| 1. |
- Ahmed, Ali, 1977-, et al.
(författare)
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Are gay men and lesbians discriminated against in the hiring process?
- 2013
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Ingår i: Southern Economic Journal. - : Southern Economic Association (SEA). - 0038-4038 .- 2325-8012. ; 79:3, s. 565-585
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Tidskriftsartikel (refereegranskat)abstract
- This article presents the first field experiment on sexual orientation discrimination in the hiring process in the Swedish labor market. Job applications were sent to about 4000 employers in 10 different occupations in Sweden. Gender and sexual orientation were randomly assigned to applications. The results show that sexual orientation discrimination exists in the Swedish labor market. The discrimination against the gay male applicant and the lesbian applicant varied across different occupations and appears to be concentrated in the private sector. The results also show that the gay male applicant was discriminated against in typical male-dominated occupations, whereas the lesbian applicant was discriminated against in typical female-dominated occupations. Theoretical implications are discussed
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| 2. |
- Chakravarty, Sujoy, et al.
(författare)
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Are you risk averse over other people's money?
- 2011
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Ingår i: Southern Economic Journal. - : Wiley-Blackwell. - 0038-4038 .- 2325-8012. ; 77:4, s. 901-913
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Tidskriftsartikel (refereegranskat)abstract
- Decisions with uncertain outcomes are often made by one party in settings where another party bears the consequences. Whenever an individual is delegated to make decisions that affect others, such as in the typical corporate structure, does the individual make decisions that reflect the risk preferences of the party bearing the consequences? We examine this question in two simple settings, lottery choices and sealed-bid auctions, using controlled laboratory experiments, We find that when an individual makes a decision for an anonymous stranger, there is a tendency to exhibit less risk aversion. This reduction in risk aversion is relative to his or her own preferences, and it is also relative to his or her belief about the preferences of others. This result has significant implications for the design of contracts between principals and agents.
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| 3. |
- Harrison, Glenn W., et al.
(författare)
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Remarks on virtual world and virtual reality experiments
- 2011
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Ingår i: Southern Economic Journal. - : Southern Economic Association. - 0038-4038 .- 2325-8012. ; 78:1, s. 87-94
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Tidskriftsartikel (refereegranskat)abstract
- In recent years there has been increased behavioral research in virtual reality and virtual worlds. While these experiments could offer substantial advantages to researchers, they might also pose risks. We begin by identifying key concepts in virtual experimental research. Then we review the critical virtual reality component of virtual worlds. Finally, we offer guidance in conducting virtual world research.
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| 4. |
- Blomquist, Glenn C., et al.
(författare)
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Experimental Results on Expressed Certainty and Hypothetical Bias in Contingent Valuation
- 1998
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Ingår i: Southern economic journal. - : Wiley-Blackwell. - 2325-8012 .- 0038-4038. ; 65:1, s. 169-177
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Tidskriftsartikel (refereegranskat)abstract
- Use of the contingent valuation method is controversial among economists because it is based on hypothetical rather than real choices. Previous experiments have suggested that the commonly used dichotomous choice contingent valuation method leads to hypothetical bias, i.e., overestimates the real willingness to pay. We carried out an experiment to compare the dichotomous choice contingent valuation method with real purchase decisions for a consumer good. We confirm previous findings that hypothetical yes responses overestimate real purchase decisions, but we cannot reject the null hypothesis that definitely sure yes responses correspond to real purchase decisions.
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| 5. |
- Nilsson, Therese, et al.
(författare)
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When more poor means less poverty: On income inequality and purchasing power
- 2014
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Ingår i: Southern Economic Journal. - : Wiley. - 0038-4038. ; 81:1, s. 232-246
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Tidskriftsartikel (refereegranskat)abstract
- We show theoretically that the poor can benefit from price changes induced by higher income inequality. As the number of poor increases, the market for products aimed toward the poor grows, and such products become more profitable. As a result, there are circumstances where an increase in income inequality associates with higher purchasing power of the poor. Using cross-country data on the price of one kilogram of rice and the price of a Big Mac hamburger, we confirm a negative association between income inequality and the price of inferior goods, robust to the inclusion of a large set of control variables. Results are also robust to a first difference specification and to a two-stage instrumental variables approach. Examining economic well-being, it is thus important to analyze not only the incomes of households, but also the prices of the products and services that they buy.
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| 6. |
- Kocher, Martin G., et al.
(författare)
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Social learning in beauty-contest games
- 2014
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Ingår i: Southern Economic Journal. - : Wiley. - 0038-4038. ; 80, s. 586-613
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Tidskriftsartikel (refereegranskat)abstract
- We study the impact of social learning on the depth of reasoning in an experimental beautycontest game. Naive advice and observation of others' decisions as two forms of social learning trigger faster convergence to the equilibrium. We find that subjects who receive advice outperform uninformed subjects permanently, whereas subjects who observe others' past behavior before making their decision only have a temporary advantage over uninformed subjects. A series of control-treatments and simulations indicate that the latter result is due to subjects failing to make the most out of observing others. © Southern Economic Association, 2014.
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| 7. |
- Bolin, Kristian, et al.
(författare)
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Optimal investment in health when lifetime is stochastic, or, rational agents do not often follow health recommendations
- 2023
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Ingår i: Southern Economic Journal. - 0038-4038. ; 90:2, s. 242-258
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Tidskriftsartikel (refereegranskat)abstract
- There exists considerable evidence that people do not often follow the health recommendations issued by health authorities. It might be tempting to think that not following health recommendations is a sign of irrationality and that behavioral considerations are required in order to explain such behavior. Despite this temptation, and using a general health-capital model which accounts for the consumption of many goods, a stock of health and investment in it, as well as an agent's random lifetime and accumulation of wealth, it is shown that such seemingly irrational decisions are in fact consistent with rational, forward-looking, decision making. Moreover, it is shown, among other things, that the prototypical assumptions employed in the literature imply that rational agents invest more in their health at each point in time than that which minimizes the conditional probability of dying at that point in time, and thus lack sufficient explanatory reach.
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