Showing 1 - 10 of 273
This paper studies how organizational design affects moral outcomes. Subjects face the decision to either kill mice for money or to save mice. We compare a Baseline treatment where subjects are fully pivotal to a Diffused-Pivotality treatment where subjects simultaneously choose in groups of...
Persistent link: https://www.econbiz.de/10011084048
We derive conditions of individual preferences and technology that give rise to a negative correlation between income inequality and environmental protection. We present a class of models (which captures a static model as well as an overlapping-generations model) in which individuals differ in...
Persistent link: https://www.econbiz.de/10005662063
In this paper, we demonstrate how age-adjusted inequality measures can be used to evaluate whether changes in inequality over time are due to changes in the age-structure. To this end, we use administrative data on earnings for every male Norwegian over the period 1967-2000. We find that the...
Persistent link: https://www.econbiz.de/10009493554
This Paper first documents the evolution of the cross-sectional income and consumption distribution in the US in the past 25 years. Using data from the Consumer Expenditure Survey we find that a rising income inequality has not been accompanied by a corresponding rise in consumption inequality....
Persistent link: https://www.econbiz.de/10005123551
Female 'empowerment' has increasingly become a policy goal, both as an end to itself and as a means to achieving other development goals. Microfinance in particular has often been argued, but not without controversy, to be a tool for empowering women. Here, using a randomized controlled trial,...
Persistent link: https://www.econbiz.de/10005792103
The prevailing labour market models assume that minimum wages do not affect the labour supply schedule. We challenge this view in this paper by showing experimentally that minimum wages have significant and lasting effects on subjects’ reservation wages. The temporary introduction of a minimum...
Persistent link: https://www.econbiz.de/10005124189
This paper investigates physiological responses to perceptions of unfair pay. In a simple principal agent experiment … experiment we record agents' heart rate variability. The latter is an indicator of stress-related impaired cardiac autonomic …
Persistent link: https://www.econbiz.de/10009144731
Engelmann and Strobel (AER 2004) question the relevance of inequity aversion in simple dictator game experiments claiming that a combination of a preference for efficiency and a Rawlsian motive for helping the least well-off is more important than inequity aversion. We show that these results...
Persistent link: https://www.econbiz.de/10005114463
Behavioural economists have come to recognize that reciprocity, the interaction of trust and trustworthiness, is a distinct and economically relevant component of individual preferences alongside selfishness and altruism. This recognition is principally due to observed decisions in experimental...
Persistent link: https://www.econbiz.de/10005788946
Using a controlled experiment, we examine the role of nurture in explaining the stylized fact that women shy away from …
Persistent link: https://www.econbiz.de/10005082535