Search Results - "Burnham, Terence C."

High-testosterone men reject low ultimatum game offers by Burnham, Terence C

“…The ultimatum game is a simple negotiation with the interesting property that people frequently reject offers of ‘free’ money. These rejections contradict the…”
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Engineering altruism: a theoretical and experimental investigation of anonymity and gift giving by Burnham, Terence C

“…Three double blind treatments of a US$ 10 dictator game are used to examine the role of anonymity and perceptions of anonymity in pro-social behavior. One…”
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The landscape of innovation in bacteria, battleships, and beyond by Burnham, Terence C., Travisano, Michael

“…We draw lessons from microbial experimental evolution and naval warfare to improve the understanding of innovation in financial markets. Major financial…”
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Ordinaries 13: apparent spite & apparent altruism by Burnham, Terence C., Phelan, Jay

“…Neoclassical economics assumes that people care only about themselves and, consequently, argues that people will not incur unrepaid costs to harm or help other…”
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Ordinaries 14: Biological economics by Burnham, Terence C., Phelan, Jay

“…The Ordinaries column began in 2019 to promote a Neo-Darwinian synthesis of neoclassical and behavioral economics. In this, the last Ordinaries article, the…”
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Ordinaries 12: Return to the Pleistocene by Burnham, Terence C., Phelan, Jay

“…Humans in the Pleistocene faced external threats to survival and reproduction. Beginning with the invention of agriculture early in the Holocene, the human…”
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Biological welfare economics: a natural science critique of normative economics by Burnham, Terence C., Phelan, Jay

“…Welfare economics analyzes societal well-being based on individual levels of self-evaluated happiness or “utility.” All human emotions, including what…”
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Ordinaries 10: Decision under uncertainty: biology informs economic theories of risk by Burnham, Terence C., Phelan, Jay

“…Neoclassical and behavioral economics disagree over the manner in which people make risky decisions. Neoclassical economics assumes that people make good,…”
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An Empirical Evaluation of Tax-Loss-Harvesting Alpha by Chaudhuri, Shomesh E., Burnham, Terence C., Lo, Andrew W.

“…Advances in financial technology have made tax-loss harvesting more feasible for retail investors than such strategies were in the past. We evaluated the…”
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Ordinaries: Big Macs & Economics: Why we love foods that kill us by Burnham, Terence C., Phelan, Jay

“…Neoclassical and behavioral economics disagree over the human consumption of dietary fat, a pervasive behavior that increases morbidity and mortality…”
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Ordinaries 9: How to write a biological economics article by Burnham, Terence C., Phelan, Jay

“…This paper outlines an approach for writing biological economic articles. There is a schism within economics between neoclassical and behavioral schools…”
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Ordinaries: Happiness is a genetic incentive system by Burnham, Terence C., Phelan, Jay

“…Neoclassical and behavioral economics agree that people seek happiness, but diverge in their views of the source. Neoclassical economics assumes permanent…”
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Ordinaries: Surviving desire: the causes and cures of self-control issues by Burnham, Terence C., Phelan, Jay

“…Self-control is central to human success. Neoclassical economics posits a cohesive, rational brain that always picks the best outcome. Behavioral economics…”
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Engineering Human Cooperation : Does Involuntary Neural Activation Increase Public Goods Contributions? by Burnham, Terence C, Hare, Brian

“…In a laboratory experiment, we use a public goods game to examine the hypothesis that human subjects use an involuntary eye-detector mechanism for evaluating…”
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Ordinaries 8: Thaler, cashews & Tinbergen: biological mechanism and behavior by Burnham, Terence C., Phelan, Jay

“…The “cashew conundrum” is a seminal event in the history of economics. Professor Richard Thaler observed that his guests were happier not having the option to…”
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Experience shapes future foraging decisions in a brainless organism by Smith-Ferguson, Jules, Burnham, Terence C, Beekman, Madeleine

“…The ability to change one’s behaviour based on past experience has obvious fitness benefits. Drawing from past experience requires some kind of information…”
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Ordinaries: Toward a Neo-Darwinian synthesis of economics by Burnham, Terence C., Phelan, Jay

“…The Ordinaries column began in 2019 to promote a Neo-Darwinian synthesis of neoclassical and behavioral economics. This article places already-published, as…”
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Toward a neo-Darwinian synthesis of neoclassical and behavioral economics by Burnham, Terence C.

“…There is a schism within economics between the neoclassical and behavioral schools. A primary cause of the behavioral ascent is the experimental evidence of…”
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Ordinaries: Intertemporal choice: biology informs economic theories of discounting by Burnham, Terence C., Phelan, Jay

“…Neoclassical and behavioral economics disagree over the manner in which people discount the future. Neoclassical economics assumes that people make good,…”
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Investing in the Presence of Massive Flows: The Case of MSCI Country Reclassifications by Burnham, Terence C., Gakidis, Harry, Wurgler, Jeffrey

“…Almost $10 trillion is benchmarked to MSCI's developed, emerging, frontier, and standalone market indexes. Reclassifications from one index to another require…”
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