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  • 201.
    Andersson, Fredrik
    et al.
    Uppsala University, Humanistisk-samhällsvetenskapliga vetenskapsområdet, Faculty of Social Sciences, Department of Economics.
    Vejsiu, Altin
    Determinants of Plant Closures in Swedish Manufacturing2001In: Essays on Labor Market Dynamics, Department of Economics, Uppsala University , 2001Chapter in book (Other scientific)
  • 202.
    Andersson, Gustaf
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Are Preliminary Estimates Rational?: A Study of the Arbitration Process in the Swedish Quarterly National Accounts2018Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
    Abstract [en]

    This study examines whether preliminary estimates of real growth of GDP and the major user side components in the Swedish quarterly national accounts are unbiased forecasts of revised estimates, and whether available information from the process of reconciling GDP from the production and user side is used efficiently to minimise revisions. Regression analysis is performed to find that preliminary GDP growth estimates are rational forecasts of revised estimates. The results are mixed for the user side components. Preliminary estimates of growth of investments and exports are rational forecasts whereas revisions of growth of government spending could be minimised by more efficiently using information about preliminary estimate values. Moreover, information about the statistical discrepancy between the GDP growth estimates from the production and user side could be used to minimise revisions of growth of consumer spending and imports, but these conclusions are sensitive to the period of volatile economic development 2008-2010. 

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  • 203.
    Andersson, Hanna
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Nygren, Erik
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Vad bidrar mest till länders tillväxt? En regressionsstudie över FDI och bistånd2017Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
    Abstract [sv]

    Studien ämnar undersöka huruvida Foreign Direct Investment (FDI) eller bistånd har störst påverkan på ekonomisk tillväxt. Då bistånd kan ges som bidrag till sektorer som inte kan förväntas öka tillväxten har vi disaggregerat bistånd till två mått, utöver totalt bistånd, där enbart de sektorer som förväntas vara tillväxtgivande inkluderas. Eftersom vi inte har funnit data på sektorsnivå för FDI antar vi i uppsatsen att FDI alltid går till sektorer som förväntas att ge tillväxt. Vi begränsar studien till 80 länder som hör till kategorierna låginkomstländer och lägre medelinkomstländer. Genom metoderna Ordinary Least Squares och Arellano-Bond Generalized Method of Moments visar våra resultat att det är svårt att avgöra vilken av FDI och bistånd som ger störst effekt på tillväxten när vi tittar på samtliga länder. När vi korrigerar för extremvärden får vi däremot resultat med starka signifikansnivåer som visar att FDI har en mer positiv påverkan på tillväxt än bistånd.

  • 204.
    Andersson, Helen
    Uppsala University, Humanistisk-samhällsvetenskapliga vetenskapsområdet, Faculty of Social Sciences, Department of Economics.
    Sparande med flytväst på torra land?: En utvärdering av Aktieindexobligationer som kapitalplacering2002Independent thesis Basic level (degree of Bachelor)Student thesis
  • 205.
    Andersson, Henrik
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Ethnic Enclaves, Self-Employment and the Economic Performance of Refugees2018Report (Other academic)
    Abstract [en]

    In this paper I estimate the causal effect of ethnic enclaves on the probability of self-employment. To account for neighborhood selection I make use of a refugee dispersal program. Results indicate that larger ethnic enclaves, measured as the share of self-employed coethnics in the municipality immigrants first arrive into, effects the probability of self-employment positively, while the share of all other coethnics has a negative effect. Results however also indicate that there is a long term economic penalty to being placed with a larger share of self-employed coethnics, an effect which is partly mediated through the choice of selfemployment.

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  • 206.
    Andersson, Henrik
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics. Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Institute for Housing and Urban Research.
    Immigration and the Neighborhood: Essays on the Causes and Consequences of International Migration2018Doctoral thesis, monograph (Other academic)
    Abstract [en]

    Essay 1 (with Kristoffer Jutvik): This paper uses quasi-experimental evidence to understand how changes in migration policy affect the number of asylum seekers. We look specifically at a sudden, regulatory change in the Swedish reception of Syrian asylum seekers. The change took place in September 2013, and implied that all Syrian asylum seekers would be granted permanent, instead of temporary residence permits. Using high frequency data and an interrupted time series set-up, we study the extent to which this change caused more Syrian citizens to apply for asylum in Sweden, and how the change affected the distribution of asylum seekers in Europe. Results show that the change in policy almost doubled the number of asylum seekers from Syria within 2013, with a significant jump in numbers already within the first week after the implementation of the policy. While this also decreased the share of asylum seekers to other large recipient countries (Germany), the effects were highly temporary.

    Essay 2: In this paper I estimate the causal effect of ethnic enclaves on the probability of self-employment. To account for neighborhood selection I make use of a refugee dispersal program. Results indicate that larger ethnic enclaves, measured as the share of self-employed coethnics in the municipality immigrants first arrive into, affect the probability of self-employment positively, while the share of all other coethnics has a negative effect. Results however also indicate that there is a long term economic penalty to being placed with a larger share of self-employed coethnics, an effect which is partly mediated through the choice of self-employment.

    Essay 3 (with Heléne Berg and Matz Dahlberg): In this paper we investigate the migration behavior of the native population following foreign (refugee) immigration, with a particular focus on examining whether there is any support for an ethnically based migration response. If ethnicity is the mechanism driving the change in natives' migration behavior, our maintained hypothesis is that native-born individuals who are more ethnically similar to arriving refugees should not change their migration behavior to the same extent as native-born individuals with native-born parents (who are ethnically quite different from refugees). Using rich geo-coded register data from Sweden, spanning over 20 consecutive years, we account for possible endogeneity problems  with an improved so-called ``shift-share" instrumental variable approach; in particular, our strategy combines policy-induced initial immigrant settlements with exogenous contemporaneous immigration as captured by refugee shocks. We find no evidence of neither native flight nor native avoidance when studying the full population. We do, however, find native flight among individuals who are expected to be more mobile, and within this group, we find that all natives, irrespective of their parents' foreign background, react similarly to increased immigration. Our results therefore indicate that preferences for ethnically homogeneous neighborhoods may not be the dominant channel inducing flight. Instead our estimates indicate that immigration leads to more socio-economically segregated neighborhoods. This conclusion can have important implications for the ethnically based tipping point literature.

