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on Neuroeconomics |
| By: | Giuseppe Ciccarone; Giovanni Di Bartolomeo; Valentina Peruzzi; Maria Luisa Signore |
| Abstract: | We model creativity as capital built by costly cognitive effort that complements social capital and is often accompanied by routines that economize attention and time. Higher effort costs deter entry into the creative state, while openness and trust increase the productivity of cognitive effort mainly through creative capital. Using lab-in-the-field data from an Italian music festival and a recursive bivariate probit, we find that costs depress creativity, whereas creativity strongly boosts festival collaboration, volunteering, and territorial cooperation. Consistent with a routinization perspective, the creativity–engagement link is stronger when participation occurs in more socially "structured" environments. To encourage creativity, policies should reduce cognitive frictions and improve the productivity of cognitive effort. |
| Keywords: | Creativity; cognitive effort; social capital; routinization; field experiment |
| JEL: | C93 C35 D01 Z13 O31 |
| Date: | 2026–02 |
| URL: | https://d.repec.org/n?u=RePEc:sap:wpaper:wp272 |
| By: | Ariel Kalil (Harris School of Public Policy, University of Chicago); Mauricio Koechlin (Harris School of Public Policy, University of Chicago) |
| Abstract: | Early childhood executive function (EF), the cognitive control processes underlying working memory, inhibitory control, and cognitive flexibility, is associated with later-life health and economic outcomes. Using data from Baby's First Years, a randomized trial of unconditional cash transfers to low-income mothers, we examine intergenerational EF transmission from mothers to their four-year-old children (n=769). Cash transfers do not significantly moderate this transmission in the full sample, but among low-EF mothers, where transmission is strongest, transfers attenuate the mother-child association to the point of statistical nonsignificance. Exploratory analysis suggests that increased cognitive stimulation and structured routines may mediate this process. Income support for low-income families may foster intergenerational mobility by weakening the transmission of low self-regulation. |
| Keywords: | Early Childhood, Executive Function, Unconditional Cash Transfers, Intergenerational Mobility, Poverty Policy. |
| Date: | 2026 |
| URL: | https://d.repec.org/n?u=RePEc:bfi:wpaper:2026-30 |
| By: | Gill, David (Purdue University); Rosokha, Yaroslav (Purdue University) |
| Abstract: | In this paper, we identify level-k reasoning in repeated games that operates at the level of a supergame strategy, rather than at the level of individual rounds. First, we develop a model of level-k reasoning that incorporates choices over strategies as well as beliefs about strategies chosen by others. Then, using data from the Indefinitely Repeated Prisoner's Dilemma that includes elicited strategies and beliefs about strategies, we classify a substantial fraction of subjects as level-1 or level-2. Moreover, we show that when level-k reasoning operates at the level of a strategy, cognitive ability and experience both predict higher level reasoning. |
| Keywords: | Level-k, repeated game, Prisoner’s Dilemma, strategy, beliefs, cognitive ability, experience, elicitation, bounded rationality, experiment, game theory JEL Classification: C73, D83, D91 |
| Date: | 2026 |
| URL: | https://d.repec.org/n?u=RePEc:cge:wacage:788 |
| By: | Quan-Hoang Vuong; Ni Putu Wulan Purnama Sari; Thi Mai Anh Tran; Thanh Tu Tran; Minh-Phuong Thi Duong; Viet-Phuong La; Minh-Hoang Nguyen |
| Abstract: | Childhood experiences of nature are increasingly recognized as formative for long term psychological well-being. Grounded in Granular Interaction Thinking Theory (GITT) and analyzed using the Bayesian Mindsponge Framework (BMF), this study examines whether childhood residential proximity to the coast and adult nature connectedness are associated with peace of mind during coastal visits, and whether this emotional state is linked to improved cognitive functioning. Using survey data from 1, 939 Flemish adults visiting the Belgian coast, Bayesian interaction models reveal a complex, non-linear interplay between childhood coastal proximity and nature connectedness. While both greater childhood distance from the coast and higher nature connectedness are positively associated with peace of mind, their interaction produces asymmetric effects, allowing visitors to be theoretically classified into four cognitive–affective profiles. Notably, individuals with close childhood proximity but low nature connectedness exhibit the lowest peace-of-mind outcomes, suggesting that negative or unmanaged early coastal experiences may crystallize into enduring cognitive constraints rather than confer uniform benefits. Beyond emotional restoration, peace of mind is found to be positively associated with enhanced problem-solving ability and improved capacity to organize thoughts and emotions, indicating gains in cognitive clarity. These findings challenge linear exposure-based assumptions in the human–nature–health literature and highlight the importance of life-course informational benchmarks in shaping nature-based restoration. The study underscores that access to coastal environments alone is insufficient; how individuals learn to interpret and engage with nature is crucial for its restorative potential. |
| Keywords: | coastal proximity; childhood experience; nature connectedness; peace of mind; cognitive functioning; BMF analytics; GITT-VT analytical framework |
| Date: | 2026–03–03 |
| URL: | https://d.repec.org/n?u=RePEc:sol:wpaper:2013/401277 |
| By: | Mathieu Le Moal (MRM-EPME - Montpellier Research in Management - Entrepreneuriat et PME - MRM - Montpellier Research in Management - UPVD - Université de Perpignan Via Domitia - UM - Université de Montpellier); Olivier Torrès (MRM-EPME - Montpellier Research in Management - Entrepreneuriat et PME - MRM - Montpellier Research in Management - UPVD - Université de Perpignan Via Domitia - UM - Université de Montpellier) |
| Abstract: | This longitudinal study explored links between workplace loneliness, health, sleep, working hours, and burnout among 349 small business owners in construction/public works, using four waves of telephone data (2015-2016). A fixed-effects panel regression assessed within-person changes over time.Workplace loneliness was positively associated with burnout (β = 0.28, p < .001), while mental health (β = -0.27, p < .001) and sleep duration (β = -0.17, p = .018) were negatively associated. Physical health and working hours showed no significant effects. Additional analyses revealed stronger associations between loneliness, mental health, and burnout in SMEs compared to microenterprises, where sleep had a modest protective effect. These results underscore the need to address loneliness, support mental health, and promote sleep to reduce burnout in small business owners. Interventions should be adapted to the distinct needs of microenterprises and SMEs. |
| Keywords: | Burnout, Workplace loneliness, Mental health, Sleep duration, Small business owners, Fixed-effects analysis, Longitudinal study, Entrepreneurs |
| Date: | 2026 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-05507725 |