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Competitive Escalation and Interventions

Competitive escalation occurs frequently in managerial environments, when decisions create sunk costs and decision makers compete under time pressure. In a series of experiments using a minimal dollar auction paradigm, we test interventions to prevent competitive escalation. Without any intervention, most people, including experienced managers, escalate and lose money by bidding more than the price ...

The ABC of Social Desires: Affiliation, Being Alone, and Closeness to Partner

We propose a triadic model of social desires directed at appetence/aversion of affiliation with friends (A), being alone (B), and closeness to one’s partner (C) that account for individual differences in subjectively experienced needs for proximity and distance in serious couple relationships. The model assumes that A, B, and C can be conceptualized at the individual level as correlated latent factors ...

Changing educational gradient in long-term care-free life expectancy among German men, 1997-2012

Background: The inverse association between mortality and individual socioeconomic status is well-documented. Due to the lack of appropriate data, little is known about the nature of this association among individuals with long-term care (LTC) needs. Objectives: We aim to fill in this knowledge gap by estimating life expectancy (LE), life expectancy without (CFLE) and with (CLE) long-term care by education ...

Inequality in Human Development: An Empirical Assessment of 32 Countries

One of the most frequent critiques of the HDI is that is does not take into account inequality within countries in its three dimensions. In this paper, we apply a simply approach to compute the three components and the overall HDI for quintiles of the income distribution. This allows a comparison of the level in human development of the poor with the level of the non-poor within countries, but also ...

Saving Behavior and Housing Wealth Evidence from German Micro Data

Housing property is the most important position in a household’s wealth portfolio. Even though there is strong evidence that house price cycles and saving patterns behave synchronously, the underlying causes remain controversial. The present paper examines if there is a wealth effect of house prices on savings using household-level panel data from the German Socio-Economic Panel for the period 1996-2012. ...

Income Maximization and the Selection and Sorting of International Migrants

Two prominent features of international labor movements are that the more educated are more likely to emigrate (positive selection) and more educated migrants are more likely to settle in destination countries with high rewards to skill (positive sorting). Using data on emigrant stocks by schooling level and source country in OECD destinations, we find that a simple model of income maximization can ...

Regional Social Contexts and Fertility in Western Germany: A Multilevel Approach (Dissertation)

The Geographic Context of Male Nuptiality in Western Germany During the 1980s and 1990s

This paper studies the relationship between characteristics of men’s place of residence and the probability of entering marriage in western Germany during the 1980s and 1990s. We link micro-information from the German Socio-Economic Panel Study (GSOEP) with district-level data to estimate discrete-time multilevel logit models. Our results support the widely accepted idea about the importance of men’s ...

Regional Social Contexts and Individual Fertility Decisions: A Multilevel Analysis of First and Second Births in Western Germany

The Differential Influence of Women's Residential District on the Risk of Entering First Marriage and Motherhood in Western Germany

This paper investigates the role of women's residential district in the process of family formation in western Germany during the 1980s and 1990s. Our analysis of the transition to first marriage and motherhood is based on the German Socio-Economic Panel (GSOEP), which we merge with a rich set of district-level data. The estimated multilevel discrete-time logit models suggest that (1) basically ...