Search results for "self-selection"
showing 3 items of 3 documents
The role of «perceived loss» aversion on credit screening: an experiment
2013
A major characteristic of credit markets is information asymmetry.To combat its problems, as credit rationing, principals can use a menu of contracts to screen clients with different risk level. We conduct a laboratory experiment to address an important question for such settings —does the framing of the offered menu of contracts interfere with the self-selection mechanism? The answer is yes. We find subjects' choices shift when the same (positive) outcomes of the same menu of contracts are presented in two different frames. Subjects exhibit loss aversion in their perception of the positive outcomes below the reference point, and self-selection fails to occur. Uno de los mayores problemas a…
Empirical analyses of European intellectual property rights institutions
2018
This dissertation consists of introduction chapter and five empirical studies on European intellectual property rights institutions. Chapters 2, 3 and 4 are micro-level studies and the perspective shifts to macro-level in Chapters 5 and 6. Chapters 2, 3, 5 and 6 analyze two-tiered patent systems and Chapter 4 focuses on design rights. Chapter 2 analyzes the choice between patent and utility model protection among German firms. The results indicate that larger firms are more likely to use both protection methods and that a short life cycle of products and services is associated with an increased likelihood to use utility models. Chapter 3 analyzes the role of utility models in patent filing …
An examination of nonresponse in a study on daily family life: I do not have time to participate, but I can tell you something about our life
2012
The aim of this study was to look at the issue of nonresponse and self-selection bias in the context of a family study on daily family life. Data on the participating families and refusers were gathered as part of the wider Palette study in which questionnaires and diaries were used as data collection methods. On the basis of these data (N = 208 participating families and 119 refuser families), we profile the families left outside the study. The parents who declined to participate in the Palette study were asked to fill in a short refusal form, which included questions concerning their family background and reasons for refusal, and they were also asked to write freely about their everyday l…