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  1. Cognitive skills, strategic sophistication, and life outcomes
    Author: Fe, Eduardo; Gill, David; Prowse, Victoria
    Published: November 2020
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    We investigate how childhood cognitive skills affect strategic sophistication and adult outcomes. In particular, we emphasize the importance of childhood theory-of-mind as a cognitive skill. We collected experimental data from more than seven hundred... more

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    DS 4
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    We investigate how childhood cognitive skills affect strategic sophistication and adult outcomes. In particular, we emphasize the importance of childhood theory-of-mind as a cognitive skill. We collected experimental data from more than seven hundred children in a variety of strategic interactions. First, we find that theory-of-mind ability and cognitive ability both predict level-k behavior. Second, older children respond to information about the cognitive ability of their opponent, which provides support for the emergence of a sophisticated strategic theory-of-mind. Third, theory-of-mind and age strongly predict whether children respond to intentions in a gift-exchange game, while cognitive ability has no influence, suggesting that different measures of cognitive skill correspond to different cognitive processes in strategic situations that involve understanding intentions. Using the ALSPAC birth-cohort study, we find that childhood theory-of-mind and cognitive ability are both associated with enhanced adult social skills, higher educational participation, better educational attainment, and lower fertility in young adulthood. Finally, we provide evidence that school spending improves theory-of-mind in childhood.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/232653
    Series: Discussion paper series / IZA ; no. 13901
    Subjects: cognitive skills; theory-of-mind; cognitive ability; fluid intelligence; children; experiment; strategic sophistication; level-k; bounded rationality; non-equilibrium thinking; intentions; gift-exchange game; competitive game; strategic game; ALSPAC; social skills; adult outcomes; life outcomes; education; fertility; labor market; wages; employment; school spending; childhood intervention
    Scope: 1 Online-Ressource (circa 118 Seiten), Illustrationen
  2. Artificial intelligence and high-skilled work
    evidence from analysts
    Author: Grennan, Jillian; Michaely, Roni
    Published: 2020
    Publisher:  Swiss Finance Institute, Geneva

    Policymakers fear artificial intelligence (AI) will disrupt labor markets, especially for high-skilled workers. We investigate this concern using novel, task-specific data for security analysts. Exploiting variation in AI's power across stocks, we... more

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    Helmut-Schmidt-Universität, Universität der Bundeswehr Hamburg, Universitätsbibliothek
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    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    VS 544
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    Policymakers fear artificial intelligence (AI) will disrupt labor markets, especially for high-skilled workers. We investigate this concern using novel, task-specific data for security analysts. Exploiting variation in AI's power across stocks, we show analysts with portfolios that are more exposed to AI are more likely to reallocate efforts to soft skills, shift coverage towards low AI stocks, and even leave the profession. Analyst departures disproportionately occur among highly accurate analysts, leaving for non-research jobs. Reallocating efforts toward tasks that rely on social skills improve consensus forecasts. However, increased exposure to AI reduces the novelty in analysts' research which reduces compensation

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
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    Series: Research paper series / Swiss Finance Institute ; no 20, 84
    Swiss Finance Institute Research Paper ; No. 20-84
    Subjects: arti cial intelligence; big data; technology; automation; sell-side analysts; job displacement; labor and nance; social skills; non-cognitive skills; tasks; skill premium; skill-biased technological change; compensation
    Scope: 1 Online-Ressource (circa 74 Seiten), Illustrationen
  3. Becoming an institutional entrepreneur
    the case of Swiss spatial planners' life journeys
    Author: Fohim, Emamdeen
    Published: [2020]

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Source: Union catalogues
    Language: English
    Media type: Dissertation
    Format: Online
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    Subjects: Change Agent; Identitätsentwicklung; Raumplanungsgesetz; Sozialer Wandel; Sozialkompetenz; EDIS-4986; institutional contradictions; institutional change; Soziale Kompetenzen; Identity; Raumplanung; Institutioneller Entrepreneur; spatial planning; social skills; Identität; Institutionelle Veränderung; institutional entrepreneur; Institutionelle Widersprüche
    Scope: 1 Online-Ressource (circa 161 Seiten), Illustrationen
    Notes:

    Dissertation, University of St. Gallen, 2020