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Identity, Dignity and Taboos: Beliefs as Assets

Bénabou, Roland; Tirole, Jean - Institute for the Study of Labor (IZA) - 2007

We analyze social and economic phenomena involving beliefs which people value and invest in, for affective or functional reasons. Individuals are at times uncertain about their own "deep values" and infer them from their past choices, which then come to define "who they are". Identity...

Persistent link: https://www.econbiz.de/10005703370

Pregibit: A Family of Discrete Choice Models

Vijverberg, Chu-Ping C.; Vijverberg, Wim P. - Institute for the Study of Labor (IZA) - 2012

The pregibit discrete choice model is built on a distribution that allows symmetry or asymmetry and thick tails, thin …

Persistent link: https://www.econbiz.de/10009650606

Does Bargaining Matter in the Small Firm Matching Model?

L'Haridon, Olivier; Malherbet, Franck; Pérez-Duarte, … - Institute for the Study of Labor (IZA) - 2010

In this article, we use a stylized model of the labor market to investigate the effects of three alternative and well-known bargaining solutions. We apply the Nash, the Egalitarian and the Kalai-Smorodinsky bargaining solutions in the small firm’s matching model of unemployment. To the best of...

Persistent link: https://www.econbiz.de/10008564709

An Economic Model of Child Custody

Francesconi, Marco; Muthoo, Abhinay - Institute for the Study of Labor (IZA) - 2003

This paper develops a model of child custody based on an incomplete-contract approach to the allocation of property rights. Because of the presence of transaction costs in marriage, altruistic parents cannot contract upon the investments they make into their children, but can reduce the...

Persistent link: https://www.econbiz.de/10005703298

Ethical and Economic Perspectives on Global Health Interventions

Bhalotra, Sonia R.; Pogge, Thomas - Institute for the Study of Labor (IZA) - 2012

health. To support a justice argument for such modification, we show how the current global economic order may contribute to …

Persistent link: https://www.econbiz.de/10009653979

Linking Individuals and Societies

Jasso, Guillermina - Institute for the Study of Labor (IZA) - 2009

How do individuals shape societies? How do societies shape individuals? This paper develops a framework for studying the connections between micro and macro phenomena. The framework builds on two ingredients widely used in social science − population and variable. Starting with the simplest...

Persistent link: https://www.econbiz.de/10005039644

A New Unified Theory of Sociobehavioral Forces

Jasso, Guillermina - Institute for the Study of Labor (IZA) - 2007

describing five sociobehavioral processes - comparison (including justice and self-esteem), status, power, identity, and …

Persistent link: https://www.econbiz.de/10005703470

Regional Disparities and Inequality of Opportunity: The Case of Italy

Checchi, Daniele; Peragine, Vitorocco - Institute for the Study of Labor (IZA) - 2005

In this paper we provide a new methodology to measure opportunity inequality and to decompose overall inequality in an "ethically offensive" and an "ethically acceptable" part. Moreover, we provide some empirical applications of these new evaluation tools: in the first exercise, we compare the...

Persistent link: https://www.econbiz.de/10005703562

Shall We Kill or Enslave Caesar? Analyzing the Caesar Model

Jasso, Guillermina - Institute for the Study of Labor (IZA) - 2008

paper presents a model of killing versus enslaving Caesar, based on a new theory which unifies justice, status, and power … of societies – justice-nonmaterialistic, status, and power-nonmaterialistic. Results cover members’ gains, effects of own … killed only in a justice-nonmaterialistic society, and from the noblest of motives – to achieve equal gains for members. …

Persistent link: https://www.econbiz.de/10005822039

The Terms and Relations of Comparison, Referential, and Relative Processes

Jasso, Guillermina - Institute for the Study of Labor (IZA) - 2007

This paper develops the mathematical foundations of comparison, referential, and relative (CRR) processes. The key ingredients are: (1) three kinds of terms; and (2) two kinds of relations. Combining the three terms - absolute amount, relative amount, and relative rank - with the two kinds of...

Persistent link: https://www.econbiz.de/10005700875