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pure distributive social systems to general social systems that combine competitive market exchange with the non …
Persistent link: https://www.econbiz.de/10014023678
, nor for gifts, inheritance and many other services exchanged within families. Such behavior can be derived from three main … transfer. In a second model, altruism is impure as the parents want the child to behave in a certain way: exchange and … from being entirely motivated by direct exchange considerations. …
Persistent link: https://www.econbiz.de/10014023665
This work deals with an unresolved question left open by Hayek: which are the circumstances that lead to prefer a formalized rule to a spontaneous one? This paper suggests that spontaneous and formal rules do not cancel out each other, but are the results of two distinct approaches on just one...
Persistent link: https://www.econbiz.de/10010790124
The inheritance of contemporary financial economics invites us to consider financial stability as integral to a liberal market setting. The crisis however demonstrated that financial markets may prove highly dysfunctional in the absence of adequate mechanisms of regulation and governance. This...
Persistent link: https://www.econbiz.de/10008784732
We study out-group biases in attitudes toward refugees, and the effect of European Union (EU) immigration policies on these views, using an online survey experiment including 4,087 Italian participants. We assess attitudes using donations to a randomly assigned group: Italian victims of violence...
Persistent link: https://www.econbiz.de/10014486231
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Behind my reciprocation of a friend's gift may lie both instrumental reasons (I expect further future gifts) and …
Persistent link: https://www.econbiz.de/10014023674
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