We are happy to announce the launch of the #ManyDaughters Study, an international research initiative exploring how having daughters influences behavior, preferences, and attitudes. Researchers from all fields of social sciences are invited to participate in this collaborative project, which will use data from the German Socio-Economic Panel (SOEP) to test four key hypotheses on the impact of daughters ...
European climate policy was traditionally pursued in the expectation of global policy convergence, ensuring equal opportunities for domestic and foreign firms in achieving climate neutrality. However, increasing geopolitical fragmentation has disrupted this expectation. Across the globe, national strategies increasingly favor economic policies that benefit domestic industries and coercive economic ...
We examine the additivity of expectations over different time intervals. For example, when asked about 10-year stock price growth, survey respondents report an expected change that is not equal to, but closer to zero than, the sum of their expectations over two shorter time intervals that cover the same 10 years. Such subadditivity, which we also find in expectations for other economic variables, is ...