    Essay 4 (with Matz Dahlberg): In this paper we examine the short-run housing market effects of refugee immigration to Sweden. Given that Sweden is a major refugee receiving country, it constitutes an interesting and important case to study. To deal with the endogeneity resulting from the refugees' location choices, we use an econometric specification that includes neighborhood fixed effects and an instrumental variable that is based on a historical settlement pattern mainly determined by a refugee placement policy. We find that refugee immigration to small neighborhoods has no average effect on changes in housing prices in that neighborhood. We find a positive effect on increased housing supply, measured as the number of objects on sale. The zero effect of immigration on housing prices stands in contrast to the negative results found in earlier studies. We hypothesize that the reason is due to different preferences for homogeneity in Sweden, and/or to institutional features in the Swedish rental sector.

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  • 207.
    Andersson, Henrik
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics. Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Institute for Housing and Urban Research.
    Berg, Heléne
    Stockholm Univ, Dept Econ, Stockholm, Sweden.
    Dahlberg, Matz
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics. Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Institute for Housing and Urban Research.
    Migrating natives and foreign immigration: Is there a preference for ethnic residential homogeneity?2021In: Journal of Urban Economics, ISSN 0094-1190, E-ISSN 1095-9068, Vol. 121, article id 103296Article in journal (Refereed)
    Abstract [en]

    We study the migration behavior of the native Swedish population following refugee immigration, with a particular focus on examining whether there is support for an ethnically based migration response. Using rich geo-coded Swedish data, we account for possible endogeneity problems by combining policy-induced initial immigrant settlements with exogenous contemporaneous immigration as captured by refugee shocks. We find the same flight among all natives, irrespective of their parental foreign background. This suggests that "ethnic distance " to the new immigrants is not the dominant channel causing natives' flight behavior. Instead, refugee immigration seems to lead to more socio-economically segregated neighborhoods.

  • 208.
    Andersson, Henrik
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Institute for Housing and Urban Research.
    Blind, Ina
    Högskolan Kristianstad.
    Brunåker, Fabian
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Institute for Housing and Urban Research. Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Dahlberg, Matz
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Institute for Housing and Urban Research. Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Granath, Jakob
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Institute for Housing and Urban Research. Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Fredriksson, Greta
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Institute for Housing and Urban Research. Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Liang, Che-Yuan
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Institute for Housing and Urban Research. Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Polisens lista över utsatta områden minskar efterfrågan på att bo i de utpekade områdena2023In: Ekonomisk Debatt, ISSN 0345-2646, Vol. 51, no 8, p. 53-58Article in journal (Other academic)
    Abstract [sv]

    Sedan hösten 2015 har polisen publicerat en serie rapporter som listar ett sextiotal bostadsområden i Sverige som "utsatta". Dessa listor har fått stort genomslag såväl i media som i den politiska debatten. I denna artikel presenterar vi resultat som ger stöd åt hypotesen att polisens beslut att peka ut "utsatta områden" har påverkat uppfattningen om de utpekade områdena. Vi påvisar en negativ effekt på bostadspriserna av att bli upptagen på polisens lista, både på kort och längre sikt (inom sex år), vilket vi tolkar som en minskad efterfråga på att bo i dessa områden.

  • 209.
    Andersson, Henrik
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Institute for Housing and Urban Research.
    Engström, Per
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics, Uppsala Center for Fiscal Studies.
    Nordblom, Katarina
    Department of Economics, University of Gothenburg, Gothenburg, Sweden.
    Wanander, Susanna
    The Swedish Tax Agency, Sundbyberg, Sweden.
    Nudges and threats: soft versus hard incentives for tax compliance2023In: Economic Policy: A European Forum, ISSN 0266-4658, E-ISSN 1468-0327, Vol. 38, no 116, p. 771-819Article in journal (Refereed)
    Abstract [en]

    We study what induces delinquent wage earners to pay their taxes due, using high-quality administrative data from the Swedish Tax Agency. We find a strong effect of the standard enforcement regime: a threat of having the debt handed over to the Enforcement Agency increases payments by more than 9 percentage points (from a baseline of 58%). When including actual enforcement, payment increases by 19 percentage points compared with those who do not risk enforcement. In a field experiment, we compare these effects of standard enforcement to those involving much milder nudges, consisting of letters reminding tax delinquents to pay their taxes due. We find that a ‘pure nudge’ (i.e., the inclusion of an extra sheet of paper with no valuable information) has an effect of around 7 percentage points for those who do not risk enforcement upon non-payment, that is, an effect almost as large as for the threat of enforcement. However, the same nudge has no detectable effect on the group that is subject to enforcement. Finally, we find a small additional effect on payments from social norm messages both for those who risk enforcement and for those who do not.

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  • 210.
    Andersson, Irina
    Uppsala University, Humanistisk-samhällsvetenskapliga vetenskapsområdet, Faculty of Social Sciences, Department of Economics.
    The macroeconomic effects of aid in Kenya2003Independent thesis Basic level (degree of Bachelor)Student thesis
    Abstract [en]

    The macroeconomic rationale for external aid to developing countries is to positively influence savings, exports, foreign exchange and government revenue. In this paper, the macroeconomic impact of aid on Kenya over the period 1984-1996 has been studied with the help of the accounting framework model. No positive relationship was found between aid and exports, while aid and imports have shown to be clearly related. The Dutch disease theory of foreign aid inflows leading to the appreciation of the real exchange is not supported by the finfings of the paper: the real exchange rate depreciated for the longer period of the studied time frame. Aid is postitively correlated with public investments while the relationsship is weak with private investments. There was found some evidence of aid fungibility as the study showed that the government might have used aid as a substitute for taxation.

  • 211.
    Andersson, Johan
    Uppsala University, Humanistisk-samhällsvetenskapliga vetenskapsområdet, Faculty of Social Sciences, Department of Economics.
    Reala växelkursens påverkan på Sveriges handelsbalans under fast och rörlig växelkurs2002Independent thesis Advanced level (degree of Master (One Year))Student thesis
  • 212.
    Andersson, Johannes
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Cost-Effectiveness of PTSD Coach, a Self-Management Mobile App for Posttraumatic Stress Disorder, in Sweden2023Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
    Abstract [en]

    Posttraumatic stress disorder (PTSD) is a prevalent and global health problem, associated with high cost to the individual, healthcare, and society. Technological advances are currently being made in mental health services through rapid growth in the development of mobile applications (apps). One such example is the self-management app “PTSD Coach”. The app has shown promising clinical results in reducing posttraumatic stress symptoms, but its cost-effectiveness is unknown. This thesis therefore investigates the cost-effectiveness of using PTSD Coach compared to treatment as usual (TAU) for people with posttraumatic stress symptoms in Sweden. Effectiveness and healthcare consumption data are obtained from a randomized trial and gathered for a total of 179 participants at baseline and 3, 6 and 9 months. The analysis are made using a net benefit approach from a healthcarepayers’ perspective and uncertainty are assessed using 10 000 bootstrap replications. The results shows that it is an 87% probability that PTSD Coach is more cost-effective than TAU when the policy maker is unwilling to pay anything extra for an additional quality-adjusted life-year (QALY). Theprobability increases to 93% at a SEK 500 000/QALY threshold. The results are stable to changes incosts settings and intervention cost.

