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We investigate the relationship between individual trust and individual economic performance. We find that individual income is hump-shaped in a measure of intensity of trust beliefs. Heterogeneity of trust beliefs in the population, coupled with the tendency of individuals to extrapolate...
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This paper surveys the existing literature on religious and cultural leaders. It discusses potential motivations of a leader and highlights that irrespective of his/her exact motivations, the presence of a leader is crucial for the cultural heterogeneity of a society. The impact of...
Persistent link: https://www.econbiz.de/10011797487
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The behaviour of urban populations is compared with the systems directing behaviour in individuals. This is both a metaphor and a mechanistic parallel. The biological model draws upon recent developments in brain research and psychological and cultural anthropology. The development and operation...
Persistent link: https://www.econbiz.de/10011592053
This paper describes how individuals and groups who had crossed physical, national boundaries', and who live in a different social context make sense of their lives make sense of their lives by re-constructing their identities - of the sense of who they are, and who they want to be, which is an...
Persistent link: https://www.econbiz.de/10011600107
Studies in the social capital literature have documented two stylised facts: first, a decline in measures of social participation has occurred in many OECD countries. Second, and more recently, the success of social networking sites (SNSs) has resulted in a steep rise in online social...
Persistent link: https://www.econbiz.de/10010413616
The evolution of large-scale cooperation among genetic strangers is a fundamental unanswered question in the social sciences. Behavioral economics has persuasively shown that so called "strong reciprocity" plays a key role in accounting for the endogenous enforcement of cooperation. Insofar as...
Persistent link: https://www.econbiz.de/10009298308
Powerful currents have reshaped the structure of families over the last century. There has been (i) a dramatic drop in fertility and greater parental investment in children; (ii) a rise in married female labor-force participation; (iii) a significant decline in marriage and a rise in divorce; (iv)...
Persistent link: https://www.econbiz.de/10011585848
A government bargains a mutually convenient agreement with a multinational corporation to extract a natural resource. The corporation bears the initial investment and earns as a return a share on the profits. The host country provides access and guarantee conditions of operation. Being the...
Persistent link: https://www.econbiz.de/10008699636