Publications des institutions partenaires
Do professional norms in the banking industry favor risk-taking?
In recent years, the banking industry has witnessed several cases of excessive risk-taking that frequently have been attributed to problematic professional norms. We conduct experiments with employees from several banks in which we manipulate the saliency of their professional identity and subsequently measure their risk aversion in a real stakes investment task. If bank employees...
Institution partenaire
English / 01/03/2017
The lottery contest is a best-response potential game
It is shown that the n-player lottery contest admits a best-response potential (Voorneveld, 2000, Economics Letters). This is true also when the contest technology reflects the possibility of a draw. The result implies, in particular, the existence of a non-trivial two-player zero-sum game that is best-response equivalent to a game with identical payoff functions.
Institution partenaire
English / 01/03/2017
Revenue ranking of optimally biased contests: the case of two players
It is shown that the equilibrium in the asymmetric Tullock contest is unique for parameter values r ≤ 2. This allows proving a revenue ranking result saying that a revenue-maximizing designer capable of biasing the contest always prefers a contest technology with higher accuracy.
Institution partenaire
English / 01/03/2017
Smoking behaviour in Germany: evidence from the SOEP
As in most OECD countries, smoking prevalence and cigarette consumption have been decreasing in Germany since the early 2000s. This paper analyses whether smoking prevalence and cigarette consumption, as well as their development over time, differ between socio-economic subgroups. Identifying these differences provides insights into the effect of policy interventions on German...
Institution partenaire
English / 01/03/2017
Accounting for the new gains from trade liberalization
We measure the "new" gains from trade reaped by Canada as a result of the Canada-US Free Trade Agreement (CUSFTA). We think of the "new" gains from trade of a country as all welfare effects pertaining to changes in the set of firms serving that country as emphasized in the so-called "new" trade literature. To this end, we first develop an exact...
Institution partenaire
English / 01/03/2017
The role of gender in employment polarization
We document that U.S. employment polarization in the 1980-2008 period is largely generated by women. Female employment shares increase both at the bottom and at the top of the skill distribution, generating the typical U-shape polarization graph, while male employment shares decrease in a more similar fashion along the whole skill distribution. We show that a canonical model of skill...
Institution partenaire
English / 01/03/2017
Poorly measured confounders are more useful on the left than on the right
Researchers frequently test identifying assumptions in regression based research designs (which include instrumental variables or difference-in-differences models) by adding additional control variables on the right hand side of the regression. If such additions do not affect the coefficient of interest (much) a study is presumed to be reliable. We caution that such invariance may...
Institution partenaire
English / 01/03/2017
Decision-making in multiple sclerosis: the role of aversion to ambiguity for therapeutic inertia among neurologists (DIScUTIR MS)
Objectives: Limited information is available on physician-related factors influencing therapeutic inertia (TI) in multiple sclerosis (MS). Our aim was to evaluate whether physicians’ risk preferences are associated with TI in MS care, by applying concepts from behavioral economics.
Design: In this cross-sectional study, participants answered questions regarding the management...
Institution partenaire
English / 01/03/2017
Analysis of the precision of variable flip angle T1 mapping with emphasis on the noise propagated from RF transmit field maps
In magnetic resonance imaging, precise measurements of longitudinal relaxation time (T1) is crucial to acquire useful information that is applicable to numerous clinical and neuroscience applications. In this work, we investigated the precision of T1 relaxation time as measured using the variable flip angle method with emphasis on the noise propagated from radiofrequency transmit...
Institution partenaire
English / 01/03/2017
Maintaining efficiency while integrating entrants from lower performing groups: an experimental study
Efficiently growing a group often requires integrating individuals from lower performing entities. We explore the effectiveness of policies intended to facilitate such integration, using an experiment that models production as a coordination game. We create an efficient group and an inefficient one. We then allow individuals to move into the efficient group under different mechanisms...
Institution partenaire
English / 01/03/2017
Dopamine modulates the functional organization of the orbitofrontal cortex
Neuromodulators such as dopamine can alter the intrinsic firing properties of neurons, and may thereby change the configuration of larger functional circuits. The primate orbitofrontal cortex (OFC) receives dopaminergic input from midbrain nuclei, but the role of dopamine in the OFC is still unclear. Here we tested the idea that dopaminergic activity changes the pattern of...
Institution partenaire
English / 08/02/2017
Network formation with local complements and global substitutes: the case of R&D networks
In this paper we introduce a stochastic network formation model where agents choose both actions and links. Neighbors in the network benefit from each other’s action levels through local complementarities and there exists a global interaction effect reflecting a strategic substitutability in actions. The tractability of the model allows us to provide a complete equilibrium...
Institution partenaire
English / 01/02/2017
Essays on mental characteristics of traders and financial markets
Institution partenaire
English / 01/02/2017
The taxation of superstars
How are optimal taxes affected by superstar phenomena? To answer this question, we extend the Mirrlees model to incorporate an assignment problem in the labor market that generates superstar effects. Perhaps surprisingly, rather than providing a rationale for higher taxes, we show that superstar effects provide a force for lower marginal taxes conditional on the observed distribution...
Institution partenaire
English / 01/02/2017
The lasting legacy of seasonal influenza: in-utero exposure and labor market outcomes
Pregnancy conditions have been shown to matter for later economic success, but many threats to fetal development that have been identified are difficult to prevent. In this paper I study seasonal influenza, a preventable illness that comes around every year and causes strong inflammatory responses in pregnant women. Using administrative data from Denmark, I identify the effects of...
Institution partenaire
English / 01/02/2017
How do people perceive information? Three essays in empirical economics
Institution partenaire
English / 01/02/2017
When work disappears: manufacturing decline and the falling marriage-market value of men
The structure of marriage and child-rearing in U.S. households has undergone two marked shifts in the last three decades: a steep decline in the prevalence of marriage among young adults, and a sharp rise in the fraction of children born to unmarried mothers or living in single-headed households. A potential contributor to both phenomena is the declining labor-market opportunities...
Institution partenaire
English / 01/02/2017
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