Numerous economic, sociological and psychological studies show that job loss leads to the major decline of social position measured by various indicators like income level, subjective wellbeing, life chances, job-search abilities. Job loss also leads to the serious downfall of subjective social...

Russian Abstract: Для оценки социально-экономической защищенности хозяйствующего субъекта есть довольно большое количество так называемых риск-прогнозных способов,...

Russian Abstract: Очевидная проблематичность изучения указателей социально-экономической безопасности заключается в выработке конкретных критериев и пороговых...

English abstract: This article discusses different definitions of institutions and their terminological ambivalence. Such an ambivalence is the result of a lack of interest in the structural characteristics of institutions. This do not allow researchers to use the methodological potential of...

We show that individuals residing in highly entrepreneurial neighborhoods are more likely to become entrepreneurs and invest more in their own businesses, even though their entrepreneurial profits are lower and their alternative job opportunities more attractive. These findings are robust to the...

This paper models how imperfect memory affects the optimal continuity of policies. We examine the choices of a player (individual or firm) who observes previous actions but cannot remember the rationale for these actions. In a stable environment, the player optimally responds to memory loss with...

Socio-economic decisions are commonly explained by rational cost vs. benefit considerations, whereas person variables have not usually been considered. The present study aims at investigating the degree to which dispositional power motivation and affective states predict socio-economic...

Research in sociology and ethics suggests that individuals adhere to social norms of behavior established by their peers. Within an agency framework, we model endogenous social norms by assuming each agent's cost of implementing an action depends on the social norm for that action, defined to be...

This paper compares the characteristics of Mamp;A in 1991-2005 across five countries: Japan, France, Germany, the UK and USA. We ask what factors explain the growth of Mamp;A markets across these countries, and what similarities and differences exist in the ways the Mamp;A market operates. We...