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Targeted Advertising and Social Status
Vikander, Nick - 2011
This paper shows how a firm can use non-targeted advertising to exploit consumers' desire for social status. A monopolist sells multiple varieties of a good to consumers who each care about what others believe about his wealth. Advertising allows consumers both to buy different varieties and to...
Persistent link: https://www.econbiz.de/10010325736
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Protestant Ethic, Status Seeking, and Economic Growth
Rauscher, Michael - 1997
Commodities do not only serve the purpose of satisfying direct needs in the production and con-sumption process. Some of them can also be used to display social status and to affect the position of an individual in society. This paper addresses the question under which circum-stances...
Persistent link: https://www.econbiz.de/10010319306
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Religiosity as a determinant of happiness
Gundlach, Erich; Opfinger, Matthias - 2011
We find a U-shaped relation between happiness and religiosity in cross-country panel data after controlling for income levels. At a given level of income, the same level of happiness can be reached with high and low levels of religiosity, but not with intermediate levels. A rise in income causes...
Persistent link: https://www.econbiz.de/10010293520
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Religiosity as a determinant of happiness
Gundlach, Erich; Opfinger, Matthias - 2011
We find a U-shaped relation between happiness and religiosity in cross-country panel data after controlling for income levels. At a given level of income, the same level of happiness can be reached with high and low levels of religiosity, but not with intermediate levels. A rise in income causes...
Persistent link: https://www.econbiz.de/10010289012
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Charitable giving among females and males: An empirical test of the competitive altruism hypothesis
Böhm, Robert; Regner, Tobias - 2012
We conduct a real-effort task experiment where subjects' performance translates into a donation to a charity. In a within-subjects design we vary the visibility of the donation (no/private/public feedback). Confirming previous studies, we find that subjects' performance increases, that is, they...
Persistent link: https://www.econbiz.de/10010291810
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Honestly, why are you donating money to charity? An experimental study about self-awareness in status- seeking behavior
Kataria, Mitesh; Regner, Tobias - 2012
This study investigates experimentally whether people in retrospective are self-aware that they engage in status-seeking behavior. Subjects participated in a real-effort task where effort translated into a donation to a charity. Within-subjects we varied the visibility of their performance...
Persistent link: https://www.econbiz.de/10010291831
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Talking about the pigou paradox: Socio-educational background and educational outcomes of AlmaLaurea
Caroleo, Floro Ernesto; Pastore, Francesco - 2011
Italy has an immobile social structure. At the heart of this immobility is the educational system, with its high direct, but especially indirect cost, due to the extremely long time necessary to get a degree and to complete the subsequent school-to-work transition. Such cost prevents the...
Persistent link: https://www.econbiz.de/10010282603
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Optimism, pessimism and the unforeseen: Modelling an endogenous business cycle driven by strong beliefs
Sell, Friedrich L. - 2002
Indicators of trust, confidence, optimism or sentiment among consumers and/or investors, are published continuously in the mass media. More importantly, these indices seem not only to reflect how the state of the real economy is perceived by private agents, but can also help predict the future...
Persistent link: https://www.econbiz.de/10010300404
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The Market for liars: Reputation and auditor honesty
McLennan, Andrew; Park, In-Uck - 2003
reputation for honesty. We characterize conditions under which there exists a 'two-tier equilibrium' in which 'reputable …' auditors refuse bribes offered by clients for fear of losing reputation, while 'disreputable' auditors accept bribes because … even persistent refusal does not create a good reputation. The main findings are: (a) honest auditors charge higher fees …
Persistent link: https://www.econbiz.de/10010332213
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Credibility and reputation in peacemaking
Addison, Tony; Murshed, S. Mansoob - 2001
The paper analyses credibility and reputation in the context of peace negotiations. Where war provides economic gains …
Persistent link: https://www.econbiz.de/10010279254