The American Economic Review

最新文章

• The Failure and Promise of Mandated Consumer Mortgage Disclosures: Evidence from Qualitative Interviews and a Controlled Experiment with Mortgage Borrowers AI翻译
  作者：Lacko, James M.; Pappalardo, Janis K.
• Mexican Immigrant Employment Outcomes over the Business Cycle AI翻译
  作者：Orrenius, Pia M.; Zavodny, Madeline
  作者单位：Federal Reserve System - USA; Federal Reserve Bank - Dallas
• A Price Theory of Multi-Sided Platforms AI翻译
  作者：Weyl, E. Glen
  作者单位：Harvard University
  摘要：I develop a general theory of monopoly pricing of networks. Platforms use insulating tariffs to avoid coordination failure, implementing any desired allocation. Profit maximization distorts in the spirit of A. Michael Spence (1975) by internalizing only network externalities to marginal users. Thus the empirical and prescriptive content of the popular Jean-Charles Rochet and Jean Tirole (2006) model of two-sided markets turns on the nature of user heterogeneity. I propose a more plausible, yet...
• Family Health, Children's Own Health, and Test Score Gaps AI翻译
  作者：Andrews, Rodney J.; Logan, Trevon D.
  作者单位：University of Texas System; University of Texas Dallas; University System of Ohio; Ohio State University; National Bureau of Economic Research
• Can Higher Prices Stimulate Product Use? Evidence from a Field Experiment in Zambia AI翻译
  作者：Ashraf, Nava; Berry, James; Shapiro, Jesse M.
  作者单位：Harvard University; Cornell University; University of Chicago
  摘要：The controversy over how much to charge for health products in the developing world rests, in part, on whether higher prices can increase use, either by targeting distribution to high-use households (a screening effect), or by stimulating use psychologically through a sunk-cost effect. We develop a methodology for separating these two effects. We implement the methodology in a field experiment in Zambia using door-to-door marketing of a home water purification solution. We find evidence of eco...
• Achievement Goals, Locus of Control, and Academic Success in Economics AI翻译
  作者：Hadsell, Lester
  作者单位：State University of New York (SUNY) System
• Equilibrium Fictions: A Cognitive Approach to Societal Rigidity AI翻译
  作者：Hoff, Karla; Stiglitz, Joseph E.
  作者单位：The World Bank; Columbia University
• Do We Follow Others when We Should? A Simple Test of Rational Expectations AI翻译
  作者：Weizsaecker, Georg
  作者单位：Leibniz Association; DIW Berlin - Deutsches Institut fur Wirtschaftsforschung
  摘要：The paper presents a meta dataset covering 13 experiments on social learning games. It is found that in situations where it is empirically optimal to follow others and contradict one's own information, the players err in the majority of cases, forgoing substantial parts of earnings. The average player contradicts her own signal only if the empirical odds ratio of the own signal being wrong, conditional on all available information, is larger than 2:1, rather than 1:1 as would be implied by rat...
• Kinship, Incentives, and Evolution AI翻译
  作者：Alger, Ingela; Weibull, Jorgen W.
  作者单位：Carleton University; Stockholm School of Economics
  摘要：We analyze how family ties affect incentives, with focus on the strategic interaction between two mutually altruistic siblings. The siblings exert effort to produce output under uncertainty, and they may transfer output to each other. With equally altruistic siblings, their equilibrium effort is nonmonotonic in the common degree of altruism, and it depends on the harshness of the environment. We define a notion of local evolutionary stability of degrees of sibling altruism and show that this d...
• Monetary Policy Rules and Macroeconomic Stability: Some New Evidence AI翻译
  作者：Mavroeidis, Sophocles
  作者单位：Brown University