Showing 1 - 10 of 81
While considerable concern has emerged about the impact of religion oneconomic development, little is actually known … about how religion impacts thedecision making of individuals. This paper examines the influence of religion onthe decision … paper finds that religion shapesthe entrepreneurial decision. In particular, some religions, such as Islam andChristianity …
Persistent link: https://www.econbiz.de/10005864518
While considerable concern has emerged about the impact of religion on economic development, little is actually known … about how religion impacts the decision making of individuals. This paper examines the influence of religion on the decision … paper finds that religion shapes the entrepreneurial decision. In particular, some religions, such as Islam and Christianity …
Persistent link: https://www.econbiz.de/10010263844
In this paper we discuss the effects of cultural and particular religious factors on tourist flows into the USA as the world largest tourism destination. To estimate this empirically we run an augmented gravity equation. Our results give evidence that the gravity equation is an adequate...
Persistent link: https://www.econbiz.de/10010263883
In two-person generosity games the proposer's agreement payoffis exogenously given whereas that of the responder is endogenouslydetermined by the proposer's choice of the pie size. Earlier resultsfor two-person generosity games show that participants seem to caremore for eciency than for equity....
Persistent link: https://www.econbiz.de/10005870886
This paper aims to analize the role of personal identity in decision making. To this end, it starts by reviewing critically the growing literature on economics and identity. Considering the ambiguities that the concept of social identity poses, our proposal focuses on the concept of personal...
Persistent link: https://www.econbiz.de/10010263784
The higher our aspirations, the higher the probability that we have to adjust them downwards when forming more realistic expectations later on. This paper shows that the costs induced by high aspirations are not trivial. We first develop a theoretical framework to identify the factors that...
Persistent link: https://www.econbiz.de/10010263846
We investigate to what extent genuine social preferences can explain observed other-regarding behavior. In a social dilemma situation (a dictator game variant), people can choose whether to learn about the consequences of their choice for the receiver. We find that a majority of the people that...
Persistent link: https://www.econbiz.de/10010263853
The paper introduces the concept of adjustment utility, that is, referencedependent utility from expectations. It offers an explanation for observed preferences that cannot be explained with existing models, and yields new predictions for individual decision making. The model gives a simple...
Persistent link: https://www.econbiz.de/10010263858
Deviations from equilibrium bids in auctions can be related to inconsistent expectations with correct best replies (see Eyster and Rabin, 2005; Crawford and Iriberri, 2007) or correct expectations but small (perhaps quantal-response) mistakes in best replies (see Goeree et al., 2002). To distinguish...
Persistent link: https://www.econbiz.de/10010263873
In-group favoritism in social dilemma situations is one of the main findings of studies in Social Identity Theory. We investigate what causes the in-group bias: is it due to mere group affiliation or, alternatively, is guilt-aversion a possible explanation? We induce group membership in a...
Persistent link: https://www.econbiz.de/10010263886