In a recent paper, Sapienza et al. (1) assessed correlations of salivary concentration of testosterone and two markers of prenatal exposure to testosterone with performance on a game assessing financial risk aversion and actual career choices. The authors concluded that “Gender differences in financial risk aversion and career choices are affected by testosterone,” “testosterone has both organi...

Beliefs about relative skill matter for risky decisions such as career choices, market entry, and financial investments. Yet in most laboratory experiments risk is exogenously given and beliefs about relative skill play no role. We use a laboratory experiment free of strategy confounds to isolate the impact of beliefs about relative skill on risky choices. We find that low (high) skill individu...

This paper describes the derivation and the econometric calibration of a joint time assignment – mode choice model with a microeconomic foundation, to be applied to the TASTI (Time ASsignment Travel and Income) database. The econometric procedure is a full information maximum likelihood with three nonlinear continuous equations and one discrete choice. We use Lee’s transformation to include cor...

Pregibit: A Family of Discrete Choice Models The pregibit discrete choice model is built on a distribution that allows symmetry or asymmetry and thick tails, thin tails or no tails. Thus the model is much richer than the traditional models that are typically used to study behavior that generates discrete choice outcomes. Pregibit nests logit, approximately nests probit, loglog, cloglog and goss...

Illegal migration from Mexico into the United States has long led to discussions of the proper form of enforcement along the border. Past border enforcement expansion has targeted speci…c sectors rather than across the board budget increases. We assess the implications of this pattern by examining how Mexican immigrants have responded to sector-speci…c expansions in border enforcement. We estim...

This paper develops a reduced form method of controlling for differences in information sets of subjects in public good discrete choice models, using stated preference data. The main contribution of our method comes from accounting for the effect of information provided during a survey on the mean and the variance of individual-specific scale parameters. In this way we incorporate both scale he...

The study examined the factors that influence career choice in accounting among Nigerian university students. Authors in the field of education and behavioural science tend to attribute different factors that influence career choice among individuals. Parental influence, self – desire, better pay, prestige and future prospects were found to be the major influencial factors in career choices amo...

OBJECTIVE To report on doctors' early choices of specialty at selected intervals after qualification, and eventual career destinations. DESIGN Questionnaire surveys. SETTING United Kingdom. PARTICIPANTS Total of 15 759 doctors who qualified in 1974, 1977, 1983, 1993, and 1996, and their career destinations 10 years after graduation. RESULTS 15 759 doctors were surveyed one and three yea...

It is believed that the perception that computing is a male domain has discouraged American women to participate in computing fields. Like the U.S., computing is also dominated by men in China. However, unlike the U.S., information technology is ranked the highest compared with other industries in term of career choices for Chinese female university graduates. This study investigates how comput...

This chapter examines different models commonly used to model probabilistic choice, such as eg the choice of one type of transportation from among many choices available to the consumer. Section 1 discusses derivation and limitations of conditional logit models. Section 2 discusses probit models and Section 3 discusses the nested logit (generalized extreme value models), which address some of t...