Showing 1 - 10 of 442
Well-functioning groups enforce social norms that restrain opportunism, but the social structure of a society may encourage or inhibit norm enforcement. Here we study how the exogenous assignment to different positions in an extreme social hierarchy - the caste system - affects individuals'...
Persistent link: https://www.econbiz.de/10010269625
Formal or informal institutions have long been adopted by societies to protect against opportunistic behavior. However, we know very little about how these institutions are chosen and their impact on behavior. We experimentally investigate the demand for different levels of institutions that...
Persistent link: https://www.econbiz.de/10012269948
Well-functioning groups enforce social norms that restrain opportunism, but the social structure of a society may encourage or inhibit norm enforcement. Here we study how the exogenous assignment to different positions in an extreme social hierarchy – the caste system – affects individuals'...
Persistent link: https://www.econbiz.de/10004976904
As skills of labor-market entrants are usually not directly observed by employers, individuals acquire skill signals …. To study which signals are valued by employers, we simultaneously and independently randomize a broad range of skill … signals on pairs of resumes of fictitious applicants among which we ask a large representative sample of German human …
Persistent link: https://www.econbiz.de/10011816555
Using data from the Health and Retirement Study (HRS), we make two contributions to the literature on end-of-life transfers. First, we show that unequal bequests are much more common than generally recognized, with one-third of parents with wills planning to divide their estates unequally among...
Persistent link: https://www.econbiz.de/10011163488
exchange as motives to transfer. The model makes predictions about the correlations between misperceptions and transfers under … or an exchange motive with the recipient holding all the bargaining power. …
Persistent link: https://www.econbiz.de/10010891178
This paper studies how an institution such as markets affects the evolution of mankind. My key point is that the forces of natural selection are made weaker because trade allows people to specialize in those activities where they are strong, and to offset their weaknesses by purchasing adequate...
Persistent link: https://www.econbiz.de/10010262480
family constitution, than if she is moved by either altruistic or exchange motivations. The circumstance is the presence of a … motivated by either altruistic or straight exchange motives, but not the one that these transfers are governed by family …
Persistent link: https://www.econbiz.de/10010273995
This paper studies how an institution such as markets affects the evolution of mankind. My key point is that the forces of natural selection are made weaker because trade allows people to specialize in those activities where they are strong, and to offset their weaknesses by purchasing adequate...
Persistent link: https://www.econbiz.de/10005761761
family constitution, than if she is moved by either altruistic or exchange motivations. The circumstance is the presence of a … motivated by either altruistic or straight exchange motives, but not the one that these transfers are governed by family …
Persistent link: https://www.econbiz.de/10005762423