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  1. Igniting deliberation in high stake decisions: a field study
    Erschienen: March 2021
    Verlag:  University of Zurich, Department of Economics, Zurich

    We conduct a large scale randomized field experiment to study whether providing recipients - 42,454 Chinese households in a rural area - with information on the costs of a real decision they make can help to improve the quality of their choices. The... mehr

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 191
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    We conduct a large scale randomized field experiment to study whether providing recipients - 42,454 Chinese households in a rural area - with information on the costs of a real decision they make can help to improve the quality of their choices. The decisions are of high financial impact, as the objects of deliberation - air conditioners - have upfront prices exceeding the average monthly salary of a household. Besides providing nominal cost information, we conduct two additional treatments, where we either present the same information by making the real opportunity costs salient, or by administering the information via a quiz. The former aims at facilitating the comparison of effective costs, while the latter aims at enhancing attention and cognitive involvement. We find that providing cost information substantially affects the choices made, and reduces the decision mistakes, in particular in the two additional treatments.

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/232052
    Schriftenreihe: Working paper series / University of Zurich, Department of Economics ; no. 378
    Schlagworte: Information provision; opportunity costs; decision mistakes; involvement; energy efficiency
    Umfang: 1 Online-Ressource (circa 50 Seiten)
  2. Conditional cash transfers and labor market conditions
    Erschienen: August 2021
    Verlag:  IZA - Institute of Labor Economics, Bonn, Germany

    Do local labor markets influence the effectiveness of educational policies? To answer this question, we focus on Mexico's conditional cash transfer program, PROGRESA, documented to have increased educational attainment. We show that PROGRESA's impact... mehr

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 4
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    Do local labor markets influence the effectiveness of educational policies? To answer this question, we focus on Mexico's conditional cash transfer program, PROGRESA, documented to have increased educational attainment. We show that PROGRESA's impact on schooling was smaller in areas with more export-oriented manufacturing jobs and argue this is because these jobs generate more convex opportunity costs of schooling. Consistent with this, the heterogeneity we document is strongest among those old enough to be working in factory jobs. In addition, this heterogeneity is primarily driven by jobs that directly influence schooling opportunity costs: low-wage jobs and jobs for school-aged workers.

     

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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/245718
    Schriftenreihe: Discussion paper series / IZA ; no. 14667
    Schlagworte: conditional cash transfers; export manufacturing; Mexico; opportunity costs
    Umfang: 1 Online-Ressource (circa 52 Seiten), Illustrationen
  3. Hyperspecialization and hyperscaling
    a resource-based theory of the digital firm
    Erschienen: 29 August 2021
    Verlag:  Centre for Economic Policy Research, London

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    LZ 161
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    Universitätsbibliothek Mannheim
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Array ; DP16493
    Schlagworte: digital firms; scalability; opportunity costs; scale and scope; firm resources
    Umfang: 1 Online-Ressource (circa 55 Seiten), Illustrationen
  4. Risky decisions and the opportunity costs of time
    Erschienen: [2017]
    Verlag:  TWI, Thurgau Institute of Economics at the University of Konstanz, Kreuzlingen

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 34 (108)
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Research paper series / Thurgau Institute of Economics and Department of Economics at the University of Konstanz ; no. 108
    Schlagworte: decision under risk; time constraints; opportunity costs; rational behavior; lab experiment; structural estimation
    Umfang: 1 Online-Ressource (circa 53 Seiten), Illustrationen
  5. Optimal health investment and preferences structure
    Erschienen: 2015
    Verlag:  CERDI, Clermont-Ferrand

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 332 (2015,7)
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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Etudes et documents / CERDI ; 2015,07
    Schlagworte: Consumption; health investment; preferences structure; wage rates; longevity; opportunity costs
    Umfang: Online-Ressource (43 S.), graph. Darst.