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. Furthermore, we discuss how such a preference can be integrated in the modelling of utility in order to account for the …
Persistent link: https://www.econbiz.de/10005785811
We implement the Rawlsian thought experiment of a veil of ignorance in the laboratory which introduces risk and possibly social preferences. We find that both men and women react to the risk introduced by the veil of ignorance. Only the women additionally exhibit social preferences that reflect...
Persistent link: https://www.econbiz.de/10005187356
This paper revisited Gregory Bateson’s theory of hierarchical learning through an experiment testing the existence of …
Persistent link: https://www.econbiz.de/10008784631
Experimental and empirical evidence documents instances where the presence of an inferior option in a menu increases the attractiveness of the better options from that menu and thus distorts the normative ranking across menus. We analyze the case when besides this so called context effects bias...
Persistent link: https://www.econbiz.de/10008548829
The article presents a model of social norm evolution, which suggests how the increase in optimal and actual first response times (FRT) of economics journals can be related. When the optimal FRT and the norm about how much time refereeing should take increase, it seems that the existence of a...
Persistent link: https://www.econbiz.de/10005835528
) that was claimed to improve service quality and increase economic efficiency, because it gives incentives to provide …
Persistent link: https://www.econbiz.de/10005836274
is puzzling from a theoretical perspective. The common assumption in economics that people maximize utility (which is …
Persistent link: https://www.econbiz.de/10005836455
We report results from two different settings of a 3-player ultimatum game. Under the monocratic rule, a player is randomly selected to make an offer to two receivers. Under the democratic rule, all three players make a proposal, and one proposal is then extracted. A majority vote is required to...
Persistent link: https://www.econbiz.de/10005836873
This paper offers an overview of the main literature on social capital in the light of Paldam’s (2000) “social capital dream”. Its main contributions can be summed as follows. Firstly, It develops an encompassing definition of social capital built on social interactions, social norms and...
Persistent link: https://www.econbiz.de/10005837391
Using a national representative sample for Mexico, we analyse the effect of a husband having a working mother on the probability that he has a working wife. Our results show that labour force participation by a husband’s mother increases the probability of the labour force participation of his...
Persistent link: https://www.econbiz.de/10011258713