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The Value of Connections: Evidence from the Italian-American Mafia
Mastrobuoni, Giovanni - Institute for the Study of Labor (IZA) - 2014
Using declassified Federal Bureau of Narcotics records on 800 US Mafia members active in the 1950s and 1960s, and on their connections within the organized crime network, I estimate network effects on gangsters' economic status. Lacking information on criminal proceeds, I measure economic status...
Persistent link: https://www.econbiz.de/10010739413
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Social Evolution, Corporate Culture, and Exploitation
Schlicht, Ekkehart - Institute for the Study of Labor (IZA) - 2002
It has been claimed that the market fosters selfishness and thereby undermines the moral basis of society. This thesis has been developed with an emphasis on market exchange. Everyday life is, however, predominantly shaped by interactions in the workplace rather than by shopping behaviour. This...
Persistent link: https://www.econbiz.de/10005566784
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The Economics of Risky Health Behaviors
Cawley, John; Ruhm, Christopher J. - Institute for the Study of Labor (IZA) - 2011
Risky health behaviors such as smoking, drinking alcohol, drug use, unprotected sex, and poor diets and sedentary lifestyles (leading to obesity) are a major source of preventable deaths. This chapter overviews the theoretical frameworks for, and empirical evidence on, the economics of risky...
Persistent link: https://www.econbiz.de/10009024597
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Life Satisfaction, Income and Personality
Proto, Eugenio; Rustichini, Aldo - Institute for the Study of Labor (IZA) - 2015
We use personality traits to better understand the relationship between income and life satisfaction. Personality … traits mediate the effect of income on life satisfaction. The effect of neuroticism, which measures sensitivity to threat and … a simple model based on Prospect Theory, where we assume that: (i) life satisfaction is dependent on the gap between …
Persistent link: https://www.econbiz.de/10011168446
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Behavioral Economics of Education: Progress and Possibilities
Lavecchia, Adam M.; Liu, Heidi; Oreopoulos, Philip - Institute for the Study of Labor (IZA) - 2015
Behavioral economics attempts to integrate insights from psychology, neuroscience, and sociology in order to better predict individual outcomes and develop more effective policy. While the field has been successfully applied to many areas, education has, so far, received less attention – a...
Persistent link: https://www.econbiz.de/10011183117
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Network Formations among Immigrants and Natives
Epstein, Gil S.; Heizler (Cohen), Odelia - Institute for the Study of Labor (IZA) - 2009
In this paper we examine possible network formations among immigrants and natives with endogenous investment. We consider a model of a network formation where the initiator of the link bears its cost while both agents benefit from it. We present the model by considering possible interactions...
Persistent link: https://www.econbiz.de/10005030893
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Social Networks and Parental Behavior in the Intergenerational Transmission of Religion
Patacchini, Eleonora; Zenou, Yves - Institute for the Study of Labor (IZA) - 2011
We analyze the intergenerational transmission of the strength of religion focusing on the interplay between family and peer effects. We develop a theoretical model suggesting that both peer quality and parental effort are of importance for the religious behavior of the children. We then bring...
Persistent link: https://www.econbiz.de/10009147298
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Some Challenges in the Empirics of the Effects of Networks
Boucher, Vincent; Fortin, Bernard - Institute for the Study of Labor (IZA) - 2015
We study some recent developments and challenges in the empirics of the effects of social networks. We focus in particular on researchers' ability to make policy recommendations based on a standard linear econometric model. We examine the potential compatibility between this type of econometric...
Persistent link: https://www.econbiz.de/10011196642
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Social Networks
de Martí, Joan; Zenou, Yves - Institute for the Study of Labor (IZA) - 2009
does a poor job in matching real-world networks. We also analyze behaviors on networks, which take networks as given and …
Persistent link: https://www.econbiz.de/10008558948
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Efficient Coordination in Weakest-Link Games
Riedl, Arno; Rohde, Ingrid M.T.; Strobel, Martin - Institute for the Study of Labor (IZA) - 2011
Existing experimental research on behavior in weakest-link games shows overwhelmingly the inability of people to coordinate on the efficient equilibrium, especially in larger groups. We hypothesize that people are able to coordinate on efficient outcomes, provided they have sufficient freedom to...
Persistent link: https://www.econbiz.de/10009403395