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author = "Schmidt, Ulrich"
<< < 4 5 6 7 8 > >>

Found 75 documents, displaying page 4 of 8

The Impact of Experience on Risk Taking, Overconfidence, and Herding of Fund Managers: Complementary Survey Evidence

Author(s) : Brozynski, Torsten , Menkhoff, Lukas , Schmidt, Ulrich
Description : Empirical research has shown that inexperienced fund managers yield significantly higher returns than their more experienced colleagues. If the portfolios of inexperienced are not more risky, this result would contradict the hypothesis of market efficiency. Therefore, it is an important question whe...
Repository : EconStor
Language(s) : English

Confronting the Robinson Crusoe paradigm with household-size heterogeneity

Author(s) : Koulovatianos, Christos , Schröder, Carsten , Schmidt, Ulrich
Description : Modern macroeconomics empirically addresses economy-wide incentives behind economic actions by using insights from the way a single representative household would behave. This analytical approach requires that incentives of the poor and the rich are strictly aligned. In empirical analysis a challeng...
Repository : EconStor
Language(s) : English

Family-type subsistence incomes

Author(s) : Koulovatianos, Christos , Schröder, Carsten , Schmidt, Ulrich
Description : Different family types may have a fixed flow of consumption costs, related to subsistence needs. We use a survey method in order to identify and estimate such a fixed component of spending for different families. Our method involves making direct questions about the linkup between aggregate disposab...
Repository : EconStor
Language(s) : English

Non-market time and household well-being

Author(s) : Koulovatianos, Christos , Schröder, Carsten , Schmidt, Ulrich
Description :
Repository : EconStor
Language(s) : English

Explaining preference reversal with third-generation prospect theory

Author(s) : Schmidt, Ulrich , Starmer, Chris , Sugden, Robert
Description : We present a new theory of decision under risk called third-generation prospect theory. A novel feature of our version of prospect theory is that, by allowing reference points to be uncertain, it is able to accommodate the phenomenon of preference reversal. While several previous theories of prefere...
Repository : EconStor
Language(s) : English

Properties of equivalence scales in different countries

Author(s) : Koulovatianos, Christos , Schröder, Carsten , Schmidt, Ulrich
Description :
Repository : EconStor
Language(s) : English

Arbeitslosengeld II: Arbeitsanreize und Verteilungsgerechtigkeit

Author(s) : Koulovatianos, Christos , Schmidt, Ulrich , Schröder, Carsten
Description : Die Zusammenlegung von Arbeitslosen- und Sozialhilfe hatte unter anderem das Ziel, die Arbeitsanreize für arbeitsfähige Leistungsempfänger zu stärken. Wie sind die Anreizwirkungen zu bewerten? Wirkt der durch Arbeitslosengeld II erreichbare Lebensstandard negativ bei der Entscheidung für eine Arbeit...
Repository : EconStor
Language(s) : German

Nonmarket household time and the cost of children

Author(s) : Koulovatianos, Christos , Schröder, Carsten , Schmidt, Ulrich
Description : Raising children demands a considerable amount of parental time, obliging working parents either to reduce their leisure time further or to buy childcare services in the market. Parents may face additional opportunity costs upon deciding to participate in the labor market, but these are difficult to...
Repository : EconStor
Language(s) : English

Third-generation prospect theory

Author(s) : Schmidt, Ulrich , Starmer, Chris , Sugden, Robert
Description : We present a new theory of decision under uncertainty: third-generation prospect theory (PT3). This retains the predictive power of previous versions of prospect theory, but extends that theory by allowing reference points to be uncertain while decision weights are specified in a rank-dependent way....
Repository : EconStor
Language(s) : English

Family-type subsistence incomes

Author(s) : Koulovatianos, Christos , Schröder, Carsten , Schmidt, Ulrich
Description :
Repository : EconStor
Language(s) : English
<< < 4 5 6 7 8 > >>

Found 75 documents, displaying page 4 of 8