Since 1950s, most African nations have gained independence from their colonial powers. Fortunately, independence has brought many changes to these nations and these include multi-party democratic government and western education systems. Unfortunately, the Africa’s economy is the least...

The Eurocrisis challenges our definition of a common future in Europe. As first step, this article describes a vision of a future Europe without the Euro as state of political and economic marginalisation. I am contrasting this vision by demanding European values and civic duties that make the...

We present a model of intergenerational transmission of pro-social values in which parents have information about relevant characteristics of society that is not directly available to their children. Differently from existing models of cultural transmission of values (such as Bisin and Verdier,...

This paper contrasts competing theories and evidence on the nature and significance of African American racial identity. In particular, we seek to examine whether race is best understood as a set of values and behaviors or whether race is best understood as a social norm.

We examine the impact of the values respect for others and responsibility on productivity and the accumulation of physical and human capital for a sample of 58 countries. We find that these two core values are important and that their impact is substantial. Respect for others works primarily...

The case for socially responsible business conduct is often made from an economical or ethical perspective with the organization as level of analysis. This paper focuses on the relationship between the religious belief of corporate decision-makers and socially responsible business conduct. Based...

This paper investigates two questions. First, what is the relative importance of the components of childhood family environment—parental values versus parental class status—for young adult economic outcomes? Second, are interracial differences in labor market outcomes fully explained by...

This book is based on the thesis that I submitted in August 2006 to the International Islamic University Malaysia in partial fulfillment of the requirement for the award of the PhD degree in Economics.It was a difficult topic but this reality dawned on me only after I had already crossed the...

This book is based on different approaches towards the research dealing with values. It is focused on existing values which are present in the Czech society from 1970´s untill nowadays. The basic principles of qualitative research are introduced with case studies from sociology,...

Why is good good and bad bad? Kant's categorical imperative (KCI) and instrumental rationality are analyzed under the game-theoretical framework of the folk theorem. Prescribing different courses of action under the one-shot game, Kant's categorical imperative emerges as instrumentally rational...