To analyze the impact of labor market competition on the structure of compensation, we embed multitasking and screening within a Hotelling framework. Competition for talent leads to an escalation of performance pay, shifting effort away from long-term inv ...
George Stigler, the Nobel prize winner in economics in 1982, once wrote that “economists exert a minor and scarcely detectable influence on the societies in which they live.” It’s not a proposition that Don Patinkin, who trained several generations of “Pa ...
specify an item-response model in which we posit a latent dimension that corresponds to a propensity ... again use an item- response (“IRT”) model, in which justices are assumed to have unidimensional, ...
a broader definition of book equity that would include equity in off-balance-sheet items, exposures from ... the mean, standard deviation, and number of observations for each of the items in Table IV.2. We have ...
We develop a structural theory of beliefs and behavior, that relaxes the assumption of time consistency in beliefs. Our theory is based on the trade-off between optimism, which raises anticipatory utility, and objectivity, which promotes efficient actions ...
ABSTRACT: Despite a surge in policy and research attention to conflict and bullying among adolescents, there is little evidence to suggest that current interventions reduce school conflict. Using a large-scale field experiment, we show that it is possible ...
Hard times give rise to greater demand for protection, but also amplify the negative consequences of such defections, given the risk of drawing retaliation from abroad that could worsen economic conditions. International trade rules include provisions tha ...
with the following item; “to the best of your knowledge, what % of medical scientists agree that vac- cines ... are safe?” (0 to 100 %). Perceived risk was assessed with the following item; “how concerned are you about ... Public support for vaccines was assessed with 8 items, which were combined and av- eraged into a single ...
of the items from half of the categories (e.g., fruit-a____). Analyses of performance on a final cued- recall ... test show that practiced items (Rp+ items; apple) are remembered better than unpracticed unrelated ... items (Nrp items; oak, pine)—a rehearsal effect. Unpracticed items related to those that were practiced ...
ABSTRACT: Integrated assessment models of climate and the economy provide estimates of the social cost of carbon and inform climate policy. We create a variant of the Regional Integrated model of Climate and the Economy (RICE)—a regionally disaggregated ...
One frequently hears, often as a complaint, about the financial regulatory “pendulum” swinging too far in one direction or the other—from excessively tight regulation to excessively lax, and vice versa. My concern in this paper is precisely with those swi ...
ABSTRACT: This paper documents a marked increase in the all-cause mortality of middle-aged white non-Hispanic men and women in the United States between 1999 and 2013. This change reversed decades of progress in mortality and was unique to the United Stat ...
Michael Oppenheimer November, 2015 P Hannam, Z Liao, SJ Davis, M Oppenheimer, Nature Climate Change 5, 983–987 (2015) doi:10.1038/nclimate2731, Published online 23 October 2015 Energy Environment and Energy Download File External Link ...
of the items from half of the categories (e.g., fruit-a____). Analyses of performance on a final cued- recall ... test show that practiced items (Rp+ items; apple) are remembered better than unpracticed unrelated ... items (Nrp items; oak, pine)—a rehearsal effect. Unpracticed items related to those that were practiced ...
of the items from half of the categories (e.g., fruit-a____). Analyses of performance on a final cued- recall ... test show that practiced items (Rp+ items; apple) are remembered better than unpracticed unrelated ... items (Nrp items; oak, pine)—a rehearsal effect. Unpracticed items related to those that were practiced ...
of the items from half of the categories (e.g., fruit-a____). Analyses of performance on a final cued- recall ... test show that practiced items (Rp+ items; apple) are remembered better than unpracticed unrelated ... items (Nrp items; oak, pine)—a rehearsal effect. Unpracticed items related to those that were practiced ...
of the items from half of the categories (e.g., fruit-a____). Analyses of performance on a final cued- recall ... test show that practiced items (Rp+ items; apple) are remembered better than unpracticed unrelated ... items (Nrp items; oak, pine)—a rehearsal effect. Unpracticed items related to those that were practiced ...