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Tipping is a phenomenon that illustrates the importance of social norms and psychological reasons in motivating economic behavior. People tip because this is the social norm and disobeying norms results in psychological disutility. Tipping is also economically important: in the United States...
Persistent link: https://www.econbiz.de/10005407760
The social consequences of restructuring can largely be understood in terms of the net employment impact and the imapct …
Persistent link: https://www.econbiz.de/10005408340
This report examines the employment structure and structural change (1986-1999) of Vietnam, discusses Vietnam's labour …
Persistent link: https://www.econbiz.de/10005408358
The paper presents a model of the evolution of social norms. When a norm is costly to follow and people do not derive benefits from following it except for avoiding social disapproval, the norm erodes over time. Tip percentages, however, increased over the years, suggesting that people derive...
Persistent link: https://www.econbiz.de/10005556145
Tipping is a multi-billion-dollar phenomenon that challenges the traditional assumption of selfish economic agents who have no feelings and do not care about social norms. This article reviews the early history of tipping and offers an economic analysis of different aspects of tipping. Using the...
Persistent link: https://www.econbiz.de/10005556865
International economic integration is often blamed for the deteriorating fortunes of unskilled workers in industrial countries. We look at the labor market impact of trade and foreign direct investment in the case of Italy. Our empirical framework allows for trade, technology and factor supply...
Persistent link: https://www.econbiz.de/10005556434
International economic integration is often blamed for the deteriorating fortunes of unskilled workers in industrial countries. We look at the labor market impact of trade and foreign direct investment in the case of Italy. Our empirical framework allows for trade, technology and factor supply...
Persistent link: https://www.econbiz.de/10005556481