Showing 61 - 70 of 1,274
We use machine-learning methods to study the features and origins of the Baconian program, a cultural and methodological paradigm viewed as providing the intellectual roots for modern economic growth. After building a machine-readable corpus of Bacon's works, we estimate a structural topic...
Persistent link: https://www.econbiz.de/10011646730
Societies prohibit many transactions considered morally repugnant, although potentially efficiency-enhancing. We conducted an online choice experiment to characterize preferences for the morality and efficiency of payments to kidney donors. Preferences were heterogeneous, ranging from...
Persistent link: https://www.econbiz.de/10011539004
This paper argues that corruption in Russia is systemic in nature. Low wage levels of public officials provide strong … incentives to engage in corruption. As corruption is illegal, corrupt officials can be exposed any time, which enforces loyalty … towards the powers that be; thus corruption is a method of governance. We trace the systemic corruption back to the Mongolian …
Persistent link: https://www.econbiz.de/10011789215
This paper provides controlled experimental evidence that striving for pleasures of skill can have negative moral consequences and causally reduce moral values. Subjects perform an IQ-test. They know that each correctly solved question increases the likelihood of moral transgression. In terms of...
Persistent link: https://www.econbiz.de/10011420699
Many tasks can only be completed if several people contribute. Likewise, many institutions, e.g. voting rules, require the support of several people to implement specific decisions. In such situations, individual costs from supporting may decrease in the number of supporters. This holds true for...
Persistent link: https://www.econbiz.de/10011343048
This paper studies how organizational design affects moral outcomes. Subjects face the decision to either kill mice for money or to save mice. We compare a Baseline treatment where subjects are fully pivotal to a Diffused-Pivotality treatment where subjects simultaneously choose in groups of...
Persistent link: https://www.econbiz.de/10009764385
Can lab experiments on student populations serve to identify the motivational forces present in society at large? We …
Persistent link: https://www.econbiz.de/10009230868
preferences not only over their own choice but also about other individuals' actions. How should society decide these issues? This … paper compares three regimes (centralization, decentralization and federalism) in an economy where individuals choose their …
Persistent link: https://www.econbiz.de/10011450084
Some markets are prone to develop shadow transactions for the purpose of tax avoidance. Moral sentiments control the allocation of consumers between the legal and illicit markets. Such sentiments include self-esteem and social disapproval. The market solution leads to fiscal externality...
Persistent link: https://www.econbiz.de/10011450493
A recent experimental study by Falk and Szech (Science, 2013) concludes that "markets erode moral values". If this were true, economists, who have emphasized the efficiency enhancing effects of markets for centuries, would have to reconsider their judgments fundamentally. This would be no less...
Persistent link: https://www.econbiz.de/10010342529