A key open question for theories of reference-dependent preferences is: what determines the reference point? One candidate is expectations: what people expect could affect how …
Although experimental studies have documented systematic decision errors, many leading scholars believe that experience, competition, and large stakes will reliably extinguish …
This paper proposes a model of cab drivers' labor supply, building on Henry S. Farber's (2005, 2008) empirical analyses and Botond Kőszegi and Matthew Rabin's (2006; …
In the past decades, behavioral economics has become an influential and important field of economics. Interest in behavioral economics derives from unease with standard economic …
DG Pope, JR Sydnor - The Wiley Blackwell handbook of …, 2015 - Wiley Online Library
This chapter reviews recent empirical findings in behavioral economics to provide the reader with a broad sense for where psychology has begun to permeate the economic discipline. It …
We study the labor supply of South Indian boat&owners using daily data on labor force par& ticipation and the value of catches from 2000 to 2007. Our panel is among the most …
H Eggert, V Kahui - Applied Economics, 2013 - Taylor & Francis
We study dynamic labour supply using data on paua (abalone) divers in New Zealand. The divers face stable, flat prices per kilogram after each catch, but experience transitory wage …
PR Locke, SC Mann - Journal of Financial Markets, 2009 - Elsevier
We provide evidence of rational reference-dependent preferences in the proprietary trading of professional traders. We find increased trading effort and risk taking by traders following …
ÖH Çavuş - Sosyal Güvenlik Dergisi, 2021 - dergipark.org.tr
Davranışsal ekonomi, özellikle ana akım neo-klasik ekonomi teorisinin yeterince ele almadığı birey davranışlarının özellikleri ile ilişkisini açıklamak amacıyla standart ekonomi …