Showing 1 - 10 of 365
Research examining the effect of weak punishment on conformity indicates that punishment can backfire and lead to … of social norms and their interplay with weak punishment in the context of a trust game. Across six conditions, we …’ conformity can have detrimental effects. In additional experiments, we show that this negative effect can be attributed to the …
Persistent link: https://www.econbiz.de/10012510229
and social norms, and trust. In a preregistered online experiment (n = 1,038), we find that biased institutions reduce … compared to no enforcement. We also find that social heterogeneity lowers average trust and induces ingroup favouritism in … trust. Finally, we find consistent evidence of peer effects: higher levels of peer compliance raise future compliance and …
Persistent link: https://www.econbiz.de/10014321962
Contributing to the literature on the consequences of behavioral biases for market outcomes and institutional design, we contrast producer liability and minimum quality standard regulation as alternative means of social control of product-related torts when consumers are heterogeneously...
Persistent link: https://www.econbiz.de/10010413791
determinants of cooperative behavior. We provide evidence indicating that the well-being maximizing level of trust is above the … income maximizing level. Higher trust is also linked to more cooperative and pro-social behaviors, including the private …
Persistent link: https://www.econbiz.de/10012288022
This paper investigates the direct and indirect effects of others' beliefs on respondents' own beliefs and consumer sentiment. Conducting consumer surveys with randomized control trials (RCTs) in Thailand and Vietnam during the COVID-19 pandemic, we implement two information treatments. Both...
Persistent link: https://www.econbiz.de/10012500548
Institutions are important for proper economic performance, but are replaceable by trust or other social norms. We show … that when proper institutions and trust are missing, integrity of the individuals can replace them. We construct a model of …) trust, or (3) integrity, foster economic growth. We construct data of economic performance of social groups in Lebanon …
Persistent link: https://www.econbiz.de/10003872201
Can a major shock in childhood permanently shape trust? We consider a hunger episode in Germany after WWII and … regional and temporal variation. We correlate hunger exposure with measures of trust using data from a nationally … significantly lower levels of trust as adults. This finding highlights that early-life experiences can have long-term effects in …
Persistent link: https://www.econbiz.de/10011540782
By examining discrepancies between officially reported GDP growth figures and the actual economic growth implied by satellite-based night time light (NTL) density, we investigate whether democracies manipulate officially reported GDP figures, and if so, whether such manipulation pays political...
Persistent link: https://www.econbiz.de/10012022263
-behaved statistical properties, and we show that ethnic stratification is empirically related to low levels of trust in other people and …
Persistent link: https://www.econbiz.de/10011942823
a sign of trust and concern for the employees' well-being or as enhanced monitoring. Both interpretations can explain …
Persistent link: https://www.econbiz.de/10010461267