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We explore the role of social capital in the spread of the recent Covid-19 pandemic in independent analyses for Austria, Germany, Italy, the Netherlands, Sweden, Switzerland and the UK. Exploiting within-country variation, we show that a one standard deviation increase in social capital leads to...
Persistent link: https://www.econbiz.de/10012227686
cooperation in a subsequent social dilemma game. The issues we study are part of the broader topic of whether there are behavioral … cooperation for pairs of market-winners, market-losers and mixed pairs and study both the cases where interaction in the social … experience has adverse effects on the efficiency of cooperation on both market-winner and market-loser pairs. In market …
Persistent link: https://www.econbiz.de/10011431230
We present the first causal evidence on the persistent impact of enduring competition on prosociality. Inspired by the … literature on tournaments within firms, which shows that competitive compensation schemes reduce cooperation in the short-run, we … competition period. 4-year follow-up data indicate that the effect persists and generalizes, suggesting a change in traits and not …
Persistent link: https://www.econbiz.de/10014469722
This paper presents a formal theory of reciprocity. Reciprocity means that people reward kind actions and punish unkind ones. The theory takes into account that people evaluate the kindness of an action not only by its consequences but also by the intention underlying this action. The theory...
Persistent link: https://www.econbiz.de/10010315175
Why is modern society capable of cumulative innovation? In A Culture of Growth: The Origins of the Modern Economy, Joel Mokyr persuasively argues that sustained technological progress stemmed from a change in cultural beliefs. The change occurred gradually during the seventeenth and eighteenth...
Persistent link: https://www.econbiz.de/10012052865
Economic societies emerged during the late eighteenth-century. We argue that these institutions reduced the costs of accessing useful knowledge by adopting, producing, and diffusing new ideas. Combining location information for the universe of 3,300 members across active economic societies in...
Persistent link: https://www.econbiz.de/10013353448
a series of additional laboratory experiments suggest that task complexity decreases the responsiveness to incentives …
Persistent link: https://www.econbiz.de/10011307110
It is entirely appropriate that the study of public finance take seriously behavioral" inconsistencies with traditional models of individual and collective decision-making. This raises the question of whether the state should play a role in protecting individuals from themselves, and whether...
Persistent link: https://www.econbiz.de/10010276630
from complexity theory that takes account of true uncertainty and increasing returns to technology adoption. We examine …
Persistent link: https://www.econbiz.de/10014534298
computational complexity of the decision problem. These results point to the context-dependence of what comes to mind and the …
Persistent link: https://www.econbiz.de/10012207896