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Corporate philanthropy and productivity : evidence from an online real effort experiment

Tonin, Mirco; Vlassopoulos, Michael - 2014

incentives. We find that social incentives lead to a 13% rise in productivity, regardless of their form (lump sum or related to … performance) or strength. The response is strong for subjects with low initial productivity (30%), while high-productivity … increase in private compensation for low productivity subjects reveals that the former are less effective in increasing …

Persistent link: https://www.econbiz.de/10010347336

Employee-owned firms and the careers of young workers

Burdin, Gabriel; Garcia-Louzao, Joe - 2025

Using detailed administrative data from Spain, we characterize how a first work experience in an employee-owned firm (EOF) versus a conventional firm can affect workers’ careers. We find that workers’ exposure to EOFs at the time of entry reduces daily wages by 8% over the first 15 years in...

Persistent link: https://www.econbiz.de/10015189859

"The way in which an experiment is conducted is unbelievably Important" : on the experimentation practices of economists and psychologists

Ortmann, Andreas - 2009

To discuss experimental results without discussing how they came about makes sense when the results are robust to the way experiments are conducted. Experimental results, however, are - arguably more often than not - sensitive to numerous design and implementation characteristics such as the use...

Persistent link: https://www.econbiz.de/10003923272

Pro bono work and trust in expert fields

Ong, David; Yang, Chun-lei - 2014 - This version: July 26, 2014

A controversy has been simmering in law for at least 30 years about whether pro bono work should be mandatory for lawyers, who now donate 1-3% of their time to the poor. This has centered on the unmet legal needs of the poor, the duty of lawyers, and the contrast with US doctors, who are...

Persistent link: https://www.econbiz.de/10010383298

Mechanical and psychological effects of electoral reform

Fiva, Jon H.; Folke, Olle - 2011

Duverger (1954) noted that changes in electoral systems will have two types of effects: mechanical effects, and reactions of political agents in anticipation of these, which he referred to as psychological effects. It is complicated to empirically separate the two effects since these occur...

Persistent link: https://www.econbiz.de/10009230917

Belief-dependent motivations and psychological game theory

Battigalli, Pierpaolo; Dufwenberg, Martin - 2020

The mathematical framework of psychological game theory is useful for describing many forms of motivation where preferences depend directly on own or others’ beliefs. It allows for incorporating, e.g., emotions, reciprocity, image concerns, and self-esteem in economic analysis. We explain how...

Persistent link: https://www.econbiz.de/10012213185

Optimally imprecise memory and biased forecasts

Silveira, Rava Azeredo da; Sung, Yeji; Woodford, Michael - 2020

We propose a model of optimal decision making subject to a memory constraint. The constraint is a limit on the complexity of memory measured using Shannon's mutual information, as in models of rational inattention; but our theory differs from that of Sims (2003) in not assuming costless memory...

Persistent link: https://www.econbiz.de/10012316965

Public goods games and psychological utility : theory and evidence

Dhami, Sanjit S.; Wei, Mengxing; Al-Nowaihi, Ali - 2018

We consider a theoretical model of a public goods game that incorporates reciprocity, guilt-aversion/surprise-seeking, and the attribution of intentions behind these emotions. In order to test our predictions, we implement the "induced beliefs method" and a within-subjects design, using the...

Persistent link: https://www.econbiz.de/10011845117

A theory of indifference based on status-seeking behaviour

Marjit, Sugata; Dastidar, Krishnendu Ghosh; Pandey, … - 2023

psychology and economic theory literature on the causes and consequences of status-seeking behaviour. It integrates the idea in a …

Persistent link: https://www.econbiz.de/10014265989

The epistemic vices of democracies in the age of populism

Bonatti, Luigi - 2023

The subject of this paper is how the epistemic limitations of individuals and their biases in reasoning affect collective decisions and in particular the functioning of democracies. In fact, while the cognitive sciences have largely shown how the imperfections of human rationality shape...

Persistent link: https://www.econbiz.de/10014315089