Showing 1 - 10 of 347
Using self reported measures of life satisfaction and risk attitudes, we empirically test whether there is a … relationship between individuals inequality and risk aversion. The empirical analysis uses the German SOEP household panel for the … suggest that even though inequality and risk aversion are related, they are not the same thing. The paper shows that the …
Persistent link: https://www.econbiz.de/10013148355
This study investigates the effects of unfair enforcement of institutional rules on public good contributions, personal and social norms, and trust. In a preregistered online experiment (n = 1,038), we find that biased institutions reduce rule compliance compared to fair institutions. However,...
Persistent link: https://www.econbiz.de/10014346014
We here consider the effect of the level of income that individuals consider to be fair for the job they do, which we take as measure of comparison income, on both subjective well-being and objective future job quitting. In six waves of German Socio-Economic Panel data, the extent to which own...
Persistent link: https://www.econbiz.de/10012926714
fairness as an important organizational justice variable, (2) the impact of firms' wage structures on workers' job satisfaction …
Persistent link: https://www.econbiz.de/10012857831
This paper presents the Bomb Risk Elicitation Task (BRET), an intuitive procedure aimed at measuring risk attitudes … truncation of the data, allows to precisely estimate both risk aversion and risk seeking, and is not affected by the degree of … gap that often characterizes choices under uncertainty by means of a higher loss rather than risk aversion …
Persistent link: https://www.econbiz.de/10013103490
We study the relative risk aversion of an individual with particular social preferences: his wellbeing is influenced by …, the individual becomes more risk averse when he rises in the wealth hierarchy. Second, if the individual's level of … intensification is strong enough, then the individual becomes less risk averse: the individual's desire to advance further in the …
Persistent link: https://www.econbiz.de/10012867983
We investigate risk aversion as a driver of labour market discrimination against homosexual men. We show that more … hiring discrimination by more risk-averse employers is consistent with taste-based and statistical discrimination. To test … heterosexual or homosexual job candidate. In addition, participants are surveyed on their risk aversion and other characteristics …
Persistent link: https://www.econbiz.de/10013011165
We looked at risk and ambiguity attitudes among Ethiopian peasants in one of the poorest regions of the world and … compared their attitudes to a standard Western university student sample elicited by the same decision task. Strong risk … students, but peasants were more risk averse. Testing for the effect of socio-economic variables on uncertainty attitudes …
Persistent link: https://www.econbiz.de/10013095831
Heterogeneous firms are at the heart of both the New New International Trade Theory and the Micro-econometrics of International Firm Activities. One important aim of micro-econometric studies is to uncover stylized facts that hold over space and time, and that can both inspire theoretical models...
Persistent link: https://www.econbiz.de/10013138259
For nearly 50 years academics have been studying how labor markets affect crime. The initial interesting and important theoretical and empirical work generated substantial interest in studying crime among economists, in particular, and scholars in the social sciences more broadly. This...
Persistent link: https://www.econbiz.de/10013145191