Analysis of hand kinematics reveals inter-individual differences in intertemporal decision dynamics

During intertemporal decisions, the preference for smaller, sooner reward over larger-delayed rewards (temporal discounting, TD) exhibits substantial inter-subject variability; however, it is currently unclear what are the mechanisms underlying this apparently idiosyncratic behavior. To answer this question, here we recorded and analyzed mouse movement kinematics during intertemporal choices in a large sample of participants (N = 86). Results revealed a specific pattern of decision dynamics associated with the selection of “immediate” versus “delayed” response alternatives, which well discriminated between a “discounter” versus a “farsighted” behavior—thus representing a reliable behavioral marker of TD preferences. By fitting the Drift Diffusion Model to the data, we showed that differences between discounter and farsighted subjects could be explained in terms of different model parameterizations, corresponding to the use of different choice mechanisms in the two groups. While farsighted subjects were biased toward the “delayed” option, discounter subjects were not correspondingly biased toward the “immediate” option. Rather, as shown by the dynamics of evidence accumulation over time, their behavior was characterized by high choice uncertainty.

Bargaining for power and information : an experimental and theoretical analysis of the interaction between institutions, externalities and adverse selection

Bargaining is the building block of many economic interactions, ranging from bilateral to multilateral encounters and from situations in which the actors are individuals to negotiations between firms or countries. In all these settings, economists have been intrigued for a long time by the fact that some projects, trades or agreements are not realized even though they are mutually beneficial. On the one hand, this has been explained by incomplete information. A firm may not be willing to offer a wage that is acceptable to a qualified worker, because it knows that there are also unqualified workers and cannot distinguish between the two types. This phenomenon is known as adverse selection. On the other hand, it has been argued that even with complete information, the presence of externalities may impede efficient outcomes. To see this, consider the example of climate change. If a subset of countries agrees to curb emissions, non-participant regions benefit from the signatories’ efforts without incurring costs. These free riding opportunities give rise to incentives to strategically improve ones bargaining power that work against the formation of a global agreement. This thesis is concerned with extending our understanding of both factors, adverse selection and externalities. The findings are based on empirical evidence from original laboratory experiments as well as game theoretic modeling. On a very general note, it is demonstrated that the institutions through which agents interact matter to a large extent. Insights are provided about which institutions we should expect to perform better than others, at least in terms of aggregate welfare. Chapters 1 and 2 focus on the problem of adverse selection. Effective operation of markets and other institutions often depends on good information transmission properties. In terms of the example introduced above, a firm is only willing to offer high wages if it receives enough positive signals about the worker’s quality during the application and wage bargaining process. In Chapter 1, it will be shown that repeated interaction coupled with time costs facilitates information transmission. By making the wage bargaining process costly for the worker, the firm is able to obtain more accurate information about the worker’s type. The cost could be pure time cost from delaying agreement or cost of effort arising from a multi-step interviewing process. In Chapter 2, I abstract from time cost and show that communication can play a similar role. The simple fact that a worker states to be of high quality may be informative. In Chapter 3, the focus is on a different source of inefficiency. Agents strive for bargaining power and thus may be motivated by incentives that are at odds with the socially efficient outcome. I have already mentioned the example of climate change. Other examples are coalitions within committees that are formed to secure voting power to block outcomes or groups that commit to different technological standards although a single standard would be optimal (e.g. the format war between HD and BlueRay). It will be shown that such inefficiencies are directly linked to the presence of externalities and a certain degree of irreversibility in actions. I now discuss the three articles in more detail. In Chapter 1, Olivier Bochet and I study a simple bilateral bargaining institution that eliminates trade failures arising from incomplete information. In this setting, a buyer makes offers to a seller in order to acquire a good. Whenever an offer is rejected by the seller, the buyer may submit a further offer. Bargaining is costly, because both parties suffer a (small) time cost after any rejection. The difficulties arise, because the good can be of low or high quality and the quality of the good is only known to the seller. Indeed, without the possibility to make repeated offers, it is too risky for the buyer to offer prices that allow for trade of high quality goods. When allowing for repeated offers, however, at equilibrium both types of goods trade with probability one. We provide an experimental test of these predictions. Buyers gather information about sellers using specific price offers and rates of trade are high, much as the model’s qualitative predictions. We also observe a persistent over-delay before trade occurs, and this mitigates efficiency substantially. Possible channels for over-delay are identified in the form of two behavioral assumptions missing from the standard model, loss aversion (buyers) and haggling (sellers), which reconcile the data with the theoretical predictions. Chapter 2 also studies adverse selection, but interaction between buyers and sellers now takes place within a market rather than isolated pairs. Remarkably, in a market it suffices to let agents communicate in a very simple manner to mitigate trade failures. The key insight is that better informed agents (sellers) are willing to truthfully reveal their private information, because by doing so they are able to reduce search frictions and attract more buyers. Behavior observed in the experimental sessions closely follows the theoretical predictions. As a consequence, costless and non-binding communication (cheap talk) significantly raises rates of trade and welfare. Previous experiments have documented that cheap talk alleviates inefficiencies due to asymmetric information. These findings are explained by pro-social preferences and lie aversion. I use appropriate control treatments to show that such consideration play only a minor role in our market. Instead, the experiment highlights the ability to organize markets as a new channel through which communication can facilitate trade in the presence of private information. In Chapter 3, I theoretically explore coalition formation via multilateral bargaining under complete information. The environment studied is extremely rich in the sense that the model allows for all kinds of externalities. This is achieved by using so-called partition functions, which pin down a coalitional worth for each possible coalition in each possible coalition structure. It is found that although binding agreements can be written, efficiency is not guaranteed, because the negotiation process is inherently non-cooperative. The prospects of cooperation are shown to crucially depend on i) the degree to which players can renegotiate and gradually build up agreements and ii) the absence of a certain type of externalities that can loosely be described as incentives to free ride. Moreover, the willingness to concede bargaining power is identified as a novel reason for gradualism. Another key contribution of the study is that it identifies a strong connection between the Core, one of the most important concepts in cooperative game theory, and the set of environments for which efficiency is attained even without renegotiation.

