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colleagues, which in turn creates co-worker altruism. We study how financial incentives for productive activities can improve or … discuss some empirical evidence supporting these predictions. -- Social interaction ; altruism ; incentive contracts ; co …
Persistent link: https://www.econbiz.de/10003791765
We examine how the legal protection of outside shareholders and the appropriative costs that they induce influence the incentives for private firms to go public. A higher degree of protection of shareholders can increase the appropriative costs associated with the conflict between managers and...
Persistent link: https://www.econbiz.de/10011507775
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
, parental altruism makes withdrawal of such support non-credible. To promote work effort, parents may want to instill norms …
Persistent link: https://www.econbiz.de/10011398913
reflecting low altruism - a discount rate on children's utility greater than the world interest rate - and I examine the … spending on debt and retiree entitlements. In the model, altruism towards children determines bequests, government debt, and … the time-path of consumption. Altruism towards parents influences incentives to default. If altruism is low, voters demand …
Persistent link: https://www.econbiz.de/10009753002
First the assumption of self-interest as applied in Economics is presented. Here we also discuss areas in which (many) people behave less self- but more other-regarding than traditional economic models assume. Then, greedy behaviour is considered as existing in the political and economic...
Persistent link: https://www.econbiz.de/10010375177
Altruists and envious people who meet in contests are symbionts. They do better than a population of narrowly rational individuals. If there are only altruists and envious individuals, a particular mixture of altruists and envious individuals is evolutionarily stable.
Persistent link: https://www.econbiz.de/10011514081
-interest, providing strong evidence for pocketbook voting. However, social preferences like altruism, public good considerations and …
Persistent link: https://www.econbiz.de/10010496966
Guided by Bem's (1972) self-perception theory, we design an experiment to ask whether morally-motivated behaviour, e ….g., charitable giving, is history-dependent. Using a popular policy nudge, the default option, we exogenously vary altruism "now" and … show that giving “now” causes a 66%- 200% increase in the probability of giving "later"; that is, altruism begets altruism …
Persistent link: https://www.econbiz.de/10012801498
: "altruism" and "appreciation". We test our theoretical model's predictions by matching attitudes reported in the British Social …
Persistent link: https://www.econbiz.de/10012668262