Publications des institutions partenaires
Rage against the machines: labor-Saving technology and unrest in England, 1830-32
Can the adoption of labor-saving technology lead to social instability and unrest? We examine a canonical historical case, the so-called ‘Captain Swing’ riots in 1830s Britain. Variously attributed to the adverse consequences of weather shocks, the shortcomings of the Poor Law, or the after-effects of enclosure, we emphasize the importance of a new technology – the threshing machine...
Institution partenaire
English / 01/01/2017
Aggregate sentiment and investment: an experimental study
Sentiment indices, such as measures of consumer confidence, are often discussed as potential indicators of future investment, consumption and growth. However, documenting a causal relationship between consumer confidence and output — and understanding the precise nature of the relationship — using field data has been challenging. We rely on the high degree of control afforded by a...
Institution partenaire
English / 01/01/2017
Reward, value, and salience
Value and salience are key variables for associative learning, decision-making, and attention. In this chapter we review definitions of value and salience, and describe human neuroimaging studies that dissociate these variables. Value increases with the magnitude and probability of reward but decreases with the magnitude and probability of punishment, whereas salience increases with...
Institution partenaire
English / 01/01/2017
Protektionismus ist keine Lösung
Die Globalisierung hat in den USA Arbeitsplätze gekostet. Diese Stellen lassen sich mit Einschränkungen des internationalen Handels jedoch nicht gezielt zurückholen.
Institution partenaire
Deutsch / 19/12/2016
Did declining social mobility cause Trump’s rise? In a word, no.
Institution partenaire
English / 09/12/2016
Dynamical representation of dominance relationships in the human rostromedial prefrontal cortex
Humans and other primates have evolved the ability to represent their status in the group's social hierarchy, which is essential for avoiding harm and accessing resources. Yet it remains unclear how the human brain learns dominance status and adjusts behavior accordingly during dynamic social interactions. Here we address this issue with a combination of fMRI and transcranial...
Institution partenaire
English / 05/12/2016
Unique equilibrium in contests with incomplete information
Considered are imperfectly discriminating contests in which players may possess private information about the primitives of the confiict, such as the contest technology, valuations of the prize, cost functions, and budget constraints. We find general conditions under which a given contest of this sort admits a unique pure-strategy Nash equilibrium. In particular, provided that all...
Institution partenaire
English / 01/12/2016
The youngest get the pill: ADHD misdiagnosis in Germany, its regional correlates and international comparison
Attention Deficit/Hyperactivity Disorder (ADHD) is a leading diagnosed health condition among children in many developed countries but the causes underlying these high levels of ADHD remain highly controversial. Recent research for the U.S., Canada and some European countries shows that children who enter school relatively young have higher ADHD rates than their older peers,...
Institution partenaire
English / 01/12/2016
Fictitious play in networks
This paper studies fictitious play in networks of noncooperative two-player games. We show that continuous-time fictitious play converges to Nash equilibrium provided that the overall game is zero-sum. Moreover, the rate of convergence is 1/T , regardless of the size of the network. In contrast, arbitrary n-player zero-sum games do not possess the fictitious-play property. As an...
Institution partenaire
English / 01/12/2016
Aggregate fluctuations in adaptive production networks
We study production networks where firms’ products can be described by a set of input and output characteristics, and links are formed only if the output characteristics of a seller match the input characteristics of a customer. We introduce a fully endogenous network formation model with monopolistically competitive firms, in which firms exit due to exogenous shocks, or the...
Institution partenaire
English / 01/12/2016
Time vs. state in insurance: experimental evidence from contract farming in Kenya
The gains from insurance arise from the transfer of income across states. Yet, by requiring that the premium be paid upfront, standard insurance products also transfer income across time. We show that this intertemporal transfer can help explain low insurance demand, especially among the poor, and in a randomized control trial in Kenya we test a crop insurance product which removes...
Institution partenaire
English / 01/12/2016
The economics of peace: can “Swiss” institutions do the job?
In the 5th edition of the UBS Center Public Paper Series, Dominic Rohner shows how conflict-torn countries can escape the vicious cycle of war and destruction. Much of the economics and political science literature on wars and conflict has focused on things that are hard for policymakers to change (natural resources, ethnic composition, and weather shocks). While this paper also...
Institution partenaire
English / 01/12/2016
Die Vorteile werden überwiegen
Werden bald Roboter den Menschen ersetzen? Der renommierte Schweizer Ökonom David Dorn über die Angst um den Arbeitsplatz, die Abneigung gegen den Freihandel und zur Frage, ob Computer die Wirtschaft wirklich produktiver machen.
Institution partenaire
Deutsch / 01/12/2016
The slippery slope of dishonesty
Recent experiments suggest that dishonesty can escalate from small levels to ever-larger ones along a 'slippery slope'. Activity in bilateral amygdala tracks this gradual adaptation to repeated acts of self-serving dishonesty.
Institution partenaire
English / 01/12/2016
Investigating the group-level impact of advanced dual-echo fMRI combinations
Multi-echo fMRI data acquisition has been widely investigated and suggested to optimize sensitivity for detecting the BOLD signal. Several methods have also been proposed for the combination of data with different echo times. The aim of the present study was to investigate whether these advanced echo combination methods provide advantages over the simple averaging of echoes when...
Institution partenaire
English / 01/12/2016
Brain network mechanisms underlying motor enhancement by transcranial entrainment of gamma oscillations
Gamma and beta oscillations are routinely observed in motor-related brain circuits during movement preparation and execution. Entrainment of gamma or beta oscillations via transcranial alternating current stimulation (tACS) over primary motor cortex (M1) has opposite effects on motor performance, suggesting a causal role of these brain rhythms for motor control. However, it is...
Institution partenaire
English / 23/11/2016
Ist die Globalisierung zu Ende?
Trump droht Ländern, die im Handel mit den USA Überschüsse erzielen, mit Strafzöllen. Das könnte auch die Schweiz treffen, so Wirtschaftsprofessor David Dorn.
Institution partenaire
Deutsch / 13/11/2016
Ungleichheit und Helikoptereltern
Wie Eltern die schulische Erziehung ihrer Kinder steuern, beeinflusst das spätere Humankapital. Das wiederum ist entscheidend für das Wirtschaftswachstum und für künftige Ungleichheit.
Institution partenaire
Deutsch / 09/11/2016
Limited consumer attention in international trade
This paper introduces a model of limited consumer attention into an otherwise standard new trade theory model with love-of-variety preferences and heterogeneous firms. In this setting, we show that international integration needs not be welfare enhancing if the consumers' capacity to gather and process information is limited. Rather, it intensifies competition for scarce...
Institution partenaire
English / 01/11/2016
Distributional comparative statics with heterogeneous agents
We propose a formal way to systematically study the differential effects of exogenous shocks in economic models with heterogeneous agents. Our setting applies to models that can be rephrased as "competition for market shares" in a broad sense. We show that even in presence of any number of arbitrarily heterogeneous agents, a single recursion relation characterizes the...
Institution partenaire
English / 01/11/2016
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