  • 213.
    Andersson, Johannes
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Herold, Theo
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Negativ ränta - positivt för konsumtionen?: En empirisk studie om hur negativ reporänta påverkar hushållens konsumtion2020Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
    Abstract [en]

    Based on a VAR model, household consumption in Sweden is analyzed under a negative policy rate. Since the end of 2014, negative policy interest rates were introduced by the Riksbank under the premise that it stimulates the economy in the same way as positive interest rates. On the contrary, some researchers argue that monetary policy loses its effect when getting closer to the Zero lower bound. The study compares how consumption reacts to a repo rate shock between two periods: the first quarter of 1996 to the fourth quarter of 2014 excluding negative repo rate and the first quarter of 1996 to the second quarter of 2019 including negative repo rate. With the applied VAR-model, we find no clear indication that consumption reacts differently when negative levels of repo rate are included. Furthermore, we find no clear evidence of increased inefficiency within the transmission mechanism. We conclude that a negative repo rate can be used efficiently by the Riksbank to stimulate consumption and the economy.

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    Negativ ränta - positivt för konsumtionen?
  • 214.
    Andersson, Jonathan
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    En solklar investering: Solstrålningens betydelse för var solpaneler byggs2020Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
    Abstract [sv]

    För varje år installeras fler solceller i Sverige. Tack vare sjunkande priser, effektivare produktion och statligt stöd så har lönsamheten i en investering i solceller ökat drastiskt de senaste åren. Den viktigaste förutsättningen för lönsamheten i en solcellsanläggning är dock fortsatt mängden solstrålning på en plats som kan konverteras till el. I denna studie undersöks i hur hög grad mängden solstrålning avgör mängden installerad effekt per capita i Sveriges kommuner. Undersökningen genomförs med hjälp av regressionsanalys och finner ett statistiskt signifikant (p<0,01) samband mellan den genomsnittliga globalstrålningen i en kommun och den installerade effekten. Den estimerade effekten innebär cirka 17 procent mer installerad effekt per capita för varje 100 kilowattimmar solstrålning, vilket ungefär motsvarar skillnaden i solstrålning mellan Gävle och Göteborg. Undersökningen är den första av sitt slag i Sverige och resultaten är i linje med tidigare studier av effekten av solstrålning på installationen av solceller på andra platser.

  • 215.
    Andersson, Jonathan
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Estimating the Effects of European Union Membership on Income Using Synthetic Control Methods2023Independent thesis Advanced level (degree of Master (Two Years)), 20 credits / 30 HE creditsStudent thesis
    Abstract [en]

    The effect on GDP per Capita of joining the European Union is estimated using synthetic control methods, finding an average effect of roughly a half percent increase in the ten years after joining the union, varying considerably between countries, with both large positive and negative estimates present. When limiting the sample to countries with longer pre-treatment periods, and thus presumably more accurate estimations, the average effect is 3.57%. These estimates are considerably lower than previous estimates using similar methods, which are shown to inadvertently ignore important predictors in the estimation, indicating results are sensitive to methodological specification. Furthermore, results for most countries are not robust in comparisons to placebo-tests in space and time, raising questions about the suitability of the methodology in evaluating some of the EU-entries.

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  • 216.
    Andersson, Josefine
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Insurances against job loss and disability: Private and public interventions and their effects on job search and labor supply2017Doctoral thesis, monograph (Other academic)
    Abstract [en]

    Essay I: Employment Security Agreements, which are elements of Swedish collective agreements, offer a unique opportunity to study very early job search counselling of displaced workers. These agreements provide individual job search assistance to workers who are dismissed due to redundancy, often as early as during the period of notice. Compared to traditional labor market policies, the assistance provided is earlier and more responsive to the needs of the individual worker. In this study, I investigate the effects of the individual counseling and job search assistance provided through the Employment Security Agreement for Swedish blue-collar workers on job finding and subsequent job quality. The empirical strategy is based on the rules of eligibility in a regression discontinuity framework. I estimate the effect for workers with short tenure, who are dismissed through mass-layoffs. My results do not suggest that the program has an effect on the probability of becoming unemployed, the duration of unemployment, or income. However, the results indicate that the program has a positive effect on the duration of the next job.

    Essay II: The well-known positive relationship between the unemployment benefit level and unemployment duration can be separated into two potential sources; a moral hazard effect, and a liquidity effect pertaining to the increased ability to smooth consumption. The latter is a socially optimal response due to credit and insurance market failures. These two effects are difficult to separate empirically, but the social optimality of an unemployment insurance policy can be evaluated by studying the effect of a non-distortionary lump-sum severance grant on unemployment durations. In this study, I evaluate the effects on unemployment duration and subsequent job quality of a lump-sum severance grant provided to displaced workers, by means of a Swedish collective agreement. I use a regression discontinuity design, based on the strict age requirement to be eligible for the grant. I find that the lump-sum grant has a positive effect on the probability of becoming unemployed and the length of the completed unemployment duration, but no effect on subsequent job quality. My analysis also indicates that spousal income is important for the consumption smoothing abilities of displaced workers, and that the grant may have a greater effect in times of more favorable labor market conditions.

    Essay III: Evidence from around the world suggest that individuals who are awarded disability benefits in some cases still have residual working capacity, while disability insurance systems typically involve strong disincentives for benefit recipients to work. Some countries have introduced policies to incentivize disability insurance recipients to use their residual working capacities on the labor market. One such policy is the continuous deduction program in Sweden, introduced in 2009. In this study, I investigate whether the financial incentives provided by this program induce disability insurance recipients to increase their labor supply or education level. Retroactively determined eligibility to the program with respect to time of benefit award provides a setting resembling a natural experiment, which could be used to estimate the effects of the program using a regression discontinuity design. However, a simultaneous regime change of disability insurance eligibility causes covariate differences between treated and controls, which I adjust for using a matching strategy. My results suggest that the financial incentives provided by the program have not had any effect on labor supply or educational attainment.