How parties justified the 2014 EP election debate. A comparative analysis in six EU countries

On the role of parties as important channels for people to voice their preferences there is a sound consensus in the literature. Traditional socio-economic concerns have been more and more displaced by culturally fought issues such as immigration and European integration. Scholarly works, however, have paid less attention how, if at all, parties combine different cultural issues. The primary aim of the analysis is to investigate if and under which conditions parties link immigration and European integration issues to address the growing discontent in the population with these issues. Our expectation is that parties endorse different strategies depending on the party competition, in particular the presence of a populist challenger. The analysis is based on a quantitative content analysis of press releases and newspapers articles published in the 12 weeks preceding the 2014 EP election in five European countries (Austria, Germany, Greece, the Netherlands and the United Kingdom).

Interrelationships between the structural and functional aspects of social relationships, comorbidity and health related quality of life in breast cancer survivors

It is widely acknowledged in theoretical and empirical literature that social relationships, comprising of structural measures (social networks) and functional measures (perceived social support) have an undeniable effect on health outcomes. However, the actual mechanism of this effect has yet to be clearly understood or explicated. In addition, comorbidity is found to adversely affect social relationships and health related quality of life (a valued outcome measure in cancer patients and survivors). ^ This cross sectional study uses selected baseline data (N=3088) from the Women's Healthy Eating and Living (WHEL) study. Lisrel 8.72 was used for the latent variable structural equation modeling. Due to the ordinal nature of the data, Weighted Least Squares (WLS) method of estimation using Asymptotic Distribution Free covariance matrices was chosen for this analysis. The primary exogenous predictor variables are Social Networks and Comorbidity; Perceived Social Support is the endogenous predictor variable. Three dimensions of HRQoL, physical, mental and satisfaction with current quality of life were the outcome variables. ^ This study hypothesizes and tests the mechanism and pathways between comorbidity, social relationships and HRQoL using latent variable structural equation modeling. After testing the measurement models of social networks and perceived social support, a structural model hypothesizing associations between the latent exogenous and endogenous variables was tested. The results of the study after listwise deletion (N=2131) mostly confirmed the hypothesized relationships (TLI, CFI >0.95, RMSEA = 0.05, p=0.15). Comorbidity was adversely associated with all three HRQoL outcomes. Strong ties were negatively associated with perceived social support; social network had a strong positive association with perceived social support, which served as a mediator between social networks and HRQoL. Mental health quality of life was the most adversely affected by the predictor variables. ^ This study is a preliminary look at the integration of structural and functional measures of social relationships, comorbidity and three HRQoL indicators using LVSEM. Developing stronger social networks and forming supportive relationships is beneficial for health outcomes such as HRQoL of cancer survivors. Thus, the medical community treating cancer survivors as well as the survivor's social networks need to be informed and cognizant of these possible relationships. ^

