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Full-Text Articles in Behavioral Economics

The Weekend Effect In Television Viewership And Prime-Time Scheduling, Jung Won Yeo Nov 2017

The Weekend Effect In Television Viewership And Prime-Time Scheduling, Jung Won Yeo

Research Collection School Of Economics

The observed drops in the ratings of television programs on Fridays and Saturdays are likely a result of two factors: intrinsic contraction in demand for television watching and endogenous scheduling. I decompose the observed weekend effect into the effects from these two factors. To this end, I estimate a viewer choice model that uses aggregate Nielsen ratings data for prime-time network television shows over 11 years. The long span of the data enables me to control for television series qualities. The estimation results reveal that the estimated weekend effect is dampened as the empirical model accounts for variation in the …


The Inevitability And Ubiquity Of Cycling In All Feasible Legal Regimes: A Formal Proof, Leo Katz, Alvaro Sandroni Jun 2017

The Inevitability And Ubiquity Of Cycling In All Feasible Legal Regimes: A Formal Proof, Leo Katz, Alvaro Sandroni

All Faculty Scholarship

Intransitive choices, or cycling, are generally held to be the mark of irrationality. When a set of rules engenders such choices, it is usually held to be irrational and in need of reform. In this article, we prove a series of theorems, demonstrating that all feasible legal regimes are going to be rife with cycling. Our first result, the legal cycling theorem, shows that unless a legal system meets some extremely restrictive conditions, it will lead to cycling. The discussion that follows, along with our second result, the combination theorem, shows exactly why these conditions are almost impossible to meet. …


The Moral High Road In The Undercity: An Examination Of Ethics In A Mumbai Slum, Mary L. Bauer Jan 2017

The Moral High Road In The Undercity: An Examination Of Ethics In A Mumbai Slum, Mary L. Bauer

Catholic Studies Faculty Publications

As of 2016, 1.6 billion people around the globe lacked proper shelter and of these, one billion lived in informal settlements, also called slums, according to data collected by the United Nations (UN-Habitat 2016). Investigative journalist Katherine Boo spent four years, between 2007 and 2011, interviewing and shadowing the residents of one such slum on the outskirts of Mumbai. Her goal was to draw attention to socio-economic inequality (Boo, 2014 pp. 247-248), but in the course of collecting data about the consequences of poverty and residents’ attempts to rise out of it, she also recorded information about their moral choices, …