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We survey the determinants of earnings and propose a framework for understanding labor market success. We suggest that the advantages of the children of successful parents go considerably beyond the benefits of superior education, the inheritance of wealth, or the genetic inheritance of...
Persistent link: https://www.econbiz.de/10005237424
Explicit economic incentives designed to increase contributions to public goods and to promote other pro-social behavior sometimes are counterproductive or less effective than would be predicted among entirely self-interested individuals. This may occur when incentives adversely affect...
Persistent link: https://www.econbiz.de/10010611113
Drawing on experimental economics, anthropology, social psychology, sociology, history, the theory of cultural evolution as well as more conventional economic sources, I review models and evidence concerning the impact of economic institutions on preferences, broadly construed. I identify a...
Persistent link: https://www.econbiz.de/10005756745