Las bibliotecas públicas como instituciones de integración social : Un estudio de caso en la Biblioteca Pública La Peña de BibloRed, en Bogotá (Colombia)

La investigación se propuso abordar cómo las bibliotecas públicas en contextos populares pueden agenciar procesos de subjetividad colectiva a partir de sus servicios bibliotecarios. Se plantea un análisis sobre estas bibliotecas como agencias de construcción de la esfera pública, mediante un estudio de caso en una biblioteca pública-popular en Bogotá, Colombia. Se propone inicialmente ilustrar cómo ha sido la forma en que la bibliotecología ha abordado la pregunta sobre ¿Qué es una biblioteca pública y cuál es su papel social y político?, identificando las razones por las que consideramos que se hacen necesarias indagaciones desde las ciencias sociales. Luego, haciendo un repaso sobre las teorías de la subjetividad y la subjetividad colectiva, se construye alrededor de la categoría de subjetividad colectiva un instrumento para la indagación de corte cualitativo, que permite explorar en las narrativas subjetivas de los usuarios, elementos para describir procesos agenciados desde la biblioteca pública escogida. Por último, se presentan las consideraciones finales sobre las bibliotecas públicas como agencias de procesos socioculturales que intervienen como escenarios de formación y participación

Del Estado en singular al Estado en plural : Contribución para una historia social de las agencias estatales en la Argentina

En los últimos años, la producción académica en ciencias sociales en la Argentina ha desplegado nuevas perspectivas teóricas y metodológicas, destacando dimensiones sociales escasamente atendidas por los trabajos preexistentes que analizaron la historia del Estado. Particularmente, cobraron vigor aproximaciones preocupadas por comprender las historicidades específicas de los proyectos institucionales de las agencias estatales (en plural), evitando considerar al Estado (en singular) únicamente como una categoría sociológica con pretensiones de totalidad social homogénea. En este trabajo argumentamos que estos novedosos análisis constituyen una renovación que permiten configurar un mapa del Estado en el que se identifica una diversidad de instituciones, actores, lógicas y prácticas sociales. Se trata de un buen punto de partida para el estudio de la génesis y el desarrollo de los procesos de diferenciación y especialización de las agencias estatales y sus cuerpos de funcionarios. Se ilustra el análisis mediante la trayectoria institucional del Departamento Nacional del Trabajo entre los años 1907 y 1930

Territorio y prospección social : Un aporte para el análisis de la evolución de la sociabilidad urbana en Argentina

En este artículo se postula que la geografía posee una cierta capacidad para establecer marcos analíticos que sirven a la prospectiva en ciencias sociales. Para ello se acude a las posibilidades del análisis multiescalar como instrumento que, partiendo de los procesos territoriales estudiados a diferentes escalas, da cuenta también de los diferentes tempos que los afectan. Esas distintas temporalidades, al conjugarse en determinados espacios, ponen condiciones a los desarrollos futuros que son de interés para el análisis sociológico. Las actuales condiciones en que se desarrolla la sociedad urbana argentina son analizadas desde esta perspectiva.

Las bibliotecas públicas como instituciones de integración social : Un estudio de caso en la Biblioteca Pública La Peña de BibloRed, en Bogotá (Colombia)

La investigación se propuso abordar cómo las bibliotecas públicas en contextos populares pueden agenciar procesos de subjetividad colectiva a partir de sus servicios bibliotecarios. Se plantea un análisis sobre estas bibliotecas como agencias de construcción de la esfera pública, mediante un estudio de caso en una biblioteca pública-popular en Bogotá, Colombia. Se propone inicialmente ilustrar cómo ha sido la forma en que la bibliotecología ha abordado la pregunta sobre ¿Qué es una biblioteca pública y cuál es su papel social y político?, identificando las razones por las que consideramos que se hacen necesarias indagaciones desde las ciencias sociales. Luego, haciendo un repaso sobre las teorías de la subjetividad y la subjetividad colectiva, se construye alrededor de la categoría de subjetividad colectiva un instrumento para la indagación de corte cualitativo, que permite explorar en las narrativas subjetivas de los usuarios, elementos para describir procesos agenciados desde la biblioteca pública escogida. Por último, se presentan las consideraciones finales sobre las bibliotecas públicas como agencias de procesos socioculturales que intervienen como escenarios de formación y participación

