This paper develops a framework which analyzes how a population's culture affects the decisions of rational profit … maximizing firms, while simultaneously exploring how the actions of these firms in turn affect the population's culture ….By endogenizing culture as well as the more usual economic variables, it shows how an economically valuablebehavioural trait can be …

Netherlands. We find evidence that, in general, religious households care more about saving, are more risk-averse, consider … variables as instruments for economic attitudes (and controlling for demographic and background risk characteristics), we …

banks can extract market power rents. We show that more bank competition results in lower economy-wide risk, lower bank … allocation and optimal levels of bank risk and capitalization. These results are at variance with those obtained by a large … systemic risk in the economy. …

.The game theoretic solution predicts (assuming risk neutrality) that actors are willing to accept wages below their outside … actors have uncertain risk aversion.The parameters of the game are calibrated to match data on 99 movies for 1989 available …