Essays about: "Economic rationality"

Showing result 1 - 5 of 59 essays containing the words Economic rationality.

  1. 1. Socioeconomic status and preferences for income inequality: A quantitative study using the International Social Survey Program Data

    University essay from Lunds universitet/Statsvetenskapliga institutionen

    Author : Aude Elisabeth Marguerite Carreau; [2023]
    Keywords : preferences; income inequality; socioeconomic status; meritocracy; social mobility; Law and Political Science;

    Abstract : People's preferences for income inequality vary, and this research investigates the influence of socioeconomic status on these preferences. Drawing on a structural position theory that considers individuals’ self-interest and rationality to be driven by their socioeconomic status, this paper examines the extent to which socioeconomic status affects the likelihood of accepting income inequality. READ MORE

  2. 2. Data Misinterpretation: A Consequence of Data Structure? : A Cognitive Imperfection and Its Economic Implications

    University essay from Jönköping University/Internationella Handelshögskolan

    Author : Balázs Faragó; Joakim Ben David; [2023]
    Keywords : Data Misinterpretation; Behavioural Economics; Policy Decision-Making; Cognitive Bias; Convex Hull; Agent-Based Computational Economics;

    Abstract : This study examines the claim that individuals misinterpret the mean of a dataset (displayed as a scatterplot) more when the convex hull of the dataset is less representative of the data. In addition, this study also tests whether outliers in the data can predict the magnitude of error that individuals make in interpreting the mean of the dataset. READ MORE

  3. 3. Colonial Tendencies of Voluntourism: A Postcolonial Analysis of Weltwärts Testimonials

    University essay from Lunds universitet/Sociologi

    Author : Amelie Aue; [2023]
    Keywords : Voluntourism; Weltwärts; Development; Postcolonial Theory; Coloniality of Power; Orientalism; white Saviorism; Social Sciences;

    Abstract : Voluntourism is often described as a sustainable development strategy facilitating Global Learning and cross-cultural exchange. Initiated by the German Federal Ministry for Economic Cooperation and Development (BMZ), the voluntourism program Weltwärts strives to create stronger international partnerships, development engagement, and equitable encounters. READ MORE

  4. 4. How does Time Pressure Affect Individual Attitudes towards Uncertainty?

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Yuanqing Dong; [2023]
    Keywords : risk aversion; ambiguity aversion; a-insensitivity; noisy decision making; time pressure;

    Abstract : Measurements of uncertainty attitudes have been studied extensively. The majority of research concentrate on the source of uncertainty concerned risk with known probability, while the other source of uncertainty concerned ambiguity with unknown probabilities is gradually but surely becoming more widely acknowledged. READ MORE

  5. 5. Valuation in the energy storage sector - an investor perspective

    University essay from Umeå universitet/Företagsekonomi

    Author : Oliver Vasanoja; Alessandro Volpe; [2023]
    Keywords : Energy storage; project finance; sustainable finance; investor rationality; financial valuation; levelized cost of storage; net present value; internal rate of return; payback period; technological maturity;

    Abstract : This study will examine a strategy for evaluating energy storage projects by integrating valuation metrics from finance and the energy sector. Uncertainty is one of the key barriers to investment in the energy sector (Shimbar & Ebrahimi, 2017, p. READ MORE