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  • 217.
    Andersson, K.
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Kanniainen, V.
    Södersten, J.
    Sörensen, P.B.
    Corporate Tax Policy in the Nordic Countries1998In: Tax Policy in the Nordic Countries, MacMillan Press , 1998Chapter in book (Other academic)
  • 218.
    Andersson, Karin
    Uppsala University, Humanistisk-samhällsvetenskapliga vetenskapsområdet, Faculty of Social Sciences, Department of Economics.
    Housing Investments and Economic Growth2005Independent thesis Advanced level (degree of Master (One Year)), 10 credits / 15 HE creditsStudent thesis
    Abstract [en]

    This paper examines the relationship between housing investments and economic growth. Through a literature review five different hypotheses are analysed to examine the effects of housing investments on economic growth. The studied effects include; direct effects, counter-cyclical effects, price effects and productivity effects through reduced mismatch between housing and labour markets, and finally effects on the productivity of workers. The conclusion is that the direct effects are only short term and the existence of counter-cyclical effects is doubtful. For the price effects and the effects on productivity there are less empirical evidence, but the effects are still considered significant. Keywords: housing investments, new construction, economic growth, effects 2

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  • 219.
    Andersson, Karin
    et al.
    Uppsala University, Humanistisk-samhällsvetenskapliga vetenskapsområdet, Faculty of Social Sciences, Department of Economics.
    Skansfors, Elin
    Uppsala University, Humanistisk-samhällsvetenskapliga vetenskapsområdet, Faculty of Social Sciences, Department of Economics.
    Sveriges dyraste lägenheter: Hur vakanser uppstår och hanteras2003Independent thesis Basic level (degree of Bachelor)Student thesis
  • 220.
    Andersson, Karin
    et al.
    Uppsala University, Humanistisk-samhällsvetenskapliga vetenskapsområdet, Faculty of Social Sciences, Department of Economics.
    von Essen, Emma
    Uppsala University, Humanistisk-samhällsvetenskapliga vetenskapsområdet, Faculty of Social Sciences, Department of Economics.
    Turner, Bengt
    Uppsala University, Units outside the University, Institute for Housing and Urban Research.
    Bostadspolitiska förändringar i Europa2005Report (Other academic)
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  • 221.
    Andersson, Lisa
    Uppsala University, Humanistisk-samhällsvetenskapliga vetenskapsområdet, Faculty of Social Sciences, Department of Economics.
    Labour Migration and Network Effects in Moldova2008Independent thesis Advanced level (degree of Master (One Year)), 10 credits / 15 HE creditsStudent thesis
    Abstract [en]

    This study investigates the impact of migration networks on the decision to migrate in Moldova. Using a recent cross-sectional household survey with extensive migration information I am able to disaggregate the migration networks according to kinship and further investigate the impact of different kinds of networks. The results show that migration networks have a significant positive impact on the decision to migrate, whereas the results do not reveal any conclusive evidence that certain kinships have stronger or different influence on the decision to migrate than others. The most influential determinants of migration when it comes to networks are ex-household members who migrated abroad and no longer make part of the household, and other individuals outside the household (i.e. friends, neighbours etc.) who migrated.

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  • 222.
    Andersson, Maria
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Är euron en internationell valuta?2005Independent thesis Advanced level (degree of Master (One Year)), 10 credits / 15 HE creditsStudent thesis
    Abstract [sv]

    Denna uppsats syfte är att ta reda på om euron är en internationell valuta och om

    euron kan konkurrera med dollarn om titeln som världens ledande valuta. Teori om

    valutamarknaden, en valutas uppgifter och vad som avgör vilken valuta som används

    internationellt behandlas och för att kunna svara på uppsatsens frågeställningar (syfte)

    redogörs siffror på eurons internationella användning. Sådana siffror visar att euron är

    en internationell valuta då den används i valutans funktioner internationellt, men att

    dollarn fortfarande är den världsledande valutan utan att vara särsklit hotad i sin

    ställning av euron.

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  • 223.
    Andersson, Michael K.
    et al.
    Finansinspektionen, Stockholm, Sweden..
    Aranki, Ted
    Finansinspektionen, Stockholm, Sweden..
    Reslow, André
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics. Sveriges Riksbank, Monetary Policy Dept, SE-10337 Stockholm, Sweden..
    Adjusting for information content when comparing forecast performance2017In: Journal of Forecasting, ISSN 0277-6693, E-ISSN 1099-131X, Vol. 36, no 7, p. 784-794Article in journal (Refereed)
    Abstract [en]

    Cross-institutional forecast evaluations may be severely distorted by the fact that forecasts are made at different points in time and therefore with different amounts of information. This paper proposes a method to account for these differences when analyzing an unbalanced panel of forecasts. The method computes the timing effect and the forecaster's ability simultaneously. Monte Carlo simulation demonstrates that evaluations that do not adjust for the differences in information content may be misleading. In addition, the method is applied to a real-world dataset of 10 Swedish forecasters for the period 1999-2015. The results show that the ranking of the forecasters is affected by the proposed adjustment.

  • 224.
    Andersson, Niklas
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Läcker företag information?: En studie om aktiehandlarnas förmåga att förutspå kvartalsrapporter2011Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
    Abstract [sv]

    Huruvida företag läcker information eller om marknaden på annat vis kan förutspå kvartalsrapporters inverkan på aktiepriset är studiens syfte att undersöka. Detta är av intresse för aktieägare då det finns stora vinstmöjligheter i att ha tillgång till informationen eller att kunna förutspå den i förväg. Tio stycken svenska storföretags aktier, under tio års tid, har använts för att finna dessa mönster. Rent praktiskt har eventstudiemetoden, tillsammans med den så kallade marknadsmodellen, använts för studera dessa tio aktier. Resultaten av genomförda t-test och ackumuleringar av företagens avkastningar talar inte för att marknaden systematiskt har kunnat förutspå hur kvartalsrapporter kommer att påverka ett företags akties pris. På samma vis har studien inte kunnat påvisa någon form av systematiskt informationsläckage. 

