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Shall we kill or enslave Caesar? Analyzing the Caesar model
Jasso, Guillermina - 2008
paper presents a model of killing versus enslaving Caesar, based on a new theory which unifies justice, status, and power … of societies - justice-nonmaterialistic, status, and power-nonmaterialistic. Results cover members' gains, effects of own … killed only in a justice-nonmaterialistic society, and from the noblest of motives - to achieve equal gains for members. …
Persistent link: https://www.econbiz.de/10010268571
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Other-Regarding Preferences and Performance Pay : An Experiment on Incentives and Sorting
Villeval, Marie-Claire; Eriksson, Tor - 2004
experiment that analyzes the influence of other-regarding preferences on sorting and incentives. Experimental evidence shows that …
Persistent link: https://www.econbiz.de/10010261940
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Gambling and the use of credit: an individual and household level analysis
Brown, Sarah; Dickerson, Andy; McHardy, Jolian; Taylor, Karl - 2010
use of credit, at the individual and household level using representative pooled cross-section data drawn from the UK … Expenditure and Food Surveys (EFS), 2001 to 2007. Gambling and the use of credit are shown to be positively correlated at the … between gambling and the use of credit is remarkably stable across household income. In addition to our household level …
Persistent link: https://www.econbiz.de/10010271301
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Income Volatility and Residential Mortgage Delinquency : Evidence from 12 EU Countries
Diaz-Serrano, Luis - 2004
We investigate the socio-economic determinants of mortgage delinquency in 12 EU countries and observe that income … volatility significantly increases the mortgage delinquency risk. This pattern even holds for borrowers with higher …-income profiles if volatility in income is high enough. From this result we can draw the following conclusions: i) mortgage protection …
Persistent link: https://www.econbiz.de/10010262138
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Is Strong Reciprocity a Maladaptation? On the Evolutionary Foundations of Human Altruism
Fehr, Ernst; Henrich, Joseph - 2003
In recent years a large number of experimental studies have documented the existence of strong reciprocity among humans. Strong reciprocity means that people willingly repay gifts and punish the violation of cooperation and fairness norms even in anonymous one-shot encounters with genetically...
Persistent link: https://www.econbiz.de/10010262063
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Envy and Compassion in Tournaments
Grund, Christian; Sliwka, Dirk - 2002
Many experiments indicate that most individuals are not purely motivated by material self interest, but also care about the well being of others. In this paper we examine tournaments among inequity averse agents, who dislike disadvantageous inequity (envy) and advantageous inequity (compassion)....
Persistent link: https://www.econbiz.de/10010262248
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Moral hypocrisy, power and social preferences
Rustichini, Aldo; Villeval, Marie Claire - 2012
We show with a laboratory experiment that individuals adjust their moral principles to the situation and to their …
Persistent link: https://www.econbiz.de/10010286903
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Transparency and Reciprocal Behavior in Employment Relations
Irlenbusch, Bernd; Sliwka, Dirk - 2003
experiment, where principals set wages and agents respond by choosing effort levels. In addition to the efforts the principals …
Persistent link: https://www.econbiz.de/10010261601
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Relational Contracts and the Nature of Market Interactions
Brown, Martin; Falk, Armin; Fehr, Ernst - 2003
We provide evidence that long-term relationships between trading parties emerge endogenously in the absence of third party enforcement of contracts and are associated with a fundamental change in the nature of market interactions. Without third party enforcement, the vast majority of trades are...
Persistent link: https://www.econbiz.de/10010261611
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Tax Evasion and Social Interactions
Fortin, Bernard; Lacroix, Guy; Villeval, Marie-Claire - 2004
The paper extends the standard tax evasion model by allowing for social interactions. In Manski?s (1993) nomenclature, our model takes into account social conformity effects (i.e., endogenous interactions), fairness effects (i.e., exogenous interactions) and sorting effects (i.e., correlated...
Persistent link: https://www.econbiz.de/10010262094