Showing 1 - 10 of 11,331
The question of whether lawyers and managers behave selfishly or fairly has inspired discussion for a long time. Empirical evidence, however, is sparse. Using data from an experiment with 359 law and business administration students, we investigate this question empirically and provide first...
Persistent link: https://www.econbiz.de/10011299882
The question of whether lawyers and managers behave selfishly or fairly has inspired discussion for a long time. Empirical evidence, however, is sparse. Using data from an experiment with 359 law and business administration students, we investigate this question empirically and provide first...
Persistent link: https://www.econbiz.de/10010960450
In this chapter, we discuss the “lab-in-the-field” methodology, which combines elements of both lab and field experiments in using standardized, validated paradigms from the lab in targeting relevant populations in naturalistic settings. We begin by examining how the methodology has been...
Persistent link: https://www.econbiz.de/10014023427
This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent voluntary redistribution of income or wealth. The theory...
Persistent link: https://www.econbiz.de/10014023678
This chapter surveys literature on experimental law and economics. Long the domain of legally minded psychologists and criminologists, experimental methods are gaining significant popularity among economists interested in exploring positive and normative aspects of law. Because this literature...
Persistent link: https://www.econbiz.de/10014023489
Economists have traditionally treated preferences as exogenously given. Preferences are assumed to be influenced by neither beliefs nor the constraints people face. As a consequence, changes in behaviour are explained exclusively in terms of changes in the set of feasible alternatives. Here we...
Persistent link: https://www.econbiz.de/10009739159
Persistent link: https://www.econbiz.de/10009492047
This essay will discuss the criticisms of the economic approach to markets offered by Michael Sandel’s What Money Can’t Buy. After reviewing the main arguments, the essay looks at these from three main angles. First, it relates them to different traditions of thinking about markets...
Persistent link: https://www.econbiz.de/10011129963
This study evaluates people’s concerns for distributive fairness (equality of outcomes and payoffs to those worse …-off) and reciprocal fairness (receiving what one is due based on one’s past actions) using dictator, ultimatum, and trust games … distributive fairness, we identify positive offers as first movers in both games as evidence of expectations of reciprocity by …
Persistent link: https://www.econbiz.de/10010870874
Welfare economics relies on consequentialism even though many philosophers have questioned this assumption. Survey evidence, based on a representative sample in Sweden, is presented here suggesting that most people’s ethical perceptions are consistent with consequentialism.
Persistent link: https://www.econbiz.de/10010576458