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• Chapter | Encyclopedia of Creativity | 2020

  Consensual Assessment

  B. A. Hennessey, J. S. Mueller and Teresa M. Amabile

  Citation:

  Hennessey, B. A., J. S. Mueller, and Teresa M. Amabile. "Consensual Assessment." In Encyclopedia of Creativity. 3rd ed. Edited by Mark A. Runco and Steven R. Pritzker, 199–205. Elsevier, 2020.  View Details

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• Working Paper | 2020

  A Model of Relative Thinking

  Benjamin Bushong, Matthew Rabin and Joshua Schwartzstein

  Fixed differences loom smaller when compared to large differences. We propose a model of relative thinking where a person weighs a given change along a consumption dimension by less when it is compared to bigger changes along that dimension. In deterministic settings, the model predicts context effects such as the attraction effect, but predicts meaningful bounds on such effects driven by the intrinsic utility for the choices. In risky environments, a person is less likely to exert effort in a money-earning activity if he had expected to earn higher returns or if there is greater income uncertainty. In intertemporal consumption, relative thinking induces a tendency to overspend and for a person to act more impatient if infrequently allotted large amounts to consume than if frequently allotted a small amount to consume, or especially the greater the uncertainty in future consumption utility.

  Keywords: relative thinking; econometric models; Behavior; Cognition and Thinking;

  Citation:

  Bushong, Benjamin, Matthew Rabin, and Joshua Schwartzstein. "A Model of Relative Thinking." Working Paper, June 2020. (Revise and Resubmit, Review of Economic Studies.)  View Details

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• Article | Journal of Public Economics | January 2020

  The Impact of Mass Shootings on Gun Policy

  Michael Luca, Deepak Malhotra and Christopher Poliquin

  There have been dozens of high-profile mass shootings in recent decades. This paper presents three main findings about the impact of mass shootings on gun policy. First, mass shootings evoke large policy responses. A single mass shooting leads to a 15% increase in the number of firearm bills introduced within a state in the year after a mass shooting. This effect increases with the extent of media coverage. Second, mass shootings account for a small portion of all gun deaths but have an outsized influence relative to other homicides. Third, when looking at bills that were actually enacted into law, the impact of mass shootings depends on the party in power. The annual number of laws that loosen gun restrictions doubles in the year following a mass shooting in states with Republican-controlled legislatures. We find no significant effect of mass shootings on laws enacted when there is a Democrat-controlled legislature, nor do we find a significant effect of mass shootings on the enactment of laws that tighten gun restrictions.

  Keywords: gun violence; gun policy; Crime and Corruption; Governance; Policy; United States;

  Citation:

  Luca, Michael, Deepak Malhotra, and Christopher Poliquin. "The Impact of Mass Shootings on Gun Policy." Art. 104083. Journal of Public Economics 181 (January 2020).  View Details

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