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We use survey and experimental data to explore how effort choices and preferences for redis-tribution are linked. Under standard preferences, redistribution would reduce effort. This is different with social preferences. Using data from the World Value Survey, we find that respondents with...
Persistent link: https://www.econbiz.de/10009535064
Building on a theoretical model we test the hypothesis that effort choices and preferences for redistribution are simultaneously determined. Using cross-country panel data from the World Value Survey, we find that it is important to model preferences for redistribution and effort choices...
Persistent link: https://www.econbiz.de/10009535110
Building on a theoretical model we test the hypothesis that effort choices and preferences for redistribution are simultaneously determined. Using cross-country panel data from the World Value Survey, we find that it is important to model preferences for redistribution and effort choices...
Persistent link: https://www.econbiz.de/10009751314
not need explicit information about their counterpart's choice to learn their risk preference. There are characteristic …
Persistent link: https://www.econbiz.de/10012850782
information about (un)cooperative behavior in other, unrelated, groups. We observe that contributions are considerably sensitive … to such selective information. First impressions participants happen to make predict subsequent behavior. Our results …
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Behavioral law and economics applies the conceptual tools of behavioral economics to the analysis of legal problems and legal intervention. These models, and the experiments to test them, assume an institution free state of nature. In modern societies, the law’s subjects never see this state...
Persistent link: https://www.econbiz.de/10011779280