Search Results - Business Economics

A stricter canon: General Luce models for arbitrary menu sets

Rodrigues Neto, José Alvaro; Ryan, Matthew Joseph; … - 2024

The classical Luce model (Luce, 1959) assumes positivity of random choice: each available alternative is chosen with strictly positive probability. The model is characterised by Luce's choice axiom. Ahumada and Ülkü (2018) and (independently) Echenique and Saito (2019) define the general Luce...

Persistent link: https://www.econbiz.de/10014551619

Home price expectations and spending: Evidence from a field experiment

Chopra, Felix; Roth, Christopher; Wohlfart, Johannes - 2024

evidence has implications for the role of asset price expectations in business cycle dynamics and consumption inequality. …

Persistent link: https://www.econbiz.de/10014551644

Cycle conditions for "Luce rationality"

Rodrigues Neto, José Alvaro; Ryan, Matthew Joseph; … - 2024

We extend and refine conditions for 'Luce rationality' (i.e., the existence of a Luce - or logit - model) in the context of stochastic choice. When choice probabilities satisfy positivity, we show that the cyclical independence (CI) condition of Ahumada and Ülkü (2018) and Echenique and Saito...

Persistent link: https://www.econbiz.de/10014551654

Taxing top wealth: Migration responses and their aggregate economic implications

Jakobsen, Katrine; Kleven, Henrik Jacobsen; Kolsrud, Jonas - 2024

show that more than 20% of taxpayers liable to pay wealth tax are business-owners, and that the employment, investments …

Persistent link: https://www.econbiz.de/10014551661

Parental employment at the onset of the pandemic: Effects of lockdowns and government policies

Dasgupta, Kabir; Kirkpatrick, Linda; Plum, Alexander - 2024

The COVID-19 pandemic had disproportionate impacts on women's employment, especially for mothers with school-age and younger children. However, the impacts likely varied depending on the type of policy response adopted by various governments. New Zealand presents a unique policy setting in which...

Persistent link: https://www.econbiz.de/10014551662

Quantifying trade from Renaissance merchant letters

Gatti, Fabio - 2024

Medieval and Early-Modern business correspondence between European companies constitutes a rich source of economic …, business, and trade information in that the writing of letters was the very instrument through which merchants ordered and …

Persistent link: https://www.econbiz.de/10014551771

The firms' integration process of the twin pillars of environmental sustainability: Climate change and biodiversity loss

Andersson, Fredrik N. G.; Arvidsson, Susanne - 2024

This study examines the integration of climate change and biodiversity into business strategies and governance … business strategies, and are ahead in the process of integrating it into governance structures. Biodiversity integration is … that firms require external pressures from, e.g., regulations to integrate biodiversity and climate change into business …

Persistent link: https://www.econbiz.de/10014551800

Disruptive effects of natural disasters: The 1906 San Francisco Fire

Schwank, Hanna M. - 2024

effects attenuated over time, the negative effect on business ownership persists even in 1940, 34 years after the fire …

Persistent link: https://www.econbiz.de/10014554647

Sexual orientation and financial well-being in the United States

Carpenter, Christopher; Dasgupta, Kabir; Merchant, Zofsha; … - 2024

Household Economics and Decisionmaking (SHED) data for 2019-2022. We document that people who are lesbian, gay, and bisexual (or …

Persistent link: https://www.econbiz.de/10014563886

A prescription for knowledge: Patient information and generic substitution

Hjalmarsson, Linn; Schmid, Christian; Schreiner, Nicolas - 2024

Markets require informed participants to function efficiently. This paper examines the impact of providing targeted information directly to patients on their purchasing-decisions regarding pharmaceutical drugs. We analyze the effect of informational letters sent by a Swiss health insurer to...

Persistent link: https://www.econbiz.de/10014564096