Showing 1 - 10 of 73
Philosophers, psychologists, and economists have long argued that certain decision rights carry not only instrumental value but may also be valuable for their own sake. The ideas of autonomy, freedom, and liberty derive their intuitive appeal – at least partly – from an assumed positive...
Persistent link: https://www.econbiz.de/10010660133
history of honesty and a high level of central bank independence. According to our respondents, the Federal Reserve is the …
Persistent link: https://www.econbiz.de/10005094291
We argue that societies with a stronger tendency towards postmaterialist life goals tilt the tax structure towards personal income taxes and away from corporate taxation. We provide empirical evidence for this correlation in OECD countries. To address endogeneity issues we then use an...
Persistent link: https://www.econbiz.de/10009651860
Social values shape policy outcomes. We examine the role of postmaterialism, a widely used concept in the social sciences, for the mix of capital and labour taxation chosen by a society. Following political scientist Inglehart, we define the degree of postmaterialism as the relative importance...
Persistent link: https://www.econbiz.de/10005094501
directly measure religious organizations’ power to shape human decision making. We employ an objective measure of voters …
Persistent link: https://www.econbiz.de/10010723526
We integrate individual power in groups into general equilibrium models. The relationship between group formation …, resource allocation, and the power of specific individuals or particular sociological groups is investigated. We introduce, via … an illustrative example, three appealing concepts of power and show that there is no monotonic relationship between these …
Persistent link: https://www.econbiz.de/10005766012
of power. In the second part, we demonstrate that reported subjective well-being of the population is much higher in …
Persistent link: https://www.econbiz.de/10005766049
evaluated. Internal impact affects the distribution of power among the member states and external impact affects power relations …
Persistent link: https://www.econbiz.de/10005416468
This paper argues that the “Economics of Crime” concentrates too much on punishment as a policy to fight crime, which is unwise for several reasons. There are important instances in which punishment simply cannot reduce crime. Several feasible alternatives to punishment exist, such as...
Persistent link: https://www.econbiz.de/10005013061
Behavioral economics documents the importance of status and self-image concerns in the workplace, but is largely silent about how to instrumentalize them to induce effort. Awards - widespread in the corporate sector and elsewhere - are motivators that derive their value from such social...
Persistent link: https://www.econbiz.de/10004979427