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Lies in Disguise - A Theoretical Analysis of Cheating
Dufwenberg, Martin - 2017
We perform a (psychological) game-theoretic analysis of cheating in the setting proposed by Fischbacher & Föllmi-Heusi (2013). The key assumption, which we refer to as perceived cheating aversion, is that the decision maker derives disutility in proportion to the amount in which he is perceived...
Persistent link: https://www.econbiz.de/10012965717
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Human Ethics and Virtues : Rethinking the Homo-Economicus Model
Dhami, Sanjit - 2018
The neoclassical model in economics envisages humans as amoral and self-regarding (Econs). This model, also known as the homo-economicus model, is not consistent with the empirical evidence. In light of the evidence, the continued use of the homo-economicus model is baffling. It also stymies...
Persistent link: https://www.econbiz.de/10012926548
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Strategic Corporate Social Responsibility
Planer-Friedrich, Lisa - 2017
We examine the strategic use of Corporate Social Responsibility (CSR) in imperfectly competitive markets. The level of CSR determines the weight a firm puts on consumer surplus in its objective function before it decides upon supply. First, we consider symmetric Cournot competition and show that...
Persistent link: https://www.econbiz.de/10012953707
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CEO Preferences and Acquisitions
Jenter, Dirk - 2011
This paper explores the impact of target CEOs' retirement preferences on the incidence, the pricing, and the outcomes of takeover bids. Mergers frequently force target CEOs to retire early, and CEOs' private merger costs are the forgone benefits of staying employed until the planned retirement...
Persistent link: https://www.econbiz.de/10013117262
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CEO Preferences and Acquisitions
Jenter, Dirk; Lewellen, Katharina - CESifo - 2011
This paper explores the impact of target CEOs’ retirement preferences on the incidence, the pricing, and the outcomes of takeover bids. Mergers frequently force target CEOs to retire early, and CEOs’ private merger costs are the forgone benefits of staying employed until the planned...
Persistent link: https://www.econbiz.de/10009399662
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What Drives Taxi Drivers? A Field Experiment on Fraud in a Market for Credence Goods
Balafoutas, Loukas - 2011
measure different types of fraud and to examine the influence of passengers' presumed information and income on the extent of … fraud. Results reveal that taxi drivers cheat passengers in systematic ways: Passengers with inferior information about …. Higher income seems to lead to more fraud …
Persistent link: https://www.econbiz.de/10013124684
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An Empirical Analysis of the Dynamics of the Welfare State : The Case of Benefit Morale
Halla, Martin - 2009
assumptions and hypotheses. We study the dynamic effect of different welfare arrangements on benefit fraud. In particular, we …
Persistent link: https://www.econbiz.de/10013160043
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Vote Buying or (Political) Business (Cycles) as Usual?
Aidt, Toke Skovsgaard; Asatryan, Zareh; Badalyan, Lusine; … - 2021
We study the short-run effect of elections on monetary aggregates in a sample of 85 low and middle income democracies (1975-2009). We find an increase in the growth rate of M1 during election months of about one tenth of a standard deviation. A similar effect can neither be detected in...
Persistent link: https://www.econbiz.de/10013315531
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Tax Evasion, Welfare Fraud, and 'The Broken Windows' Effect : An Experiment in Belgium, France and the Netherlands
Lefebvre, Mathieu; Pestieau, Pierre; Riedl, Arno; … - 2021
welfare fraud but report their income honestly anyway; (iii) examples of low compliance tend to increase tax evasion while …
Persistent link: https://www.econbiz.de/10013316025
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Corruption, Seigniorage and Growth : Theory and Evidence
Blackburn, Keith; Neanidis, Kyriakos C.; Haque, M. Emranul - 2021
This paper presents an analysis of the effect of bureaucratic corruption on economic growth through a public finance transmission channel. At the theoretical level, we develop a simple dynamic general equilibrium model in which financial intermediaries make portfolio decisions on behalf of...
Persistent link: https://www.econbiz.de/10013316495