Showing 1 - 10 of 73
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/10010783996
, sports and leisure, career, and health - the paper also studies the impact of context on risk attitudes, finding a strong but …
Persistent link: https://www.econbiz.de/10005068645
This paper delivers new insights into the development of income inequality and regional stratification in Germany after …
Persistent link: https://www.econbiz.de/10004963796
This paper explores the determinants of individual well-being as measured by self-reported levels of satisfaction with income. Making full use of the panel data nature of the German Socio-Economic Panel, we provide empirical evidence for well-being depending on absolute and on relative levels of...
Persistent link: https://www.econbiz.de/10004963914
Income comparisons are among the key mechanisms used to explain satisfaction and happiness, among other outcomes. Yet progress on the questions of who people use as social referents and whether differential selection patterns exist can only be made based on valid and reliable measures of pay...
Persistent link: https://www.econbiz.de/10008541312
respect to the fairness of earnings and what effect welfare state interventions have. An important result of the analyses is …
Persistent link: https://www.econbiz.de/10005068782
This paper explores the relationship between two well-established con-cepts of measuring individual well-being: the concept of happiness, i.e. self-reported level of satisfaction with income and life, and relative deprivation/satisfaction, i.e. the gaps between the individual's income and the...
Persistent link: https://www.econbiz.de/10005069080
Social comparisons are an essential source of information about the self. Research in social psychology has shown individual variation in the tendency toward comparison with other people's opinions and abilities, raising the question of whether social comparisons are driven by psychological...
Persistent link: https://www.econbiz.de/10008855644
This paper proposes a dynamic life cycle model of health risks, employment, early retirement, and wealth accumulation … in order to analyze the health-related risks of consumption and old age poverty. In particular, the model includes a … health process, the interaction between health and employment risks, and an explicit modeling of the German public insurance …
Persistent link: https://www.econbiz.de/10010685901
Using controlled experiments, we examine how individuals make choices when faced with multiple options. Choice tasks … are designed to mimic the selection of health insurance, prescription drug, or retirement savings plans. In our experiment …
Persistent link: https://www.econbiz.de/10008611292