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God does not play dice, but people should: random selection in politics, science and society
Frey, Bruno S.; Steiner, Lasse - Institut für Volkswirtschaftslehre, … - 2014
corruption and decrease the large expenses associated with today’s democratic election campaigns. Random mechanisms can be …
Persistent link: https://www.econbiz.de/10010817312
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Bureaucratic Rents and Life Satisfaction
Luechinger, Simon; Meier, Stephan; Stutzer, Alois - Institut für Volkswirtschaftslehre, … - 2006
correlates with perceptions of corruption. We find judicial independence to be of major relevance for a tamed bureaucracy. …
Persistent link: https://www.econbiz.de/10005628003
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Who Gains From Non-Collusive Corruption?
Foellmi, Reto; Oechslin, Manuel - Institut für Volkswirtschaftslehre, …
We explore the impact of non-collusive corruption on factor rewards and on the wealth distribution. We show that the … distributional consequences depend crucially on the degree of capital market imperfections. With perfect capital markets, corruption … very limited. In the empirical section, we provide cross-country evidence showing that a high level of corruption and a …
Persistent link: https://www.econbiz.de/10005760929
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Do People Behave in Experiments as in the Field? – Evidence from Donations
Benz, Matthias; Meier, Stephan - Institut für Volkswirtschaftslehre, …
Laboratory experiments are an important methodology in economics, especially in the field of behavioral economics. However, it is still debated to what extent results from laboratory experiments can be applied to field settings. One highly important question with respect to the external validity...
Persistent link: https://www.econbiz.de/10005627987
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Tax Compliance as the Result of a Psychological Tax Contract: The Role of Incentives and Responsive Regulation
Feld, Lars P.; Frey, Bruno S. - Institut für Volkswirtschaftslehre, … - 2006
In this paper, we develop the concept of a psychological tax contract that goes beyond the traditional deterrence model and explains tax morale as a complicated interaction between taxpayers and the government. Based on crowding theory, the impact of deterrence and rewards on tax morale is...
Persistent link: https://www.econbiz.de/10005184886
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The Corporate Governance of Benedictine Abbeys: What can Stock Corporations Learn from Monasteries?
Rost, Katja; Inauen, Emil; Osterloh, Margit; Frey, Bruno S. - Institut für Volkswirtschaftslehre, … - 2008
The corporate governance structure of monasteries is analyzed to derive new insights into solving agency problems of modern corporations. In the long history of monasteries, some abbots and monks lined their own pockets and monasteries were undisciplined. Monasteries developed special systems to...
Persistent link: https://www.econbiz.de/10005463512
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Tax Evasion in Switzerland: The Roles of Deterrence and Tax Morale
Feld, Lars P.; Frey, Bruno S. - Institut für Volkswirtschaftslehre, … - 2006
The traditional economic approach to tax evasion does not appear to be particularly successful in explaining the extent of tax compliance. We argue instead that a psychological tax contract which establishes a fiscal exchange between the state and the citizens shapes tax compliance to a large...
Persistent link: https://www.econbiz.de/10005627806
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Benediktinerabteien aus ökonomischer Sicht. Über die ausserordentliche Stabilität einer besonderen Institution
Inauen, Emil; Frey, Bruno S. - Institut für Volkswirtschaftslehre, … - 2008
Die Benediktinerklöster weisen im Vergleich zu anderen Institutionen eine ungewöhnlich lange Lebensdauer auf. Unsere empirische Untersuchung aller je existierenden Benediktinerabteien in Bayern, Baden-Württemberg und der Deutschschweiz zeigt, dass ein durchschnittliches Kloster fast 500...
Persistent link: https://www.econbiz.de/10005627826
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Trust Breeds Trust: How Taxpayers are Treated
Feld, Lars P.; Frey, Bruno S. - Institut für Volkswirtschaftslehre, …
Tax compliance has been studied in economics by analysing the individual decision of a representative person between paying and evading taxes. A neglected aspect of tax compliance is the interaction of taxpayers and tax authorities. The relationship between the two actors can be understood as an...
Persistent link: https://www.econbiz.de/10005627886
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Knight Fever towards an Economics of Awards
Frey, Bruno S. - Institut für Volkswirtschaftslehre, …
Awards in the form of orders, medals, decorations and titles are ubiquitous in monarchies and republics, private organizations, not-for-profit and profit-oriented firms. Nevertheless, economists have disregarded this kind of non-material extrinsic incentive. The demand for awards relies on an...
Persistent link: https://www.econbiz.de/10005627972