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  • 225.
    Andersson, Ola
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    On the role of patience in collusive Bertrand duopolies2008In: Economics Letters, ISSN 0165-1765, E-ISSN 1873-7374, Vol. 100, p. 60-63Article in journal (Refereed)
    Abstract [en]

    This paper analyzes the role of patience in a repeated Bertrand duopoly where firms bargain over which collusive price and market share to implement. It is shown that the least patient firm's market share is not monotone in its own discount factor.

  • 226.
    Andersson, Ola
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Andersson, Tommy
    Lund University, Sweden.
    Timing and presentation effects in sequential auctions2017In: Journal of Mechanism and Institution Design, ISSN 2399-844X, Vol. 2, no 1, p. 39-55Article in journal (Refereed)
    Abstract [en]

    This paper investigates two hitherto unexplored dimensions inherent in online sequential auctions, namely, how the time elapsed between the end of an auction and the end of the next one and the order of presentation on the website affect prices. Using a state-of-the-art-dataset on train-ticket auctions with a particular institutional design feature that enables a causal interpretation of these dimensions, it is demonstrated that both dimensions have a significant impact on price formation in sequential auctions.

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  • 227.
    Andersson, Ola
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics. Res Inst Ind Econ, Stockholm, Sweden..
    Argenton, Cedric
    Tilburg Univ, CentER, Tilburg, Netherlands.;Tilburg Univ, TILEC, Tilburg, Netherlands..
    Weibull, Jorgen W.
    Stockholm Sch Econ, Stockholm, Sweden.;Inst Adv Study Toulouse, Toulouse, France.;KTH Royal Inst Technol, Stockholm, Sweden..
    Robustness to strategic uncertainty in the Nash demand game2018In: Mathematical Social Sciences, ISSN 0165-4896, E-ISSN 1879-3118, Vol. 91, p. 1-5Article in journal (Refereed)
    Abstract [en]

    This paper studies the role of strategic uncertainty in the Nash demand game. A player's uncertainty about another player's strategy is modeled as an atomless probability distribution over that player's strategy set. A strategy profile is robust to strategic uncertainty if it is the limit, as uncertainty vanishes, of some sequence of strategy profiles in which every player's strategy is optimal under his or her uncertainty about the others (Andersson et al., 2014). In the context of the Nash demand game, we show that robustness to symmetric (asymmetric) strategic uncertainty singles out the (generalized) Nash bargaining solution. The least uncertain party obtains the bigger share. (C) 2017 Elsevier B.V. All rights reserved.

  • 228.
    Andersson, Ola
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Argenton, Cédric
    Weibull, Jörgen W.
    Robustness to strategic uncertainty2014In: Games and Economic Behavior, ISSN 0899-8256, E-ISSN 1090-2473, Vol. 85, p. 272-288Article in journal (Refereed)
    Abstract [en]

    We introduce a criterion for robustness to strategic uncertainty in games with continuum strategy sets. We model a player's uncertainty about another player's strategy as an atomless probability distribution over that player's strategy set. We call a strategy profile robust to strategic uncertainty if it is the limit, as uncertainty vanishes, of some sequence of strategy profiles in which every player's strategy is optimal under his or her uncertainty about the others. When payoff functions are continuous we show that our criterion is a refinement of Nash equilibrium and we also give sufficient conditions for existence of a robust strategy profile. In addition, we apply the criterion to Bertrand games with convex costs, a class of games with discontinuous payoff functions and a continuum of Nash equilibria. We show that it then selects a unique Nash equilibrium, in agreement with some recent experimental findings.

  • 229.
    Andersson, Ola
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Campos-Mercade, Pol
    Univ Copenhagen, DK-1353 Copenhagen, Denmark..
    Carlsson, Fredrik
    Univ Gothenburg, SE-40540 Gothenburg, Sweden..
    Schneider, Florian H.
    Univ Zurich, CH-8005 Zurich, Switzerland..
    Wengstrom, Erik
    Lund Univ, SE-22007 Lund, Sweden..
    The impact of stay-at-home policies on individual welfare2022In: Scandinavian Journal of Economics, ISSN 0347-0520, E-ISSN 1467-9442, Vol. 124, no 2, p. 340-362Article in journal (Refereed)
    Abstract [en]

    In this paper, we perform a choice experiment assessing the impact of stay-at-home policies on individual welfare. We estimate the willingness to accept compensation (WTA) for restricting non-working hours in Sweden during the COVID-19 pandemic. The WTA for a one-month stay-at-home policy is about US$480 per person, or 9.1 percent of Sweden's monthly per capita GDP. Stricter lockdowns require disproportionately higher compensation than more lenient ones, indicating that strict policies are cost-effective only if they are much more successful in slowing the spread of the disease. Moreover, older people have a higher WTA of staying home than the rest of the population.

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  • 230.
    Andersson, Ola
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics, Uppsala Center for Fiscal Studies. Res Inst Ind Econ, Stockholm, Sweden..
    Campos-Mercade, Pol
    Univ Copenhagen, Dept Econ, Copenhagen, Denmark..
    Meier, Armando N.
    Univ Lausanne, Unisante, Lausanne, Switzerland.;Univ Basel, Fac Business & Econ, Basel, Switzerland..
    Wengström, Erik
    Lund Univ, Dept Econ, Lund, Sweden.;Hanken Sch Econ, Dept Finance & Econ, Helsinki, Finland..
    Anticipation of COVID-19 vaccines reduces willingness to socially distance2021In: Journal of Health Economics, ISSN 0167-6296, E-ISSN 1879-1646, Vol. 80, article id 102530Article in journal (Refereed)
    Abstract [en]

    We investigate how the anticipation of COVID-19 vaccines affects voluntary social distancing. In a large-scale preregistered survey experiment with a representative sample, we study whether providing information about the safety, effectiveness, and availability of COVID-19 vaccines affects the willingness to comply with public health guidelines. We find that vaccine information reduces peoples' voluntary social distancing, adherence to hygiene guidelines, and their willingness to stay at home. Getting positive information on COVID-19 vaccines induces people to believe in a swifter return to normal life. The results indicate an important behavioral drawback of successful vaccine development: An increased focus on vaccines can lower compliance with public health guidelines and accelerate the spread of infectious disease. The results imply that, as vaccinations roll out and the end of a pandemic feels closer, policies aimed at increasing social distancing will be less effective, and stricter policies might be required.

