New Economics Papers
on Neuroeconomics
Issue of 2013‒03‒02
two papers chosen by



  1. Time Horizon and Cooperation in Continuous Time By Bigoni, Maria; Casari, Marco; Skrzypacz, Andrzej; Spagnolo, Giancarlo
  2. Do Parental Involvement Laws Deter Risky Teen Sex? By Silvie Colman; Thomas S. Dee; Theodore J. Joyce

  1. By: Bigoni, Maria (University of Bologna); Casari, Marco (University of Bologna); Skrzypacz, Andrzej (Stanford University); Spagnolo, Giancarlo (SITE, Stockholm School of Economics and University of Rome "Tor Vergata")
    Abstract: When subjects interact in continuous time, their ability to cooperate may dramatically increase. In an experiment, we study the impact of different time horizons on cooperation in (quasi) continuous time prisoner's dilemmas. We find that cooperation levels are similar or higher when the horizon is deterministic rather than stochastic. Moreover, a deterministic duration generates different aggregate patterns and individual strategies than a stochastic one. For instance, under a deterministic horizon subjects show high initial cooperation and a strong end-of-period reversal to defection. Moreover, they do not learn to apply backward induction but to postpone defection closer to the end.
    JEL: C72 C73 C91 C92 D74
    Date: 2013–02
    URL: http://d.repec.org/n?u=RePEc:ecl:stabus:2088r&r=neu
  2. By: Silvie Colman; Thomas S. Dee; Theodore J. Joyce
    Abstract: Parental involvement (PI) laws require that physicians notify or obtain consent from a parent(s) of a minor seeking an abortion before performing the procedure. Several studies suggest that PI laws curb risky sexual behavior because teens realize that they would be compelled to discuss a subsequent pregnancy with a parent. We show that prior evidence based on gonorrhea rates overlooked the frequent under-reporting of gonorrhea by race and ethnicity, and present new evidence on the effects of PI laws using more current data on the prevalence of gonorrhea and data that are novel to this literature (i.e., chlamydia rates and data disaggregated by year of age). We improve the credibility of our estimates over those in the existing literature using an event-study design in addition to standard difference-in-difference-in-differences (DDD) models. Our findings consistently suggest no association between PI laws and rates of sexually transmitted infections or measures of sexual behavior.
    JEL: I18
    Date: 2013–02
    URL: http://d.repec.org/n?u=RePEc:nbr:nberwo:18810&r=neu

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