Distortions in memory impose important bounds on rationality but have been largely disregardedin economics. While it is possible to learn, it is more difficult, and sometimes impossible, tounlearn...

Corporate scandals, reflected in excessive management compensation and fraudulentaccounts, cause great damage...

The self-employed are substantially more satisfied with their work than employed persons. We document this relationship for 23 countries and show that the higher job satisfaction can directly be attributed to the greater autonomy that self-employed persons enjoy....

In view of recent corporate scandals, it is argued that corporate governance can learn from public governance ...

Corporate scandals are reflected in excessive top management compensation and fraudulent accounts ...

People behave pro-socially in a wide variety of situations that standard economic theory is unable to explain. Social comparison is one explanation for such pro-social behavior: people contributeif others contribute or cooperate as well....

People spend more and more time commuting and often find it a burden. According to economics, the burden of commuting is chosen when compensated either on the labor or on the housing market so that individuals utility is equalized....

One can be independent, or subject to decisions made by others. This paper empirically tests whether individuals attach an intrinsic value to the institutional difference between independence and hierarchy ...

Empirical evidence is provided for the importance of non-reciprocal pro-social behavior of individuals in an anonymous, n-person pure public good setting. A unique panel data set of 136,000 observations is matched with an extensive survey....

Moderne Ökonomie und Sozialpsychologie beschäftigen sich beide mit der Erklärungmenschlichen Verhaltens. Dieser Artikel gibt eine Übersicht über die Interaktion zwischen denbeiden Wissenschaften...