Open Access. Powered by Scholars. Published by Universities.®

Digital Commons Network™

Open Access. Powered by Scholars. Published by Universities.®

Yale University

Discipline
Keyword
Publication Year
Publication
Publication Type
File Type

Articles 8821 - 8850 of 33873

Full-Text Articles in Entire DC Network

Selling 'Money' On Ebay: A Field Study Of Surplus Division, Alia Gizatulina, Olga Gorelkina Aug 2017

Selling 'Money' On Ebay: A Field Study Of Surplus Division, Alia Gizatulina, Olga Gorelkina

Cowles Foundation Discussion Papers

We study the division of trade surplus in a natural field experiment on German eBay. Acting as a seller, we offer Amazon gift cards with face values of up to 500 Euro. A random selection of buyers, the subjects of our experiment, make price offers according to the rules of eBay. Using a novel decomposition method, we infer the offered shares of trade surplus from the data and find that the average share proposed to the seller amounts to about $30 \%$. Additionally, we document: (i) insignificant effects of stake size; (ii) poor use of strategically relevant public information; and …


Estimating Aging Effects In Running Events, Ray C. Fair, Edward H. Kaplan Aug 2017

Estimating Aging Effects In Running Events, Ray C. Fair, Edward H. Kaplan

Cowles Foundation Discussion Papers

This paper uses world running records by age to estimate a biological frontier of decline rates. Two models are compared: a linear/quadratic (LQ) model and a non-parametric model. Two estimation methods are used: 1) minimizing the squared difference between the observed records and the modeled biological frontier and 2) using extreme value theory to estimate the biological frontier that maximizes the probability of observing the existing world records by age. The results support the LQ model and suggest there is linear percentage decline up to the late 70’s and quadratic decline after that. The extreme value estimates suggest that the …


Naiveté About Temptation And Self-Control: Foundations For Naive Quasi-Hyperbolic Discounting, David S. Ahn, Ryota Iijima, Todd Sarver Aug 2017

Naiveté About Temptation And Self-Control: Foundations For Naive Quasi-Hyperbolic Discounting, David S. Ahn, Ryota Iijima, Todd Sarver

Cowles Foundation Discussion Papers

We introduce and characterize a recursive model of dynamic choice that accommodates naivete about present bias. While recursive representations are important for tractable analysis of in nite-horizon problems, the commonly-used Strotz model of time inconsistency presents well-known technical difficulties in extensions to dynamic environments. Our model incorporates costly self-control in the sense of Gul and Pesendorfer (2001) to overcome these hurdles. The important novel condition is an axiom for naivete. We first introduce appropriate definitions of absolute and comparative naivete for a simple two-period model, and explore their implications for the costly self-control model. We then develop suitable extensions of …


Naiveté About Temptation And Self-Control: Foundations For Naive Quasi-Hyperbolic Discounting, David S. Ahn, Ryota Iijima, Todd Sarver Aug 2017

Naiveté About Temptation And Self-Control: Foundations For Naive Quasi-Hyperbolic Discounting, David S. Ahn, Ryota Iijima, Todd Sarver

Cowles Foundation Discussion Papers

We introduce and characterize a recursive model of dynamic choice that accommodates naiveté about present bias. The model incorporates costly self-control in the sense of Gul and Pesendorfer (2001) to overcome the technical hurdles of the Strotz representation. The important novel condition is an axiom for naiveté. We first introduce appropriate definitions of absolute and comparative naiveté for a simple two-period model, and explore their implications for the costly self-control model. We then extend this definition for infinite-horizon environments, and discuss some of the subtleties involved with the extension. Incorporating the definition of absolute naiveté as an axiom, we characterize …


Resistance To Institutions And Cultural Distance: Brigandage In Post-Unification Italy, Giampaolo Lecce, Laura Ogliari, Tommaso Orlando Aug 2017

Resistance To Institutions And Cultural Distance: Brigandage In Post-Unification Italy, Giampaolo Lecce, Laura Ogliari, Tommaso Orlando

