In some environments, a player only learns the choice of another player if he or she undertakes a risky choice. While costless preplay communication (cheap talk) has been found to be effective in experimental coordination games, participants have typically learned both own payoffs and the other player’s action. Are both of these components necessary for cheap talk to be effective? In our 2 2 st...

The Dilemma of Direct Democracy CRAIG M. BURNETT, ELIZABETH GARRETT & MATHEW D. McCUBBINS The dilemma of direct democracy is that voters may not always be able to make welfareimproving decisions. Lupia’s seminal work has led us to believe that voters can substitute voting cues for substantive policy knowledge. Lupia, however, emphasized that cues were valuable under certain conditions and not o...

the child is a college student, where the pressure of academic demands, social interaction problems and career choices elevate the risk of committing suicide [3]. In children, 10 to 14 years old suicide is rare but if it happens, is due to the loss of a parent, abuse or psychopathology [3]. Although, age is an important factor, gender also provides information. Males usually do a complete suici...

The Residency Review and Redesign in Pediatrics (R(3)P) Project began in 2005 and will have been completed in 2009. The purpose was to conduct a comprehensive reassessment of general pediatric residency education. The project convened 3 major colloquia supplemented by numerous meetings of an R(3)P committee and by surveys of residents, subspecialty fellows, and generalist and subspecialty pract...

Considerably less research has been done on modeling freight demand with disaggregate discrete models than on modeling passenger demand. The principal reason for this imbalance is the lack of freight demand data. Freight demand characteristics are expensive to obtain and are sometimes confidential. This paper analyzes the freight demand characteristics that drive modal choice by means of a larg...

In this paper we study the economic determinants of the joint retirement process of married couples. We propose a tractable dynamic discrete choice model for retirement decisions which allows for non-trivial saving behaviour. We estimate the model on a 1% sample of Danish couples of potential retirement age drawn from a population-based administrative register. The introduction and subsequent r...

CONTEXT Very little is known about medical students from rural areas currently enrolled in Canadian medical schools. PURPOSE We aimed to compare rural and non-rural students in terms of demographics, socioeconomic status, financial status and career choices. METHODS As part of a larger Internet survey of all students at Canadian medical schools outside Quebec, conducted in January and Febru...

I study the allocation of human capital in an economy with production externalities, financial constraints and career choices. Agents choose to become entrepreneurs, workers or financiers. Entrepreneurship has positive externalities, but innovators face borrowing constraints and require the services of financiers in order to invest efficiently. When investment and education subsidies are chosen...

We present a structural model of political advertising in equilibrium. Candidates choose advertising across media markets in order to maximize the probability of winning the national election. The voter model takes the form of an aggregate random coefficients discrete choice model in which advertising affects a voter's incentive to vote for either candidate or not to vote at all. We estimate th...

Women are generally more risk averse than men. We investigated whether between- and within-gender variation in financial risk aversion was accounted for by variation in salivary concentrations of testosterone and in markers of prenatal testosterone exposure in a sample of >500 MBA students. Higher levels of circulating testosterone were associated with lower risk aversion among women, but not a...