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considered as existing in the political and economic ‘world’. Here we refer to corruption as well as to the role of money as a … positional good. We also discuss such behaviour in the academic world, in which money plays a role as well as reputation. Thus …
Persistent link: https://www.econbiz.de/10010877949
The issue of the nature of the altruism inherent in blood donation and the perverse effects of financial rewards for …) famously pointed out, providing monetary incentives to blood donors may crowd out blood supply as purely altruistic donors may … types of incentives are related to the likelihood of donating blood by exploiting a large sample representative of 15 …
Persistent link: https://www.econbiz.de/10009221554
this end we develop a simple dynamic principal-agent model where both players may have feelings of altruism or spite toward … each other. The contract may contain two types of incentives for the agent to work hard: a bonus and a threat of dismissal …
Persistent link: https://www.econbiz.de/10010877789
Most economic models are based on the self-interest hypothesis that assumes that all people are exclusively motivated by their material self-interest. In recent years experimental economists have gathered overwhelming evidence that systematically refutes the self-interest hypothesis and suggests...
Persistent link: https://www.econbiz.de/10005094414
We first show three major disagreements among today’s leading economists: the minimum wage, the effects of large government debt and the politics of the European Central Bank. Using a prominent and highly relevant example, the possible deterrent effect of death penalty, we demonstrate how...
Persistent link: https://www.econbiz.de/10011103401
We present and test a theory of prospective and retrospective pocketbook voting. Focusing on two large reforms in Sweden, we establish a causal chain from policies to sizeable individual gains and losses and then to voting. The Social Democrats proposed budget cuts affecting parents with young...
Persistent link: https://www.econbiz.de/10005196265
-level performance-pay measures with rich PISA-2003 international achievement micro data, this paper estimates student …-level international education production functions. The use of teacher salary adjustments for outstanding performance is significantly …
Persistent link: https://www.econbiz.de/10008511595
If the threshold that triggers climate catastrophe is known with certainty, and the benefits of avoiding catastrophe are high relative to the costs, treaties can easily coordinate countries’ behavior so as to avoid the threshold. Where the net benefits of avoiding catastrophe are lower,...
Persistent link: https://www.econbiz.de/10010877724
riding is provided here which demonstrates that existing experimental approaches fail to explore a potentially important real-world …
Persistent link: https://www.econbiz.de/10008671727
We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal …
Persistent link: https://www.econbiz.de/10010790169