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Does It Pay To Pray? Evaluating the Economic Return to Religious Ritual

Ruffle, Bradley J.; Sosis, Richard H. - EconWPA - 2003

Time-consuming and costly religious rituals pose a puzzle for economists committed to rational choice theories of human behavior. We propose that religious rituals promote in-group trust and cooperation that help to overcome collective-action problems. We test this hypothesis on communal...

Persistent link: https://www.econbiz.de/10005062717

Cooperation and the In-Group-Out-Group Bias: A Field Test on Israeli Kibbutz Members and City Residents

Ruffle, Bradley J.; Sosis, Richard H. - EconWPA - 2003

The in-group-out-group bias is among the most well documented and widely observed phenomenon in the social sciences. Despite its role in hiring decisions and job discrimination, negotiations, and conflict and competition between groups, economists have heretofore ignored the in- group-out-group...

Persistent link: https://www.econbiz.de/10005062734

Risk Pooling, Commitment, and Information: An experimental test of two fundamental assumptions

Barr, Abigail - EconWPA - 2004

This paper presents rigorous and direct tests of two assumptions relating to limited commitment and asymmetric information that current underpin current models of risk pooling. A specially designed economic experiment involving 678 subjects across 23 Zimbabwean villages is used to solve the...

Persistent link: https://www.econbiz.de/10005118664

Wages and Reciprocity in the Workplace

Barr, Abigail; Serneels, Pieter - EconWPA - 2004

We explore the role of reciprocity in wage determination by combining experimental and survey data. The experiment is similar to Berg, Dickhaut and McCabe's (1995) and is conducted with Ghanaian manufacturing workers. The survey relates to the same sample workers and the firms within which they...

Persistent link: https://www.econbiz.de/10005118755

Rational and Biased Trust

Barr, Abigail - EconWPA - 2004

This paper investigates whether expectations of trustworthiness and resulting acts of trust accord with an objective model of trustworthiness or are biased. Combining experimental and survey data, I find that Ghanaian workers appropriately take account of the religiousness of trustees, but...

Persistent link: https://www.econbiz.de/10005118769

A Stochastic Model of Mortality, Fertility, and Human Capital Investment

Kalemli-Ozcan, Sebnem - EconWPA - 2002

uncertainty about the number of surviving children. If the marginal utility of a surviving child is convex then there will be a … precautionary demand for children. As the mortality rate and thus uncertainty falls, this demand decreases. Furthermore, lower … o is realized only if uncertainty is incorporated into individual’s optimization problem. …

Persistent link: https://www.econbiz.de/10005126196

Mortality Change, the Uncertainty Effect, and Retirement

Kalemli-Ozcan, Sebnem; Weil, David - EconWPA - 2002

construct a model in which individuals make labor/leisure choices over their lifetimes subject to uncertainty about their date … changes in the US life table over the last century, and show that this “uncertainty e ect” of declining mortality would have …

Persistent link: https://www.econbiz.de/10005126354

Understanding New Zealand<92>s Changing Income Distribution 1983<96>98:A Semiparametric Analysis

Hyslop, Dean R.; Maré, David C. - EconWPA - 2004

This paper analyses changes in the distribution of equivalised gross household income and income inequality in New Zealand between 1983 and 1998. We analyse the distributional effects of changes in household structure, National Superannuation (old age pension), household socio- demographic...

Persistent link: https://www.econbiz.de/10005077068

Categorical Cognition: A Psychological Model of Categories and Identification in Decision Making

Fryer, Roland G.; Jackson, Matthew O. - EconWPA - 2002

This paper introduces a psychological notion of categorization into economics and derives its implications for economic decision making. We show, using a tractable model of social cognition, that a decision maker in (efficiently) assigning past experiences to categories, will sort experiences of...

Persistent link: https://www.econbiz.de/10005135029

Has world poverty really fallen during the 1990s?

Reddy, Sanjay G.; Minoiu, Camelia - EconWPA - 2005

We evaluate the claim that world consumption poverty has fallen during the 1990s in light of alternative assumptions about the extent of initial poverty and the rate of subsequent poverty reduction in China, India, and the rest of the developing world. We assess the extent of poverty using two...

Persistent link: https://www.econbiz.de/10005062424

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