infonet-economy

Wirtschaftsprofessor David Dorn über die Gründe für die zunehmende Lohnungleichheit in der Schweiz

Increased responding to drug-associated stimuli (cue reactivity) and an inability to tolerate delayed gratification (reward impulsivity) have been implicated in the development and maintenance of drug addiction. Whereas data from animal studies suggest that both the dopamine and opioid system are involved in these two reward-related processes, their role in humans is less clear.…

Theoretical principles of information processing and empirical findings suggest that to efficiently represent all possible rewards in the natural environment, reward-sensitive neurons have to adapt their coding range dynamically to the current reward context. Adaptation ensures that the reward system is most sensitive for the most likely rewards, enabling the system to efficiently…

We study the effects of the adoption of new agricultural technologies on structural transformation. To guide empirical work, we present a simple model where the effect of agricultural productivity on industrial development depends on the factor bias of technical change. We test the predictions of the model by studying the introduction of genetically engineered soybean seeds in Brazil…

Visual perception is strongly shaped by expectations, but it is poorly understood how such perceptual expectations are learned in our dynamic sensory environment. Here, we applied a Bayesian framework to investigate whether perceptual expectations are continuously updated from different aspects of ongoing experience. In two experiments, human observers performed an associative…

Der technische Fortschritt vernichtet Arbeitsplätze und schafft neue. Über die Entwicklung der Arbeitswelt sprachen Roger Nickl und Thomas Gull mit der Historikerin Brigitta Bernet und dem Ökonomen David Dorn.

Behavioral robustness is essential in mechanism design. Existing papers focus on robustness as captured by dominant strategies. This paper studies the novel concept of externality-robustness, which addresses players' motives to affect other players' monetary payoffs. One example is externalities due to spite, which has been used to explain overbidding in second-price…

Many recent studies point to increasing inequality in mortality in the United States over the past 20 years. These studies often use mortality rates in middle and old age. We used poverty level rankings of groups of U.S. counties as a basis for analyzing inequality in mortality for all age groups in 1990, 2000, and 2010. Consistent with previous studies, we found increasing…