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Everyday Decision Making: A Theoretical and Empirical Study

dc.contributor.advisorSchwager, Robert Prof. Dr.
dc.contributor.authorDanilowicz-Gösele, Kamila
dc.titleEveryday Decision Making: A Theoretical and Empirical Studyde
dc.contributor.refereeSchwager, Robert Prof. Dr.
dc.description.abstractengThe thesis „Everyday Decision Making: A Theoretical and Empirical Study“ analyzes the individuals' decision-making and the role of institutions in creating incentives and influencing individuals' choices. The first part is descriptive and theoretical and deeply rooted in behavioral public economics. It aims at understanding how people make decisions and the factors that affect their decision-making process. Therefore, Chapter 2 provides a critical discussion on the validity of the neoclassical rationality paradigm as a normative standard and discusses the need of the alternative, behavioral approach to bounded irrationality. Chapter 3 examines individuals' behavior regarding healthy good consumption by conducting a theoretical analysis of government's intervention in the decision-making of individuals with self-control problems. The second part of this thesis provides an empirical analysis of higher education and is at the heart of research in economics of education. It focuses on the interaction between individuals' characteristics and choices that determine their performance within a given institutional framework, namely university. Chapter 4 examines individual and institutional factors, e.g. the high school leaving grade or the chosen field of study, as determinants of students' academic performance at university. Chapter 5 empirically analyzes professors' effect from a fundamental first-year course in Economics on students' later performance in follow-on courses. It focuses on the differences in grading policies between different professors assigned to the same mandatory
dc.contributor.coRefereeBaskaran, Thushyanthan Prof. Dr.
dc.subject.engbehavioral economicsde
dc.subject.engtime-inconsistent preferencesde
dc.subject.engself-control problemsde
dc.subject.engacademic performancede
dc.subject.enghigher educationde
dc.subject.enggrade point averagede
dc.subject.engprofessor's effectde
dc.subject.enggrade inflationde
dc.subject.engbounded rationalityde
dc.affiliation.instituteWirtschaftswissenschaftliche Fakultätde
dc.subject.gokfullWirtschaftswissenschaften (PPN621567140)de

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