Narrow search
Showing 1 - 10 of 15,596
Cover Image
The fear of exclusion: Individual effort when group formation is endogenous
Brekke, Kjell Arne; Nyborg, Karine; Rege, Mari - 2005
To secure their membership in a popular group, individuals may contribute more to the group’s local public good than they would if group formation were exogenous. Those in the most unpopular group do not have this incentive to contribute to their group. Substantial differences in individual...
Persistent link: https://www.econbiz.de/10010284501
Cover Image
Moral hazard and clear conscience
Miettinen, Topi - 2007
We consider guilt averse agents and principals and study the effects of guilt on optimal behavior of the principal and the agent in a moral hazard model. The principal's contract proposal contains a target effort in addition to the monetary incentive scheme. By accepting the agreement, the...
Persistent link: https://www.econbiz.de/10010263824
Cover Image
Knight fever : towards an economics of awards
Frey, Bruno S. - 2005
Awards in the form of orders, medals, decorations and titles are ubiquitous in monarchies and republics, private organizations, not-for-profit and profit-oriented firms. Nevertheless, economists have disregarded this kind of non-material extrinsic incentive. The demand for awards relies on an...
Persistent link: https://www.econbiz.de/10010261193
Cover Image
Crime, punishment and social norms
Weibull, Jörgen W.; Villa, Edgar - 2005
We analyze the interplay between economic incentives and social norms when individuals decide whether or not to engage in criminal activity. More specifically, we assume that there is a social norm against criminal activity and that deviations from the norm result in feelings of guilt or shame....
Persistent link: https://www.econbiz.de/10010281166
Cover Image
A Mass Phenomenon: The Social Evolution of Obesity
Strulik, Holger - 2012
This paper proposes a theory for the social evolution of obesity. It considers a society, in which individuals … others. The theory explains why, ceteris paribus, poor persons are more prone to be severely overweight although eating is … overweight and how an originally lean society arrives at such a steady-state. Extensions of the theory towards dietary choice and …
Persistent link: https://www.econbiz.de/10010294431
Cover Image
The contested concept of growth imperatives: Technology and the fear of stagnation
Richters, Oliver; Siemoneit, Andreas - 2018
Economic growth has become a prominent political goal worldwide, despite its severe conflicts with ecological sustainability. Are "growth policies" only a question of political or individual will, or do "growth imperatives" exist that make them "inescapable"? We structure the debate along two...
Persistent link: https://www.econbiz.de/10011929520
Cover Image
Consumer behavior and the aspiration for conformity and consistency
Göbel, Markus; Schneider, Andrea; Thomas, Tobias - 2006
The (socio-)psychological concepts of individual aspiration for conformity and consistency are integrated into the rational-choice framework. By using this integrative approach it is shown that after a shock the aspiration for conformity results in an equilibrium which deviates from the homo...
Persistent link: https://www.econbiz.de/10010263455
Cover Image
Jefficiency vs. efficiency in social network models
Moebert, Jochen - 2006
The mainly used welfare criterion in the social network literature is Bentham´s utilitarian concept. The shortcomings of this concept are well-known. We compare the outcomes of the utilitarian concept with the Nash social welfare function. By using a Taylor approximation we deduce a formula...
Persistent link: https://www.econbiz.de/10010267071
Cover Image
An economic theory of religious belief
Strulik, Holger - 2016
In this paper I consider how individuals allocate their time between church attendance (and other religious activities) and secular leisure activities. Moreover individuals use a cognitive style, which is either intuitive-believing or reflective-analytical. I assume that the full benefit from...
Persistent link: https://www.econbiz.de/10011437619
Cover Image
Social interactions in the labor market
Grodner, Andrew; Kniesner, Thomas J.; Bishop, John A. - 2011
We examine theoretically and empirically social interactions in labor markets and how policy prescriptions can change dramatically when there are social interactions present. Spillover effects increase labor supply and conformity effects make labor supply perfectly inelastic at a reference group...
Persistent link: https://www.econbiz.de/10010280680