University; Harvard University
