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To understand why investors hold socially responsible mutual funds, we link administrative data to survey responses and behavior in incentivized experiments. We find that both social preferences and social signaling explain socially responsible investment (SRI) decisions. Financial motives play...
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return higher shares as second-movers in a trust game. Furthermore, they invest more in rewards and punishment when they can …
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behavior of students and the general population in a trust experiment. We find very similar behavioral patterns for the two …
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This paper reports the results from a controlled field experiment designed to investigate the causal effect of public recognition on employee performance. We hired more than 300 employees to work on a three-hour data-entry task. In a random sample of work groups, workers unexpectedly received...
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trust are traits that explain permanent differences in the short-run volatility of public goods provision …
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determine individuals’ inclination to trust others? We implement an experimental environment that allows us to manipulate prior …’s willingness to trust others. We contrast this situation with a control condition where we keep all aspects of the prior …, subjects’ willingness to trust is substantially higher relative to subjects who made negative social experiences. No such …
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diverse individuals lived far apart, have higher-quality government, higher incomes and higher levels of trust …
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