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  • 231.
    Andersson, Ola
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics. Institutet för Näringslivsforskning.
    Campos-Mercade, Pol
    Köpenhamns universitet.
    Wengström, Erik
    Lunds universitet; Svenska Handelshögskolan i Helsingfors.
    Attityder och beteenden under covid-19-pandemin2021In: Ekonomisk Debatt, ISSN 0345-2646, Vol. 49, no 6, p. 5-18Article in journal (Other (popular science, discussion, etc.))
    Abstract [sv]

    Sverige valde en annan väg under pandemin. Men vad tyckte egentligen svenskarna om strategin och hur utvecklades synen på strategin över tiden? Vad kännetecknar de som fann de svenska åtgärderna tillräckliga och de som ansåg dem otillräckliga? Vi presentar en kartläggning av attityder, oro och beteenden och hur de relaterar till sociodemografiska variabler, preferenser och politiska attityder. Den svenska pandemihanteringen har starkare stöd bland de med hög tillit, de som står till vänster politiskt, samt de med hög tolerans för hälsorisker. Följsamheten till restriktioner varierar med risktolerans och tillit, men också med individens grad av tålmodighet och altruism. 

  • 232.
    Andersson, Ola
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Galizzi, Matteo M.
    Hoppe, Tim
    Kranz, Sebastian
    der Wiel, Karen van
    Wengström, Erik
    Persuasion in experimental ultimatum games2010In: Economics Letters, ISSN 0165-1765, E-ISSN 1873-7374, Vol. 108, no 1, p. 16-18Article in journal (Refereed)
    Abstract [en]

    We study persuasion effects in experimental ultimatum games and find that Proposers' payoffs significantly increase if, along with offers, they can send messages which Responders read before deciding. Higher payoffs are driven by both lower offers and higher acceptance rates.

  • 233.
    Andersson, Ola
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Holm, Hakan
    Speech Is Silver, Silence Is Golden2013In: Games, E-ISSN 2073-4336, Vol. 4, no 3, p. 497-507Article in journal (Refereed)
    Abstract [en]

    This paper experimentally investigates free-riding behavior on communication cost in a coordination game and finds strong indications of such free-riding. Firstly,the subjects wait for others to send a message when communication is costly, which does not happen when communication is costless. Secondly, the proportion of games where no communication or one-way communication takes place is much higher whencommunication is costly compared to when it is free.

  • 234.
    Andersson, Ola
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics. Res Inst Ind Econ, Stockholm, Sweden..
    Holm, Hakan J.
    Lund Univ, SE-22007 Lund, Sweden..
    Tyran, Jean-Robert
    Univ Vienna, A-1090 Vienna, Austria.;Univ Copenhagen, Copenhagen, Denmark..
    Wengstroem, Erik
    Lund Univ, SE-22007 Lund, Sweden..
    Risking Other People's Money: Experimental Evidence on the Role of Incentives and Personality Traits2020In: Scandinavian Journal of Economics, ISSN 0347-0520, E-ISSN 1467-9442, Vol. 122, no 2, p. 648-674Article in journal (Refereed)
    Abstract [en]

    Decision-makers often face incentives to increase risk-taking on behalf of others (e.g., they are offered bonus contracts and contracts based on relative performance). We conduct an experimental study of risk-taking on behalf of others using a large heterogeneous sample, and we find that people respond to such incentives without much apparent concern for stakeholders. Responses are heterogeneous and mitigated by personality traits. The findings suggest that a lack of concern for others' risk exposure hardly requires "financial psychopaths" in order to flourish, but it is diminished by social concerns.

  • 235.
    Andersson, Ola
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics, Uppsala Center for Fiscal Studies. Res Inst Ind Econ, Stockholm, Sweden..
    Holm, Hakan J.
    Lund Univ, Dept Econ, Box 7082, S-22007 Lund, Sweden..
    Tyran, Jean-Robert
    Univ Vienna, Oskar Morgenstern Pl 1, A-1090 Vienna, Austria.;Univ Copenhagen, Copenhagen, Denmark..
    Wengstrom, Erik
    Lund Univ, Dept Econ, Box 7082, S-22007 Lund, Sweden.;Hanken Sch Econ, Dept Finance & Econ, Helsinki, Finland..
    Robust inference in risk elicitation tasks2020In: Journal of Risk and Uncertainty, ISSN 0895-5646, E-ISSN 1573-0476, Vol. 61, no 3, p. 195-209Article in journal (Refereed)
    Abstract [en]

    Recent experimental evidence suggests that noisy behavior correlates strongly with personal characteristics. Since decision noise leads to bias in most elicitation tasks, there is a risk of falsely interpreting noise-driven relationships as preference driven. This puts previous studies that found a negative relation between personality measures and risk aversion into perspective and in particular raises the question of how to achieve robust inference in this domain. This paper shows, by way of an economic experiment with subjects from all walks of life, that using structural estimation to model heterogeneity of noise in combination with a balanced design allows us to mitigate the bias problem. Our estimations show that cognitive ability is related to noisy behavior rather than risk preferences. We also find age and education to be strongly related to noise, but the personality characteristics obtained using the Big Five inventory are less related to noise and more robustly correlated to risk preferences.

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  • 236.
    Andersson, Ola
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Holm, Håkan J.
    Endogenous communication and tacit coordination in market entry games2010In: International Journal of Industrial Organization, ISSN 0167-7187, E-ISSN 1873-7986, Vol. 28, no 5, p. 477-495Article in journal (Refereed)
    Abstract [en]

    This paper explores the effects of communication in market entry games experimentally. It is shown that communication increases coordination success substantially and generate inferior outcomes for consumers when market entry costs are symmetric. Such effects are not observed when costs are asymmetric, since asymmetries provide a tacit coordination cue used by experienced players (as a substitute to communication). It is also shown that although communication is used both to achieve market domination equilibria and cooperative market separating equilibria, the latter type of communication is much more common and successful.

  • 237.
    Andersson, Ola
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Holm, Håkan J.
    Tyran, Jean-Robert
    Wengström, Erik
    Deciding for Others Reduces Loss Aversion2014In: Management science, ISSN 0025-1909, E-ISSN 1526-5501, Vol. 62, p. 272-288Article in journal (Refereed)
    Abstract [en]

    We study risk taking on behalf of others, both when choices involve losses and when they do not. A large-scale incentivized experiment with subjects randomly drawn from the Danish population is conducted. We find that deciding for others reduces loss aversion. When choosing between risky prospects for which losses are ruled out by design, subjects make the same choices for themselves as for others. In contrast, when losses are possible, we find that the two types of choices differ. In particular, we find that subjects who make choices for themselves take less risk than those who decide for others when losses loom. This finding is consistent with an interpretation of loss aversion as a bias in decision making driven by emotions and that these emotions are reduced when making decisions for others.

