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and efficiency across society as a whole. Agency-cost theory recognizes that incentive conflicts and coordination problems … one sector of society at the expense of another. Each rationale sets different goals and assigns responsibiliy for …
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We present an infinite-horizon model of moral standards where self-esteem and unconscious drives play key roles. In the model, an individual receives random temptations (such as bribe offers) and must decide which to resist. Individual actions depend both on conscious intent and a type...
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cultural heterogeneity, the world's geographical fragmentation by ethic and religious traits, at any given time. Finally, the …
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and economic lines. History offers many examples of the recurring tensions between science and organized religion, but as … is a significant and robust negative relationship between religiosity and patents per capita. The political-economy model …
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