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The perfectly competitive market - a hypothetical situation free of market failure - is the basis for the two fundamental welfare theorems, and an important benchmark for economic theory. The radical abstractions of this idea, however, make its full implications hard to grasp. I address this...
Persistent link: https://www.econbiz.de/10011997650
narratives can allow individuals to maintain a positive image when in fact acting in a morally questionable way. Conversely …, responsibilizing narratives can help sustain better social norms. We investigate when narratives emerge from a principal or the actor … himself, how they are interpreted and transmitted by others, and when they spread virally. We then turn to how narratives …
Persistent link: https://www.econbiz.de/10011881454
the share of gender-neutral job posts. However, it also appears that there are two distinct narratives, one concerned with …
Persistent link: https://www.econbiz.de/10013414765
For many decisions, people rely on information received from others by word of mouth. How does the process of verbal transmission distort economic information? In our experiments, participants listen to audio recordings containing economic forecasts and are paid to accurately transmit the...
Persistent link: https://www.econbiz.de/10014462144
This paper uses a laboratory experiment to explore individuals' motivations for redistribution. The laboratory results show that as income uncertainty diminishes, participants become more extreme in their preferences for redistribution. The findings suggest that for most people, the motivation...
Persistent link: https://www.econbiz.de/10011543750
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
Classroom peers are believed to influence learning by teaching each other, and the efficacy of this teaching likely depends on classroom composition in terms of peers' ability. Unfortunately, little is known about peer-to-peer teaching because it is never observed in field studies. Furthermore,...
Persistent link: https://www.econbiz.de/10011664370
The present paper suggests an innovative experimental design to study the nature and occurrence of whistleblowing in an employee-organization context. In particular, we aim at identifying whether student subjects in the role of employees are willing to blow the whistle on their managers'...
Persistent link: https://www.econbiz.de/10011531925
When multiple charities, social programs and community projects simultaneously vie for funding, donors risk miscoordinating their contributions leading to an inefficient distribution of funding across projects. Community chests and other intermediary organizations facilitate coordination among...
Persistent link: https://www.econbiz.de/10012140235
The motivation value of confidence postulates that individual effort provision is increasing in beliefs on one's own productivity. This relationship also holds for overconfident individuals who have exaggerated productivity beliefs (motivation value of overconfidence). We present first empirical...
Persistent link: https://www.econbiz.de/10011870710