  • 238.
    Andersson, Ola
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Holm, Håkan J.
    Lund University and University of Copenhagen.
    Tyran, Jean-Robert
    University of Vienna and University of Copenhagen.
    Wengström, Erik
    Lund University and University of Copenhagen.
    RISK AVERSION RELATES TO COGNITIVE ABILITY: PREFERENCES OR NOISE?2016In: Journal of the European Economic Association, ISSN 1542-4766, E-ISSN 1542-4774, Vol. 14, p. 1129-1154Article in journal (Refereed)
    Abstract [en]

    Recent experimental studies suggest that risk aversion is negatively related to cognitive ability. In this paper we report evidence that this relation may be spurious. We recruit a large subject pool drawn from the general Danish population for our experiment. By presenting subjects with choice tasks that vary the bias induced by random choices, we are able to generate both negative and positive correlations between risk aversion and cognitive ability. Our results suggest that cognitive ability is related to random decision making rather than to risk preferences.

  • 239.
    Andersson, Ola
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics. Res Inst Ind Econ, S-75236 Uppsala, Sweden.
    Holm, Håkan J.
    Lund Univ, Dept Econ, S-22007 Lund, Sweden.
    Wengström, Erik
    Lund Univ, Dept Econ, S-22007 Lund, Sweden.
    Grind or Gamble?: An Experiment on Effort and Spread Seeking in Contests2020In: Economic Inquiry, ISSN 0095-2583, E-ISSN 1465-7295, Vol. 58, no 1, p. 169-183Article in journal (Refereed)
    Abstract [en]

    We conduct a contest experiment to study if spread seeking and effort can be managed when participants can invest in increasing both the mean and the spread of an uncertain performance variable. Subjects are treated with different prize schemes and in accordance with theory, we observe higher investments in spread for the winner-take-all scheme. Both types of investments can be controlled with a three-level prize scheme. However, the control management is imperfect and behavior is characterized by inertia. We also explore the correlation between effort and spread across subjects and find that is robustly positive.

  • 240.
    Andersson, Ola
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics. Research Institute of Industrial Economics, Sweden.
    Ingebretsen Carlson, Jim
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Wengström, Erik
    Lund University, Sweden & Hanken School of Economics, Finland.
    Differences Attract: An Experimental Study of Focusing in Economic Choice2021In: Economic Journal, ISSN 0013-0133, E-ISSN 1468-0297, Vol. 131, no 639, p. 2671-2692Article in journal (Refereed)
    Abstract [en]

    Several behavioural models of choice assume that decision makers place more weight on attributes where options differ more, an assumption we test in a set of experiments. We find that subjects are more likely to choose an option when we add options increasing the maximal difference in the original option’s strongest attribute, suggesting that the decision maker’s focus is drawn to attributes with a high spread. Additional experiments corroborate this finding. Still, we document that the focusing effect diminishes when options are presented using numbers instead of graphs or when subjects are forced to wait before submitting their answers.

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  • 241.
    Andersson, Ola
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Miettinen, Topi
    Hytönen, Kaisa
    Johannesson, Magnus
    Stephan, Ute
    Subliminal influence on generosity2016In: Experimental Economics, ISSN 1386-4157, E-ISSN 1573-6938, Vol. 20, no 3, p. 531-555Article in journal (Refereed)
    Abstract [en]

    We experimentally subliminally prime subjects prior to charity donation decisions by showing words that have connotations of pro-social values for a very brief time (17 ms). Our main finding is that, compared to a baseline condition, the pro-social prime increases donations by approximately 10–17 % among subjects with strong pro-social preferences (universalism values). We find a similar effect when interacting the prime with the Big 5 personality characteristic of agreeableness. We furthermore introduce a novel method for testing for priming, “subliminity”. This method reveals that some subjects are capable of recognizing prime words, and the overall results are weaker when we control for this capacity. 

  • 242.
    Andersson, Ola
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics, Uppsala Center for Fiscal Studies. Res Inst Ind Econ, SE-75121 Uppsala, Sweden..
    Nelander, Lif
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics, Uppsala Center for Fiscal Studies. WSP, SE-12188 Stockholm, Sweden..
    Nudge the Lunch: A Field Experiment Testing Menu-Primacy Effects on Lunch Choices2021In: Games, E-ISSN 2073-4336, Vol. 12, no 1, article id 2Article in journal (Refereed)
    Abstract [en]

    By way of a field experiment conducted at a university cafeteria this paper finds that placing a vegetarian option instead of a meat option at the top of a menu decreases the share of meat dishes sold by 11%. This translates to a 6% decrease of daily emissions due to food sales. Using data on payment method, we find that the result is most likely driven by non-students responding to the nudge.

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  • 243.
    Andersson, Ola
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Wengström, Erik
    A note on renegotiation in repeated Bertrand duopolies2007In: Economics Letters, ISSN 0165-1765, E-ISSN 1873-7374, Vol. 95, no 3, p. 398-401Article in journal (Refereed)
    Abstract [en]

    Weak Renegotiation-Proofness (WRP) singles out marginal cost pricing as a unique pure-strategy equilibrium of the infinitely repeated Bertrand duopoly. We show that, with a discrete strategy space, WRP does not eliminate any relevant subgame perfect equilibrium outcome.

  • 244.
    Andersson, Ola
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Wengström, Erik
    Lund University and University of Copenhagen,.
    Costly Renegotiation in Repeated Bertrand Games2010In: The B.E. Journal of Theoretical Economics, ISSN 2194-6124, E-ISSN 1935-1704, Vol. 10, no 1Article in journal (Refereed)
    Abstract [en]

    This paper extends the concept of weak renegotiation-proof equilibrium (WRP) to allow for costly renegotiation and shows that even small renegotiation costs can have dramatic effects on the set of equilibria. More specifically, the paper analyzes the infinitely repeated Bertrand game. It is shown that for every level of renegotiation cost, there exists a discount factor such that any collusive profit can be supported as an equilibrium outcome. Hence, any arbitrary small renegotiation cost will suffice to facilitate collusive outcomes for sufficiently patient firms. This result stands in stark contrast to the unique pure strategy WRP equilibrium without renegotiation costs, which implies marginal-cost pricing in every period. Moreover, in comparison to the findings of McCutcheon (1997), who states that renegotiation costs have to be substantial to facilitate collusion, this result points to a quite different conclusion.

