This paper uses a unique data set of Latin American paintings auctioned by Sotheby's between 1995 and 2002 to investigate several puzzles from the recent auctions literature. Our results suggest that: (1) the reputation of an artist and the provenance of the artwork, omitted variables in most...

Several papers study the effect of trust by using the answer to the World Values Survey (WVS) question “Generally speaking, would you say that most people can be trusted or that you can’t be too careful in dealing with people?” to measure the level of trust. Glaeser et al. (2000) question...

Jones, C. (2005) Major events, networks and regional development, Regional Studies 39 , 185-195. There is currently a wave of interest in how social, political and economic institutions embedded within a region can encourage an improved economic performance, with their actions and interactions...

This paper attempts to disentangle the direct effects of experience from those of culture in determining fertility. We use the GSS to examine the fertility of women born in the US but from different ethnic backgrounds. We take lagged values of the total fertility rate in woman’s country of...

This paper uses the concept of ethnic self-identification of immigrants in a two-dimensional framework. It acknowledges the fact that attachments to the home and the host country are not necessarily mutually exclusive. There are three possible paths of adjustment from separation at entry, namely...

Parental beliefs are recognised by psychologists as an important causal influence on child development. A two-period model of human capital accumulation in the framework of Becker and Tomes (1986) is presented. In the first period parents transfer their beliefs, distinct from genes, to children...

This paper explains the growth of the U.S. advertising industry around 1900 by showing how advertisers and advertising professionals established institutions and practices that converted audience attention into a form of tradable property. My empirical work on billposting illuminates the central...

En La aldea perdida (1903), de Armando Palacio Valdés, encontramos un buen muestrario de los principales planÃ?¬teamientos anti-industrialistas del momento. De hecho, la novela enlaza con el anti-industrialismo Ã?Â?fin de sigloÃ?Â? y también con los recelos del catolicismo social...

In der Tradition der europaeischen Unternehmensethik ist der Charakter der Akteure ein grundlegender und alles dominierender Zurechnungsmodus fuer tugendhaftes Handeln. Die psychologische und voelkerkundliche Diskussion einer „Charakterkunde“ in der zweiten Haelfte des 19. Jahrhunderts hat...

Die experimentelle Wirtschaftsforschung kann eingesetzt werden, um kausale Einflussfaktoren von Verhalten unter kontrollierten Rahmenbedingungen zu identifizieren. Insbesondere ermoeglicht sie Einsichten ueber Verhaltenstendenzen in moralischen Dilemmata wie z. B. Situationen, in denen...