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More than the money : payoff-irrelevant terms in relational contracts
Goerg, Sebastian J.; Ziółkowska, Monika - 2018
We investigate how payoff-irrelevant terms can negatively impact relational contracts. In a lab experiment we compare two economically equivalent contracts - a fixed-term renewable and an open-ended at-will contract. Each contract provides partners with full flexibility regarding the length and...
Persistent link: https://www.econbiz.de/10011893426
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Can reminders promote regular pro-environmental behavior? : experimental evidence from Peru
Fuhrmann, Hanna; D'Exelle, Ben; López Vargas, Kristian; … - 2024
-environmental behavior. To fill this gap, we investigate the impact of mobile text reminders on households' recycling behavior in urban Peru … the likelihood that households start to recycle, and the frequency of recycling among households that already recycled …
Persistent link: https://www.econbiz.de/10014535248
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An empirical survey of the ramifications of a green economy
Heshmati, Almas - 2014
The unprecedented deterioration of our global environment has increased the necessity of relying upon Green Economic policies as critical and effective environmental management tools. The current situation has stimulated extensive research and debate among global interest groups. This has...
Persistent link: https://www.econbiz.de/10010339613
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A review of the circular economy and its implementation
Heshmati, Almas - 2015
Circular economy (CE) is a sustainable development strategy that is being proposed to tackle urgent problems of environmental degradation and resource scarcity. CE's 3R principles are to reduce, reuse and recycle materials. The principles account for a circular system where all materials are...
Persistent link: https://www.econbiz.de/10011449209
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North-South displacement effects of environmental regulation: the case of battery recycling
Tanaka, Shinsuke; Teshima, Kensuke; Verhoogen, Eric - 2021
battery recycling to Mexico and on infant health in Mexico. In the U.S., airborne lead dropped sharply near affected plants …, most of which were battery-recycling plants. Exports of used batteries to Mexico rose markedly. In Mexico, production … increased at battery-recycling plants, relative to comparable industries, and birth outcomes deteriorated within two miles of …
Persistent link: https://www.econbiz.de/10012607308
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The rapid evolution of homo economicus : brief exposure to neoclassical assumptions increases self-interested behavior
Ifcher, John; Zarghamee, Homa S. - 2016
Economics students have been shown to exhibit more selfishness than other students. Because the literature identifies the impact of long-term exposure to economics instruction (e.g., taking a course), it cannot isolate the specific course content responsible; nor can selection, peer effects, or...
Persistent link: https://www.econbiz.de/10011528153
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Strategic complexity and the value of thinking
Gill, David; Prowse, Victoria - 2022
Response times are a simple low-cost indicator of the process of reasoning in strategic games. In this paper, we leverage the dynamic nature of response-time data from repeated strategic interactions to measure the strategic complexity of a situation by how long people think on average when they...
Persistent link: https://www.econbiz.de/10013191643
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Using response times to measure strategic complexity and the value of thinking in games
Gill, David; Prowse, Victoria L. - 2017
Response times are a simple low-cost indicator of the process of reasoning in strategic games (Rubinstein, 2007; Rubinstein, 2016). We leverage the dynamic nature of response-time data from repeated strategic interactions to measure the strategic complexity of a situation by how long people think on...
Persistent link: https://www.econbiz.de/10011607565
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How cognitive skills affect strategic behavior : cognitive ability, fluid intelligence and judgment
Gill, David; Knepper, Zachary; Prowse, Victoria; Zhou, Junya - 2024
We explore the influence of cognitive ability and judgment on strategic behavior in the beauty contest game (where the Nash equilibrium action is zero). Using the level-k model of bounded rationality, cognitive ability and judgment both predict higher level strategic thinking. However,...
Persistent link: https://www.econbiz.de/10014584425
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How opportunity costs decrease the probability of war in an incomplete information game
Polachek, Solomon W. (contributor); Xiang, Jun (contributor) - 2008
This paper shows that the opportunity costs resulting from economic interdependence decrease the equilibrium probability of war in an incomplete information game. This result is strongly consistent with existing empirical analyses of the inverse trade-conflict relationship, but is the opposite...
Persistent link: https://www.econbiz.de/10003784394