Showing 1 - 10 of 988
Tipping is a multi-billion dollar phenomenon and a major source of income for millions of workers. The results of a study conducted in the US and Israel suggest that people tip mainly to show gratitude, conform to the social norm, and because they know that waiters' income depends on tips....
Persistent link: https://www.econbiz.de/10008623465
The paper discusses the concept of an economic man in economics and management. The concept of “homo oeconomicus” assumes the full rational behaviour of a deciding man and was applied in classical and neoclassical theories. Based on resent findings of the neuronal, cognitive and behavioural...
Persistent link: https://www.econbiz.de/10009147885
This paper formulates a simple mathematical framework for the selection of an optimum "relative unanimity” collective decision rule. The approach is first to identify the benefits of moving from a rule of simple majority towards a rule of full unanimity. Then, the costs of moving from simple...
Persistent link: https://www.econbiz.de/10011260983
this I build a model of strategic voting with incomplete information and analyze different ideological profiles of the …
Persistent link: https://www.econbiz.de/10008614988
political (voting) process they effectively exert pressures to raise welfare levels per recipient on the other hand. …
Persistent link: https://www.econbiz.de/10011110525
In their seminal work, The Calculus of Consent (1962), Buchanan and Tullock develop a decision model which embodies fundamental relation­ships relevant to institutional choices. However, the Buchanan-Tullock model remains "general," thus inviting others to specify details and to develop...
Persistent link: https://www.econbiz.de/10011257880
Abstract German (English abstract is added below) Arbeitslosigkeit gilt als eines der schwerwiegendsten gesellschaftlichen Probleme unserer Zeit. Doch welche Gründe liegen, trotz der über die Jahre eingeleiteten Maßnahmen zur Bekämpfung der Arbeitslosigkeit, für die anhaltende...
Persistent link: https://www.econbiz.de/10008622251
Dynamic models of learning and adaptation have provided realistic predictions in terms of voting behavior. This study … aims at contributing to their empirical verification by investigating voting behavior in terms of participation as well as … impact depends on the consistency between their last voting behavior and personal economic improvements (or worsening) from …
Persistent link: https://www.econbiz.de/10009647342
Dynamic models of learning and adaptation have provided realistic predictions in terms of voting behavior. This study … estimating the pattern of learning process through a two-stage econometric model. The analysis links voting behavior to past … the literature on voting that assumes given voter preferences. Results show that persistence is positively affected by the …
Persistent link: https://www.econbiz.de/10008866164
. This paper develops a simple model of sequential voting in the U.S. Senate that allows for a straightforward test of the …
Persistent link: https://www.econbiz.de/10011108277