Working Papers

WP 2021-07 Economics is converging with sociology but not with psychology

Posted On August 4, 2021
Categories Working Papers, WP 2021

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AUTHOR: Don Ross

ABSTRACT: The rise of behavioral economics since the 1980s led to richer mutual influence between economic and psychological theory and experimentation. However, as behavioral economics has become increasingly integrated into the main stream in economics, and as psychology has remained damagingly methodologically conservative, this convergence has recently… more »

WP 2021-06 Willingness to pay for private and public improvements of vulnerable road users’ safety

Posted On July 9, 2021
Categories Working Papers, WP 2021

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AUTHORS: Linda Andersson Järnberg, Daniela Andrén, Lars Hultkrantz, E. Elisabet Rutström and Elin Vimefall

ABSTRACT: A frequent finding in the empirical literature on cost-benefit analysis of traffic safety measures is that valuations of public goods are lower than valuations of private goods, contrary to theory predictions. This study elicits the willingness… more »

WP 2021-04 Neo-Samuelsonian Methodology, Normative Economics, and the Quantitative Intentional Stance

Posted On June 14, 2021
Categories Working Papers, WP 2021

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AUTHORS: Don Ross

ABSTRACT: Wade Hands (2013) critically consolidated a new and growing approach to revealed preference interpretations and methods, which he called “Contemporary Revealed Preference Theory” (CRPT). He recognised that CRPT is folded into a more comprehensive philosophy of economics due to Don Ross, which Ross dubs “Neo-Samuelsonian Philosophy of… more »

WP 2021-03 Crowded Out: Heterogeneity in Risk Attitudes Among Poor Households in the US

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Forthcoming, Journal of Risk and Uncertainty

AUTHORS: Arianna Galliera and E. Elisabet Rutström

ABSTRACT: Not much is known about the heterogeneity of risk attitudes among poor households in rich countries. This paper provides estimates from a unique data set collected among the urban poor in Atlanta,… more »

WP 2021-02 Give Me a Challenge or Give Me a Raise

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Published in 2021 in Experimental Economics.

AUTHORS: Aleksandr Alekseev

ABSTRACT: I study the effect of task difficulty on workers’ effort. I find that task difficulty has an inverse-U effect on effort and that this effect is quantitatively large, especially when compared to the effect of conditional monetary rewards. Difficulty acts as… more »

WP 2020-22 Subjective Beliefs and Economic Preferences During the COVID-19 Pandemic

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Forthcoming, Experimental Economics, 2022

AUTHORS: Glenn W. Harrison, Andre Hofmeyr, Harold Kincaid, Brian Monroe, Don Ross, Mark Schneider and J. Todd Swarthout

ABSTRACT: The COVID-19 pandemic presents a remarkable opportunity to put to work all of the research that has been undertaken in past decades on the elicitation and structural estimation… more »

WP 2020-21 A Case Study of an Experiment During the COVID-19 Pandemic: Online Elicitation of Subjective Beliefs and Economic Preferences

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Forthcoming, Journal of the Economic Science Association

AUTHORS: Glenn W. Harrison, Andre Hofmeyr, Harold Kincaid, Brian Monroe, Don Ross, Mark Schneider and J. Todd Swarthout

ABSTRACT: We convey our experiences developing and implementing an online experiment to elicit subjective beliefs and economic preferences. The COVID-19 pandemic and associated closures of our… more »