Narrow search
Showing 1 - 10 of 664
Cover Image
Behavioral political economy : a survey
Schnellenbach, Jan; Schubert, Christian - 2014
Explaining individual behavior in politics should rely on the same motivational assumptions as explaining behavior in the market: That’s what Political Economy, understood as the application of economics to the study of political processes, is all about. In its standard variant, those who...
Persistent link: https://www.econbiz.de/10010412852
Cover Image
Theories of fairness and reciprocity : evidence and economic applications
Fehr, Ernst; Schmidt, Klaus M. - 2000
Most economic models are based on the self-interest hypothesis that assumes that all people are exclusively motivated by their material self-interest. In recent years experimental economists have gathered overwhelming evidence that systematically refutes the self-interest hypothesis and suggests...
Persistent link: https://www.econbiz.de/10011397676
Cover Image
Electoral competition with rationally inattentive voters
Matĕjka, Filip; Tabellini, Guido Enrico - 2016 - This version: January 2016
How do voters allocate costly attention to alternative political issues? And how does selective ignorance of voters interact with policy design by politicians? We address these questions by developing a model of electoral competition with rationally inattentive voters. Rational inattention...
Persistent link: https://www.econbiz.de/10011451105
Cover Image
Rationality, irrationality and economic cognition
Whalley, John (contributor) - 2005
This paper contrasts the modern use of the assumption that rationality guides individual economic behaviour, as … notions of rationality based on the availability of information, ability to reason (cognitive skills), and even morality …. Learning played a major role in individuals achieving what was referred to as complete rationality. I draw on these ideas, and …
Persistent link: https://www.econbiz.de/10002756346
Cover Image
On the causes and consequences of deviations from rational behavior
Zēgners, Dainis; Sunde, Uwe; Strittmatter, Anthony - 2020
This paper presents novel evidence for the prevalence of deviations from rational behavior in human decision making – and for the corresponding causes and consequences. The analysis is based on move-by-move data from chess tournaments and an identification strategy that compares behavior of...
Persistent link: https://www.econbiz.de/10012226615
Cover Image
Homo oeconomicus as the homo moralis' party pooper : heterogenous morality in public good games
Eichner, Thomas; Runkel, Marco - 2024
The main insight of this paper is that moral behavior does not necessarily alleviate coordination problems or may even worsen them, if individuals possess different degrees of morality. We characterize heterogenous Alger-Weibull morality preferences in a canonical model of voluntary...
Persistent link: https://www.econbiz.de/10014632345
Cover Image
The devil you know : rational inattention to discrete choices when prior information matters
Pellegrino, Bruno - 2023
In the seminal rational inattention model of Matĕjka and McKay (2015), logit demand arises from the discrete choice of agents who are uncertain about choice payoffs and have access to a flexible, costly information acquisition technology (RI-logit). A notable limitation of this powerful...
Persistent link: https://www.econbiz.de/10014247316
Cover Image
Gender, social value orientation, and tax compliance
D'Attoma, John; Volintiru, Clara; Malezieux, Antoine - 2018
This paper brings an important empirical contribution to the academic literature by examining whether gender differences in tax compliance are due to higher prosociality among women. We conducted a large cross-national tax compliance experiment carried out in Italy, U.K., U.S., Sweden, and...
Persistent link: https://www.econbiz.de/10011936249
Cover Image
Do economic policymakers practice what they preach? : the case of pension decisions
Dahan, Momi; Kogut, Tehila; Shalem, Moshe - 2009
This paper examines whether policymakers, economists at the Israeli Finance Ministry, act in their personal pension decisions in accordance with the rational behaviour assumptions underlying the pension policies they advance. We find that while economists' decisions regarding three other...
Persistent link: https://www.econbiz.de/10003883889
Cover Image
On the arbitrariness of consumption
Whalley, John; Zhang, Shunming - 2009
We discuss a simple model of choices of joint consumption by a working couple who place maintenance of their marriage (relationship) above all else. Any proposal made by one partner seeking to provide maximal utility to the other so as to preserve the marriage, in the case where preferences of...
Persistent link: https://www.econbiz.de/10003808681