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This paper argues that preference change could explain, in part, the growth of within-group wage inequality in the USA and the UK in the 1980s. The absence of such preference change in continental European countries might also help explain why their wage inequality did not rise in the same way....
Persistent link: https://www.econbiz.de/10005193458
This paper offers an explanation of European cross country differences in the trust enjoyed by television. Our argument turns on the way that, while there is significant public ownership of television in all countries (so that trust in broadcasting as a whole is bound to depend importantly on...
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We test the portability of level‐0 assumptions in level‐k theory in an experimental investigation of behavior in Coordination, Discoordination, and Hide and Seek games with common, non‐neutral frames. Assuming that level‐0 behavior depends only on the frame, we derive hypotheses that are...
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This article examines, experimentally, whether inequality affects the social capital of trust in non-market and market settings. We consider three experimental treatments, one with equality, one with inequality but no knowledge of the income of other agents, and one with inequality and...
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