综合经济学
Choice overload - in which larger choice sets are detrimental to a chooser's well-being - is potentially of great importance in the design of economic policy. Yet the current evidence on its prevalence is inconclusive. We argue that…
The process of consumer decision-making is multidimensional, and price perception is a very important but still not well-understood dimension for both marketers and consumers. Although heuristics or mental shortcuts are seen as biased and…
Intellectual property (IP) rules have the potential to shape cross-border trade far more than their legalistic origins might suggest. Drawing on three decades of evidence, this review shows that stronger IP rights simultaneously create…
Older male workers exhibit diverse retirement behaviors across occupations and respond differently to policy changes, influenced significantly by the part-time penalty-wage reduction faced by part-time workers compared to their full-time…
Income inequality is an important issue that has to be solved in order to make progress in our society. The study of income inequality is well received through the Gini coefficient, which is used to measure degrees of inequality in general.…
Random disturbances such as air pollution may affect cognitive performance, which, particularly in high-stakes settings, may have severe consequences for an individual's productivity and well-being. This paper examines the short-term…
Experiential focused on creating memorable and meaningful experiences for consumers, has emerged as a key strategy in promoting tourist destinations. particularly in destinations seeking to highlight their unique cultural characteristics.…
This paper analyzes the impact of the National Minimum Wage from 2001 to 2021. The MNW increased from 505.7/month (2001) to 1,108.3/month (2021). Using the data provided by the Spanish Tax Administration Agency, databases that represent the…
In a world of increasing policy uncertainty, central banks are relying more on soft information sources to complement traditional economic statistics and model-based forecasts. One valuable source of soft information comes from intelligence…
Financial institutions increasingly rely on large language models (LLMs) for high-stakes decision-making. However, these models risk perpetuating harmful biases if deployed without careful oversight. This paper investigates racial bias in…
Data for many nations show a long-run increase, over many decades, of income, indexed by GDP per capita, and population health, indexed by mortality or life expectancy at birth (LEB). However, the short-run and long-run relationships…
This paper documents a robust link between COVID-19 lockdowns and the uptake and persistence of working from home (WFH) practices. Exploiting rich longitudinal data, we use a difference-in-differences strategy to compare office workers in…
Misinformation poses a growing global threat to institutional trust, democratic stability, and public decision-making. While prior research has often portrayed social media as a channel for spreading falsehoods, less is known about the…
Global cooperation is posited as a pivotal solution to address climate change, yet significant barriers, like free-riding, hinder its realization. This paper develops a dynamic game-theoretic model to analyze the stability of coalitions…
When making route decisions, travelers may engage in a certain degree of reasoning about what the others will do in the upcoming day, rendering yesterday's shortest routes less attractive. This phenomenon was manifested in a recent virtual…
The main goal of this article is to introduce an economic perspective in the social logic of space. Firstly, we describe the economic model of a linear city to show how depth can generate value by creating local monopolies in less…
As interest in economic narratives has grown in recent years, so has the number of pipelines dedicated to extracting such narratives from texts. Pipelines often employ a mix of state-of-the-art natural language processing techniques, such…
Depression affects more than 280 million people worldwide, with poorer communities having disproportionate burden as well as barriers to treatment. This study examines the role of pharmacy pricing caps in access to antidepressants among…
The opening of the Gotthard Base Tunnel in 2017, the longest railway tunnel in the world, marked a milestone in Swiss transport policy. The tunnel, a part of the New Rail Link through the Alps, serves as a key instrument of the so-called…
To ensure security of supply in the power sector, many countries are already using or discussing the introduction of capacity mechanisms. Two main types of such mechanisms include capacity markets and capacity reserves. Simultaneously, the…