Showing 1 - 10 of 20
matter of course that economics should become a natural science. Such a characterization misses an essential aspect of a …
Persistent link: https://www.econbiz.de/10011700543
. First steps towards integrating awards into economic theory are undertaken. -- Awards ; non-monetary incentives ; economics …Awards play a large role in the economics profession, which is documented by the large variety and number of awards …. However, little scientific attention has been devoted to them. This paper documents the prevalence of awards in the economics …
Persistent link: https://www.econbiz.de/10003806044
happiness research is able to contribute important insights for economics. We report how the economic variables income … some of the consequences for economic policy and for economic theory. …
Persistent link: https://www.econbiz.de/10011398921
This paper explored the determinants of survival in a life and death situation created by an external and unpredictable shock. We are interested to see whether pro-social behaviour matters in such extreme situations. We therefore focus on the sinking of the RMS Titanic as a quasi-natural...
Persistent link: https://www.econbiz.de/10003771813
This paper analyzes awards as a means of motivation prevalent in the scientific community, but so far neglected in the economic literature on incentives, and discusses their relationship to monetary compensation. Awards are better suited than performance pay to reward scientific tasks, which are...
Persistent link: https://www.econbiz.de/10003807766
The sinking of the Titanic in April 1912 took the lives of 68 percent of the people aboard. Who survived? It was women and children who had a higher probability of being saved, not men. Likewise, people traveling in first class had a better chance of survival than those in second and third...
Persistent link: https://www.econbiz.de/10003808139
This paper argues that the "Economics of Crime" concentrates too much on punishment as a policy to fight crime, which … ; motivation ; framing ; broken window theory …
Persistent link: https://www.econbiz.de/10003861760
-being research in economics and takes measures of reported life satisfaction as an empirical approximation to individual welfare …
Persistent link: https://www.econbiz.de/10003897543
Four types of economicsʺ relevant for institutional analysis are distinguished: Standard Neoclassical Economics; Socio-Economics … or Social Economics; New Institutional Economics; and Psychological Economics (often misleadingly called Behavioural … Economics). The paper argues that an extension of Neoclassical Economics with elements from other social sciences (including …
Persistent link: https://www.econbiz.de/10003872188
Museums have many different goals beyond efficiency such as social equity, financial revenue, attracting donors and gaining international, regional or local prestige. Various pricing schemes are being discussed with the aim of reaching these goals. The classical ones are entry prices and free...
Persistent link: https://www.econbiz.de/10003997593