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Hidden Regret and Advantageous Selection in Insurance Markets
Insurance markets Pooling Separating equilibria Coverage Optimal choice
2016/3/18
We examine insurance markets in which there are two types of customers: those who regret suboptimal decisions and those who don't. In this setting, we characterize the equilibria under hidden informat...
Natural selection in a contemporary human population
Evolutionary rates heritability Homo sapiens medical traits
2016/3/18
Our aims were to demonstrate that natural selection is operating on contemporary humans, predict future evolutionary change for specific traits with medical significance, and show that for some traits...
SELECTION BIAS,DEMOGRAPHIC EFFECTS AND ABILITY EFFECTS IN COMMON VALUE AUCTION EXPERIMENTS
common value auction experiments selection effects econometric methods gender and ability effects learning
2015/9/18
Inexperienced women, along with economics and business majors, are much more susceptible to the winner’s curse, as are subjects with lower SAT/ACT scores. There are strong selection effects in bid fun...
THE EFFECT OF SAMPLE SELECTION AND INITIAL CONDITIONS IN DURATION MODELS:EVIDENCE FROM EXPERIMENTAL DATA ON TRAINING
Duration models job training sample selection
2015/9/18
We investigate the separate effects of a training program on the duration of participants' subsequent employment and unemployment spells. This program randomly assigned volunteers to treatment and con...
Migration and Human Capital: Self-Selection of Indentured Servants to the Americas
eighteenth centuries Migration and Human Capital
2015/7/15
When contracting, European merchants could at least partially observe characteristics such as the health, physical strength, and education of indentured servants.
These characteristics, unobservable...
Mortality selection in the first three months of life and survival in the following thirty-three months in rural Veneto (North-East Italy) from 1816 to 1835
infant mortality life course selection survival analysis Veneto
2014/11/27
Background: A number of studies have examined the influence of life conditions in infancy (and pregnancy) on mortality risks in adulthood or old age. For those individuals who survived difficult life ...
Mortality selection in the first three months of life and survival in the following thirty-three months in rural Veneto (North-East Italy) from 1816 to 1835
Mortality selection rural Veneto
2014/11/27
A number of studies have examined the influence of life conditions in infancy (and
pregnancy) on mortality risks in adulthood or old age. For those individuals who
survived difficult life conditio...
The effect of education on second births in Hungary: A test of the time-squeeze, self-selection and partner-effect hypotheses
education fertility Hungary partner effect second births
2014/11/24
Background: In recent years, several studies have reported a positive effect of women’s education on the transition to second births. This finding contradicts the economic theory of fertility. Three e...
Prenatal Sex Selection and Missing Girls in China: Evidence from the Diffusion of Diagnostic Ultrasound
Prenatal Sex Selection Missing Girls China Evidence Diffusion Diagnostic Ultrasound
2013/3/9
How much of the increase in sex ratio (male to female) at birth since the early 1980s in China is attributed to increased prenatal sex selection? This question is addressed by exploiting the different...
Health Selection and the Effect of Smoking on Mortality
life expectancy tobacco confounding
2011/12/18
We show that individuals who are in poorer health, independently from smoking, are more likely to start smoking and to smoke more cigarettes than those with better non-smoking health. We present evide...
Semiparametric Selection Models with Binary Outcomes
sample selection binary outcomes marginal effects semiparametric
2011/10/23
This paper addresses the estimation of a semiparametric sample selection index model where both the selection rule and the outcome variable are binary. Since the marginal effects are often of primary ...
Adverse Selection and Incentives in an Early Retirement Program
retirement incentive program adverse selection layoff threat university
2011/10/22
We evaluate potential determinants of enrollment in an early retirement incentive program for non-tenure-track employees at a large university. Using administrative records on the eligible population ...
Wage Dispersion and Labor Turnover with Adverse Selection
adverse selection on-the-job search wage dispersion sorting
2011/8/24
We consider a model of on-the-job search where firms offer long-term wage contracts to workers of different ability. Firms do not observe worker ability upon hiring but learn it gradually over time. W...
Role Selection and Team Performance
role selection in teams team performance takeover game winner’s curse communication experiment
2011/7/25
Team success relies on assigning team members to the right tasks. We use controlled experiments to study how roles are assigned within teams and how this affects team performance. Subjects play the ta...
Incentives vs. Selection in Promotion Tournaments: Can a Designer Kill Two Birds with One Stone?
promotion tournaments heterogenei ty incentive provision selection
2011/5/26
This paper studies the performance of promotion tournaments with heterogeneous participants in two dimensions: incentive provision and selection. Our theoretical analysis reveals a trade-off for the t...