Tagged Questions

For questions relating to the application and extension of psychological principles to humans operating within the context of business, industry, and other organizational structures.

learn more… | top users | synonyms (3)

12
votes
2answers
1k views

Game-theory strategies to overcome holdout problem?

The hold-out problem often occurs in debt-restructuring or in urban development. The hold-out problem is defined where an agent, for example a land developer, must negotiate with many lot owners and ...
10
votes
3answers
100 views

Do safety features cause drivers to engage in more risky behavior than they otherwise would?

It seems to be generally assumed that making cars safer for the occupants will reduce death, injury, and damage from traffic accidents. What are some examples of significant empirical research on ...
4
votes
4answers
152 views

What is a good book for studying incentives?

I am looking for a book, which gives a broad overview of all the main theories regarding incentives. Using this book, I would like to further my understanding of things like: Why slot machines ...
27
votes
2answers
460 views

Do students exhibit rational behavior in determining study time?

While I teach some economics classes, I must admit to near complete ignorance on the optimization processes students undertake when studying. We often say that the "best" students are those who earn ...
8
votes
3answers
48 views

How can you limit excessive risk-taking at the institutional level?

Some firms have a compensation structure that encourages risk-taking while insulating employees from the bad consequences of their decisions. This creates the potential for moral hazard. I started ...