Cowles Foundation Discussion Papers

We study how cultural distance affects the rejection of imposed institutions. To do so, we exploit the transplantation of Piedmontese institutions on Southern Italy that occurred during the Italian unification. We assemble a novel and unique dataset containing municipal-level information on episodes of brigandage, a form of violent uprising against the unitary government. We use the geographic distance from local settlements of Piedmontese descent as a proxy for the cultural distance between each municipality and the new rulers. We find robust evidence that cultural distance from the origins of the transplanted institutions is significantly associated with more intense resistance to …


Resistance To Institutions And Cultural Distance: Brigandage In Post-Unification Italy, Giampaolo Lecce, Laura Ogliari, Tommaso Orlando Aug 2017

Resistance To Institutions And Cultural Distance: Brigandage In Post-Unification Italy, Giampaolo Lecce, Laura Ogliari, Tommaso Orlando

Cowles Foundation Discussion Papers

We study how cultural distance affects the rejection of imposed institutions. To this purpose, we exploit the transplantation of Piedmontese institutions on Southern Italy which occurred during the Italian unification. We assemble a novel and unique dataset containing information on episodes of brigandage, a form of violent uprising against the unitary government, at the municipal level. We use geographic distance from local settlements of Piedmontese descent as a proxy for cultural distance between each municipality and the new rulers. We find robust evidence that cultural distance from the origins of the transplanted institutions is significantly associated with more intense resistance …


Federal Home Loan Mortgage Corporation Pursuant To Section 13 Or 15(D) Of The Securities Exchange Act Of 1934, United States: Securities And Exchange Commission (Sec), Federal Home Loan Mortgage Corporation (Freddie Mac) Aug 2017

Federal Home Loan Mortgage Corporation Pursuant To Section 13 Or 15(D) Of The Securities Exchange Act Of 1934, United States: Securities And Exchange Commission (Sec), Federal Home Loan Mortgage Corporation (Freddie Mac)

Documents

Contains Financial Statements and Exhibit 99.1 Press release, dated August 1, 2017, issued by Freddie Mac and 99.2 Second Quarter 2017 Financial Results Supplement.


Freddie Mac Form 8-K, Exhibit 99.1 August 1, 2017, Federal Home Loan Mortgage Corporation (Freddie Mac) Aug 2017

Freddie Mac Form 8-K, Exhibit 99.1 August 1, 2017, Federal Home Loan Mortgage Corporation (Freddie Mac)

Documents

No abstract provided.


Quantitative Easing The Independence Of The Bank Of England, William A. Allen Jul 2017

Quantitative Easing The Independence Of The Bank Of England, William A. Allen

Documents

No abstract provided.


Luxembourg Securitization Vehicles, Mondaq Ltd Jul 2017

Luxembourg Securitization Vehicles, Mondaq Ltd

Documents

No abstract provided.


New Documents Give Hope To Fannie Shareholders Seeking Redress, Joe Light Jul 2017

New Documents Give Hope To Fannie Shareholders Seeking Redress, Joe Light

Documents

No abstract provided.


2015_1759 Group Solvency - Combined Buffer Requirements, European Banking Authority Jul 2017

2015_1759 Group Solvency - Combined Buffer Requirements, European Banking Authority

Documents

No abstract provided.


Gazzetta Ufficiale Della Repubblica Italiana Anno 158 - Numero 175, Italian Government Jul 2017

Gazzetta Ufficiale Della Repubblica Italiana Anno 158 - Numero 175, Italian Government

Documents

No abstract provided.


Sigtarp Quarterly Report To Congress July 27, 2017, United States: Office Of The Special Inspector General For The Tarp Jul 2017

Sigtarp Quarterly Report To Congress July 27, 2017, United States: Office Of The Special Inspector General For The Tarp

Documents

No abstract provided.


Qu'est-Ce Que L'Acpr?, France: Autoritè De Contr´Le Prudentiel Et De Rèsolution (Acpr) Jul 2017

Qu'est-Ce Que L'Acpr?, France: Autoritè De Contr´Le Prudentiel Et De Rèsolution (Acpr)

Documents

No abstract provided.


U.S. Foresaw Better Return In Seizing Fannie And Freddie Profits, Gretchen Morgensen Jul 2017

U.S. Foresaw Better Return In Seizing Fannie And Freddie Profits, Gretchen Morgensen

Documents

No abstract provided.


