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This paper reviews the problems and potential benefits of integrating personality psychology into economics. Economists have much to learn from and contribute to personality psychology.
Persistent link: https://www.econbiz.de/10010280682
Parker and Van Praag (2009) showed, based on theory, that the group status of the profession 'entrepreneurship' shapes … consequences of the group status of a profession, entrepreneurship in particular. If the group status of entrepreneurship is … Netherlands. We find that the status of occupations is mostly determined by the required level of education, the income level to …
Persistent link: https://www.econbiz.de/10010277020
Folklore has it that the comparatively low proportion of self-employed in Germany is in part due to a habit that might be termed 'stigmatisation of failure': taking a second chance to build one's own firm after failing as a self-employed is said to be much more difficult here than in other...
Persistent link: https://www.econbiz.de/10010261524
, entrepreneurship-related attitudes, and general personality traits of both business starters and non-starters. Estimating binary choice …
Persistent link: https://www.econbiz.de/10010269688
This paper investigates the driving forces behind informal sanctions in cooperation games and the extent to which theories of fairness and reciprocity capture these forces. We find that cooperators' punishment is almost exclusively targeted towards the defectors but the latter also impose a...
Persistent link: https://www.econbiz.de/10010267590
This study investigates the effect of financial perception and behaviour on; (a) general accounts and services, (b … three estimations support the hypothesis that financial perception has a greater effect on the decision to access and use … behaviour is greater than financial perception when making decisions on the take-up and use of investment financial services. It …
Persistent link: https://www.econbiz.de/10010291318
This paper investigates how Confucianism affects individual decision making in Taiwan and in China. We found that Chinese subjects in our experiments became less accepting of Confucian values, such that they became significantly more risk loving, less loss averse, and more impatient after being...
Persistent link: https://www.econbiz.de/10010329049
We explore the influence of social norms on behavior. To do so, we introduce a method for identifying norms, based on the property that social norms reflect social consensus regarding the appropriateness of different possible behaviors. We demonstrate that the norms we elicit, along with a...
Persistent link: https://www.econbiz.de/10010277121
This article experimentally examines voluntary contributions when group members' marginal returns to the public good vary. The experiment implements two marginal return types, low and high, and uses the information that members have about the heterogeneity to identify the applied contribution...
Persistent link: https://www.econbiz.de/10010278412
We analyze social and economic phenomena involving beliefs which people value and invest in, for affective or functional reasons. Individuals are at times uncertain about their own deep values and infer them from their past choices, which then come to define who they are". Identity investments...
Persistent link: https://www.econbiz.de/10010268073