This paper is concerned with learning decision-makers’ preferences using data on observed choices from a finite set of risky alternatives. We propose discrete choice model unobserved heterogeneity in consideration sets and standard risk aversion. obtain sufficient conditions for the model’s semi-nonparametric point identification, including cases where depends some exogenous variables. Our meth...

هدف: هدف پژوهش برجسته کردن مفهوم رفتار انحرافی سازمانی از طریق بررسی مطالعات پیشین و درک پویایی این رفتارها ارائه تصویری جامع روند فراهم آوردن بینشی ارزشمند وضعیت رفتارهای در ایران کمک به هدایت پژوهش­‌های آتی راستای پوشش شکاف­‌های تحقیقاتی موجود حوزه است.روش: با استفاده روش فراترکیب، یافته­‌های پژوهش­های کیفی کمی مرتبط ترکیب الگوی نهایی طراحی شد. بر اساس، 90 سازمانی، اهداف مطالعه حاضر هفت مرحله...

We study the effect of privatizing Medicaid drug benefits on prices and utilization. Drug spending would decrease by 21.3 percent if private insurers administered all benefits. One-third is driven insurers’ ability to negotiate with pharmacies. The remaining two-thirds greater use lower cost drugs, such as generics, only realized in states that give flexibility design Privatization does not red...

We estimate a behavioral New Keynesian (NK) model in which households and firms plan over finite horizon. The finite-horizon planning (FHP) outperforms rational expectations versions of the NK as well other models. In FHP model, are forward-looking thinking about events their horizon but backward-looking regarding beyond that point. This gives rise to substantial aggregate persistence without r...

On one monthly time-series data set of Vietnam economy over 02/2008–09/2018, the Time-Varying-Coefficient VAR model records that trade-off between inflation and output growth is mitigated by foreign capital inflows. The mostly determined credit supply growth, while largely driven direct investment (FDI) A increase FDI USD 1 billion can raise 1.77% rate. result also holds on accounting for excha...

We develop an equivalence between the equilibrium effects of incomplete information and those two behavioral distortions: myopia, or extra discounting future; anchoring current behavior to past behavior, as in models with habit persistence adjustment costs. show how these distortions depend on higher-order beliefs GE mechanisms, they can be disciplined by evidence expectations. finally illustra...

This paper analyzes the effects of lower bound for interest rates on distributions inflation and rates. In a New Keynesian model with bound, two equilibria emerge: policy is mostly unconstrained in “target equilibrium,” whereas constrained “liquidity trap equilibrium.” Using options data inflation, we find forecast densities consistent target equilibrium no evidence favor liquidity equilibrium....