Now showing items 1-2 of 2

    • 'Last-place Aversion': Evidence and Redistributive Implications 

      Kuziemko, Ilyana; Buell, Ryan Williams; Reich, Taly; Norton, Michael Irwin (Oxford University Press (OUP), 2014)
      We present evidence from laboratory experiments showing that individuals are "last-place averse." Participants choose gambles with the potential to move them out of last place that they reject when randomly placed in other ...
    • Salience in Quality Disclosure: Evidence from the U.S. News College Rankings 

      Luca, Michael; Smith, Jonathan (Wiley-Blackwell, 2013)
      How do rankings affect demand? This paper investigates the impact of college rankings, and the visibility of those rankings, on students' application decisions. Using natural experiments from U.S. News and World Report ...