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The economic expansion witnessed in the last 0,08% of modern human history is an anomalous event. It has been compared to a "rocket ship that took off five seconds ago, and nobody knows where it's going." This paper explores the destiny of this rocket ship. It shows that economic growth cannot...
Persistent link: https://www.econbiz.de/10014296883
The Degrowth Movement calls for "degrowth" – a reduction in GDP in advanced economies – to avert an ecological crisis. This paper argues that the Degrowth Movement misses that the West is already in a state resembling degrowth – a Great Stagnation. This state of degrowth and its...
Persistent link: https://www.econbiz.de/10014377094
Working as a volunteer is a widespread phenomenon that has both individual and societal benefits. In this paper, we identify the wage returns to working for free by exploiting exogenous variation in rainfall across local area districts in England, Scotland and Wales. Instrumental variables...
Persistent link: https://www.econbiz.de/10010329003
We investigate the determinants of giving in a lab-in-the-field experiment with large stakes. Study participants in urban Mozambique play dictator games where their counterpart is the closest person to them outside their household. Dictators share more with counterparts when they have the option...
Persistent link: https://www.econbiz.de/10010329041
We show that once interfamily exchanges are considered, Becker's rotten kids mechanism has some remarkable implications that have gone hitherto unnoticed. Specifically, we establish that Cornes and Silva's (1999) result of efficiency in the contribution game amongst siblings extends to a setting...
Persistent link: https://www.econbiz.de/10010333302
We study with a sample of 1,070 primary school children, aged seven to eleven years, how altruism in a donation … theories of reciprocal altruism that provide a cornerstone to understand human social behavior. We find that higher risk …-linear. We confirm earlier results that altruism increases with age during childhood and that girls are more altruistic than boys …
Persistent link: https://www.econbiz.de/10010352276
Paul Samuelson made a series of important contributions to population theory for humans and other species, evolutionary theory, and the theory of age structured life cycles in economic equilibrium and growth. The work is highly abstract but much of it was intended to illuminate issues of...
Persistent link: https://www.econbiz.de/10012059172
The growing demand for plasma, especially for the manufacture of therapeutic products, prompts discussions on the merits of different procurement systems. We conducted a randomized survey experiment with a representative sample of 826 Canadian residents to assess attitudes toward legalizing...
Persistent link: https://www.econbiz.de/10011873513
's common restrictions on the curvature of the decision-makers utility function can dramatically bias the altruism parameter. We … show that this is particularly problematic when comparing altruism between groups with well-documented differences in risk …
Persistent link: https://www.econbiz.de/10011931686
Theory commonly posits agents who care both for the level of provision of a public good and the extent to which they personally contribute to the cause. Simply put, agents feel some "warm glow" from the donations they make. I discuss a fundraiser devised to exogenously vary the incentive to give...
Persistent link: https://www.econbiz.de/10011931725