Now showing items 154-159 of 159

    • Unexpected Utility: Experimental Tests of Five Key Questions about Preferences over Risk 

      Andreoni, James; Harbaugh, William (University of Oregon, Dept of Economics, 2009-12)
      Experimental work on preferences over risk has typically considered choices over a small number of discrete options, some of which involve no risk. Such experiments often demonstrate contradictions of standard expected ...
    • Updating Subjective Risks in the Presence of Conflicting Information: An Application to Climate Change 

      Cameron, Trudy Ann (University of Oregon, Dept. of Economics, 2001-07-14)
      Willingness to support public programs for risk management often depends on individual subjective risk perceptions in the face of uncertain science. As part of a larger study concerning climate change, we explore individual ...
    • Values for strategic games in which players cooperate 

      Carpente, Luisa; García-Jurado, I. (Ignacio); Casas-Mendez, Balbina; Nouweland, Anne van den (University of Oregon, Dept. of Economics, 2003-02-27)
      In this paper we propose a new method to associate a coalitional game with each strategic game. The method is based on the lower value of matrix games. We axiomatically characterize this new method, as well as the method ...
    • Valuing Children’s Health and Life: What Does Economic Theory Say About Including Parental and Societal Willingness To Pay? 

      Harbaugh, William (University of Oregon, Dept. of Economics, 2001-06-01)
      Governments can and do adopt many policies that will improve the health and reduce the mortality risks of children. Given this, estimates of the value of improvements in children’s health and reductions in their mortality ...
    • What do Information Frictions do? 

      Bhattacharya, Joydeep; Chakraborty, Shankha (University of Oregon, Dept. of Economics, 2003-02-14)
      Numerous researchers have incorporated labor or credit market frictions within simple neoclassical models to (i) facilitate quick departures from the Arrow-Debreu world, thereby opening up the role for institutions, (ii) ...
    • Work hard, not smart : stock options as compensation 

      Barron, John M.; Waddell, Glen R. (University of Oregon, Dept. of Economics, 2003-06-01)
      This paper examines the optimal compensation package for executives, in particular the optimal mix of stock options and stock grants, for an agent deciding whether to adopt or reject a plan of uncertain value. The compensation ...