The Fannie Freddie Document Treasure Trove, Richard Epstein Jul 2017

The Fannie Freddie Document Treasure Trove, Richard Epstein

Documents

No abstract provided.


China Extends Currency Swap Deal With Argentina, People's Republic Of China: Xinhua News Agency Jul 2017

China Extends Currency Swap Deal With Argentina, People's Republic Of China: Xinhua News Agency

Documents

No abstract provided.


El Banco De La Republica Popular De China Y El Banco Central De La Republica Argentina Renovaron Hoy Su Acuerdo Bilateral De Swap De Monedas, Argentina: Banco Central De La República Jul 2017

El Banco De La Republica Popular De China Y El Banco Central De La Republica Argentina Renovaron Hoy Su Acuerdo Bilateral De Swap De Monedas, Argentina: Banco Central De La República

Documents

No abstract provided.


Обеспеченные Кредиты Банка России, Central Bank Of Russia Jul 2017

Обеспеченные Кредиты Банка России, Central Bank Of Russia

Documents

No abstract provided.


The First Sale Of Shares In Royal Bank Of Scotland, United Kingdom: National Audit Office Jul 2017

The First Sale Of Shares In Royal Bank Of Scotland, United Kingdom: National Audit Office

Documents

No abstract provided.


Initial Docket For No. 17a63 (Starr International Company, Inc. V. United States), United States: Courts: Supreme Court Jul 2017

Initial Docket For No. 17a63 (Starr International Company, Inc. V. United States), United States: Courts: Supreme Court

Documents

Initial docket for Case Numbers: (2015-5103, 2015-5133)Contains details of all Proceedings and Orders by Date.


El Diluvio: The Spanish Banking Crisis, 2008-2012, Tano Santos Jul 2017

El Diluvio: The Spanish Banking Crisis, 2008-2012, Tano Santos

Documents

CitationSantos, Tano. "El Diluvio: The Spanish Banking Crisis, 2008– 2012." Columbia Business School and NBER, July 13, 2017.


Santander Announces A Commercial Action For Retail Customers Affected By The Resolution Of Banco Popular, Santander Group Jul 2017

Santander Announces A Commercial Action For Retail Customers Affected By The Resolution Of Banco Popular, Santander Group

Documents

No abstract provided.


Congressional Hearing Of The Governor Of The Banco De Espa±A Before The Commission Investigating The Financial Crisis In Spain And The Financial Assistance Programme, Luis M. Linde Jul 2017

Congressional Hearing Of The Governor Of The Banco De Espa±A Before The Commission Investigating The Financial Crisis In Spain And The Financial Assistance Programme, Luis M. Linde

Documents

No abstract provided.


Agreemeent By Cnmv Extending Restriction On Short Positions In Liberbank, S.A. Shares For Two Months, Comisión Nacional De Mercado De Valores Jul 2017

Agreemeent By Cnmv Extending Restriction On Short Positions In Liberbank, S.A. Shares For Two Months, Comisión Nacional De Mercado De Valores

Documents

No abstract provided.


Fscs Annual Reports And Accounts 2016/17, Financial Services Compensation Scheme Jul 2017

Fscs Annual Reports And Accounts 2016/17, Financial Services Compensation Scheme

Documents

No abstract provided.


Decision By Cnmv To Ban Short Sales And Similar Transactions Over Liberbank, S.A. Shares For One Month, Comisión Nacional De Mercado De Valores Jul 2017

Decision By Cnmv To Ban Short Sales And Similar Transactions Over Liberbank, S.A. Shares For One Month, Comisión Nacional De Mercado De Valores

Documents

No abstract provided.


Human Capital Development And Parental Investment In India, Orazio Attanasio, Costas Meghir, Emily Nix Jul 2017

Human Capital Development And Parental Investment In India, Orazio Attanasio, Costas Meghir, Emily Nix

Discussion Papers

No abstract provided.


Official Journal Of The European Union - C222, European Parliament Jul 2017

Official Journal Of The European Union - C222, European Parliament

Documents

No abstract provided.