Del Estado en singular al Estado en plural : Contribución para una historia social de las agencias estatales en la Argentina

En los últimos años, la producción académica en ciencias sociales en la Argentina ha desplegado nuevas perspectivas teóricas y metodológicas, destacando dimensiones sociales escasamente atendidas por los trabajos preexistentes que analizaron la historia del Estado. Particularmente, cobraron vigor aproximaciones preocupadas por comprender las historicidades específicas de los proyectos institucionales de las agencias estatales (en plural), evitando considerar al Estado (en singular) únicamente como una categoría sociológica con pretensiones de totalidad social homogénea. En este trabajo argumentamos que estos novedosos análisis constituyen una renovación que permiten configurar un mapa del Estado en el que se identifica una diversidad de instituciones, actores, lógicas y prácticas sociales. Se trata de un buen punto de partida para el estudio de la génesis y el desarrollo de los procesos de diferenciación y especialización de las agencias estatales y sus cuerpos de funcionarios. Se ilustra el análisis mediante la trayectoria institucional del Departamento Nacional del Trabajo entre los años 1907 y 1930

Territorio y prospección social : Un aporte para el análisis de la evolución de la sociabilidad urbana en Argentina

En este artículo se postula que la geografía posee una cierta capacidad para establecer marcos analíticos que sirven a la prospectiva en ciencias sociales. Para ello se acude a las posibilidades del análisis multiescalar como instrumento que, partiendo de los procesos territoriales estudiados a diferentes escalas, da cuenta también de los diferentes tempos que los afectan. Esas distintas temporalidades, al conjugarse en determinados espacios, ponen condiciones a los desarrollos futuros que son de interés para el análisis sociológico. Las actuales condiciones en que se desarrolla la sociedad urbana argentina son analizadas desde esta perspectiva.

Las bibliotecas públicas como instituciones de integración social : Un estudio de caso en la Biblioteca Pública La Peña de BibloRed, en Bogotá (Colombia)

La investigación se propuso abordar cómo las bibliotecas públicas en contextos populares pueden agenciar procesos de subjetividad colectiva a partir de sus servicios bibliotecarios. Se plantea un análisis sobre estas bibliotecas como agencias de construcción de la esfera pública, mediante un estudio de caso en una biblioteca pública-popular en Bogotá, Colombia. Se propone inicialmente ilustrar cómo ha sido la forma en que la bibliotecología ha abordado la pregunta sobre ¿Qué es una biblioteca pública y cuál es su papel social y político?, identificando las razones por las que consideramos que se hacen necesarias indagaciones desde las ciencias sociales. Luego, haciendo un repaso sobre las teorías de la subjetividad y la subjetividad colectiva, se construye alrededor de la categoría de subjetividad colectiva un instrumento para la indagación de corte cualitativo, que permite explorar en las narrativas subjetivas de los usuarios, elementos para describir procesos agenciados desde la biblioteca pública escogida. Por último, se presentan las consideraciones finales sobre las bibliotecas públicas como agencias de procesos socioculturales que intervienen como escenarios de formación y participación

Territorio y prospección social : Un aporte para el análisis de la evolución de la sociabilidad urbana en Argentina

En este artículo se postula que la geografía posee una cierta capacidad para establecer marcos analíticos que sirven a la prospectiva en ciencias sociales. Para ello se acude a las posibilidades del análisis multiescalar como instrumento que, partiendo de los procesos territoriales estudiados a diferentes escalas, da cuenta también de los diferentes tempos que los afectan. Esas distintas temporalidades, al conjugarse en determinados espacios, ponen condiciones a los desarrollos futuros que son de interés para el análisis sociológico. Las actuales condiciones en que se desarrolla la sociedad urbana argentina son analizadas desde esta perspectiva.