  • 245.
    Andersson, Ola
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Wengström, Erik
    Credible communication and cooperation: Experimental evidence from multi-stage Games2012In: Journal of Economic Behavior and Organization, ISSN 0167-2681, E-ISSN 1879-1751, Vol. 81, no 1, p. 207-219Article in journal (Refereed)
    Abstract [en]

    It is well known that communication often serves as a facilitator for cooperation in static games. Yet, communication can serve entirely different purposes in dynamic settings as communication during the game may work as a means for renegotiation, potentially undermining the credibility of cooperative strategies. To explore this issue, this paper experimentally investigates cooperation and non-binding communication in a two-stage game. More specifically, two treatments are considered: one with only pre-play communication and one where subjects can also communicate intra-play between the stages of the game. The results highlight a nontrivial difference concerning the effects of pre-play communication between the two treatments. Sending or receiving pre-play messages has a positive and significant effect on cooperation if there is no possibility of intra-play communication. However, this effect is significantly reduced when when intra-play communication is allowed. The results suggest that the credibility of pre-play messages may depend crucially on future communication opportunities.

  • 246.
    Andersson, Ola
    et al.
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Wengström, Erik
    Do Antitrust Laws Facilitate Collusion? Experimental Evidence on Costly Communication in Duopolies2007In: Scandinavian Journal of Economics, ISSN 0347-0520, E-ISSN 1467-9442, Vol. 109, no 2, p. 321-339Article in journal (Refereed)
    Abstract [en]

    Bertrand supergames with non-binding communication are used to study price formation and stability of collusive agreements on experimental duopoly markets. The experimental design consists of three treatments with different costs of communication: zero-cost, low-cost and high-cost. Prices are found to be significantly higher when communication is costly. Moreover, costly communication decreases the number of messages, but more importantly, it enhances the stability of collusive agreements. McCutcheon (1997) presents an interesting application to antitrust policy by letting the cost of communication symbolize the presence of an antitrust law that prohibits firms from discussing prices. Although our experimental results do not support the mechanism of McCutcheon's (1997) argument, the findings point in the direction of her prediction that antitrust laws might work in the interest of firms.

  • 247.
    Andersson, Oliver
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Utländskt kapital i Afrika: En regressionsstudie över drivande faktorer av utländska direktinvesteringar i Subsahariska Afrika.2015Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
    Abstract [sv]

    Subsahariska Afrika (SSA) lider av väldigt låg ekonomisk utveckling, utländska direktinvesteringar (FDI) tillför kapital och kunskap för att ändra detta. Uppsatsen undersöker genom en regressionsanalys 10 faktorers attraktionskraft på FDI i SSA. Naturresurser verkar vara den mest attraherande faktorn som i vissa fall verkar kunna överväga övriga hinder till FDI. Uppsatsen ger stöd för att handel korrelerar positivt med FDI när det är en resurssökande investerare av vertikal karaktär medans det för marknadssökande investerare snarare skulle kunna ha en negativ korrelation. Uppsatsen ger också stöd till att instabil makroekonomi avskräcker investerare och att marknadsstorleken positivt påverkar FDI i SSA.

  • 248.
    Andersson, Oscar
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    The Internal Rates of Return to Tertiary education for Swedish born males and females in 2005: With and without taxes, with respect to the current earned income tax credit.2013Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
    Abstract [en]

    Combining the mincer equation with economic theories and prior studies has enabled the essay to shed additional light of the profitability to invest in four years of academic studies, which has been collected through a well-representative database of the Swedish population: LINDA1. The results show that the internal rate of a tertiary degree equivalent to four years in 2005 witnessed a rise when taxes are included compared to without taxes. It also indicates that the current earned income tax credit decreases the rate levels. By referring to prior studies the main conclusion could be drawn toward an accelerated demand for higher educated individuals.

  • 249.
    Andersson, Oskar
    et al.
    Uppsala University, Humanistisk-samhällsvetenskapliga vetenskapsområdet, Faculty of Social Sciences, Department of Economics.
    Carlsson, Christoffer
    Uppsala University, Humanistisk-samhällsvetenskapliga vetenskapsområdet, Faculty of Social Sciences, Department of Economics.
    Är utbildning lönsamt?: En komparativ studie mellan män och kvinnors avkastning på vidareutbildning2008Independent thesis Basic level (degree of Bachelor), 10 credits / 15 HE creditsStudent thesis
    Abstract [sv]

    På bara några decennier har kravet på utbildning vuxit markant och därmed också antalet universitetsstuderande. Syftet med denna uppsats har varit att undersöka huruvida det lönar sig att vidareutbilda sig på universitetsnivå och i vilken utsträckning det finns skillnader för män respektive kvinnor inom en mans och en kvinnodominerad utbildning. Fyra regressioner har genomförts. Därefter har en jämförelse skett mellan de olika livsinkomsternas nuvärden. Livsinkomsten har räknats fram genom att subtrahera nuvärdet av alternativkostnaderna från nuvärdet av livsinkomsterna. Vi har funnit att man gör en avkastning på att utbilda sig samt att det finns påtagliga skillnader mellan män och kvinnor både inom den mans- och den kvinnodominerade utbildningen.

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  • 250.
    Andersson, Per
    Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
    Decreaseing turnout - a blessing or a curse?2010Independent thesis Advanced level (degree of Master (One Year)), 10 credits / 15 HE creditsStudent thesis
    Abstract [en]

    This essay presents empirical tests of one of the conclusions from Bryan Caplan's 2007 book The Myth of the Rational Voter. Caplan claims that voters suffer from systematic biases about economic policy that through elections affects economic policy negatively. I derive three hypotheses from Caplan's theory and test them on a cross-country panel of 19 countries covering the time 1973 to 2009. The hypotheses stipulate that increased turnout lead to lower economic freedom, lower levels of foreign aid and higher inflation. After controlling for country specific effects turnout does not seem to have the effect stipulated in the three hypotheses.

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    Decreasing turnout - a blessing or a curse?
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