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characterize countries according to the quality of their institutions. However, no effort has been made to study how the honesty of … citizens varies across sixteen countries. This paper explores the honesty among citizens across sixteen countries and not of …, international indices that are indicative of institutional honesty are completely uncorrelated with citizens' honesty for our sample …
Persistent link: https://www.econbiz.de/10011112328
This paper explores the relevance of soft budget constraints (SBC) to development studies by examining the parastatal sector. The political ingredient of the SBC is discussed by focusing on two examples: 1) religious and military foundations in Iran; and 2) Fannie Mae and Freddie Mac. It...
Persistent link: https://www.econbiz.de/10011261150
By randomising the order in which new economics research papers are presented in email alerts and tracking economists’ subsequent download activity, this paper uses a natural field experiment to better understand the reasons why individuals show a disproportionate tendency to select items...
Persistent link: https://www.econbiz.de/10011259449
To select one of several products (or to buy nothing) is a daily decision. Its foundations vary from one person to another and are based on perceptions, preferences, and other criteria. The standard theoretical perspective conveys that people choose options with the highest net benefit. However,...
Persistent link: https://www.econbiz.de/10009223361
We examine the feasibility of using a massively multiplayer online role-playing game (MMORPG) to test economic theories. As a test vehicle we use the well-known hypothesis about the relationship between market experience and the endowment effect. Our results confirm earlier field experiments...
Persistent link: https://www.econbiz.de/10005616955
In soccer penalty kicks, goalkeepers choose their action before they can clearly observe the kick direction. An analysis of 286 penalty kicks in top leagues and championships worldwide shows that given the probability distribution of kick direction, the optimal strategy for goalkeepers is to...
Persistent link: https://www.econbiz.de/10005621397
interventions, particularly in areas of public goods provision, voting behaviour, and specific measures to address corruption and …
Persistent link: https://www.econbiz.de/10011258383
unusually close look at the relationship between bureaucratic organization, bribe-setting behavior and the costs corruption … bureaucrats to engage in "collusive" or "coercive" types of corruption. We then observe how firms adjust their shipping and … sourcing strategies in response to different types of corruption. "Collusive" corruption is cost-reducing for firms, increasing …
Persistent link: https://www.econbiz.de/10008543774
This paper examines the relationship between corruption and infrastructure at both the country and regional level using … the measure of corruption in the macro data and the measures of transportation and electricity infrastructure. Countries … with more corruption tend to have worse infrastructure in the eyes of their firms. This link is shown to remain when one …
Persistent link: https://www.econbiz.de/10011259578
suggests thaht corruption, which is likely to emerge in long term reciprocal relationships between public officials and …
Persistent link: https://www.econbiz.de/10011259731