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various contributions of this neuroeconomic approach to three main economic domains: The individual decision-making, the risk …
Persistent link: https://www.econbiz.de/10008680232
Abstract This note offers two comments on the article “Social Influences towards Conformism in Economic Experiments” by Hargreaves Heap that is to appear in the Economics e-Journal. One relates to the concept of conformism, the other lines out some phenomena where an explicit recognition of...
Persistent link: https://www.econbiz.de/10011210871
learned regarding the influence of gender composition on committee decision-making more generally. …
Persistent link: https://www.econbiz.de/10005645464
Each member of a group receives a signal about the unknown state of the world and decides upon a utility-maximizing recommendation on the basis of that signal. The individuals have identical preferences. The group makes a decision that maximizes the common utility function assuming perfect...
Persistent link: https://www.econbiz.de/10010738411
over individuals in decision-making depends on the group composition. Our study used susceptibility to the framing effect … as a measure of decision quality. Individuals were assigned to one of two perspectives on a choice problem. The … asked to consider the same (or a related) choice problem as a group. Homogeneous groups were composed of similarly framed …
Persistent link: https://www.econbiz.de/10010577342
The paper presents the main results of a study on income distribution during 1995-2008 years, which central concern is the measurement of income inequality and polarization in Romania. A set of indices (S80/S20, Gini, Atkinson and Theil, for inequality; Foster-Wolfson, Milanovic, Wang-Tsui,...
Persistent link: https://www.econbiz.de/10008924836
Koreans, regardless of gender composition, were willing to take greater risks when making decisions in group decision-making …
Persistent link: https://www.econbiz.de/10008614929
This article presents the results of a study devoted to the measurement of the income polarization in Romania. In the first part the key methodological issues of measuring polarization are addressed, with emphasis on the polarization indices. To measure the polarization of the household incomes...
Persistent link: https://www.econbiz.de/10009151355
Numerous indices measuring the degree of heterogeneity or homogeneity of small and large social entities exist. However, only recently has interest in multidimensional inequality and diversity grown. The novelty lies in looking at multiple dimensions of diversity simultaneously by asking how it...
Persistent link: https://www.econbiz.de/10010634185
In this paper, which is concerned with philosophical methodology as it might affect social science and ethics, the endeavor is to explore the depth and implications of Buchanan’s interest in Spinoza. After establishing their connection, the paper explores the parallels between Spinoza’s...
Persistent link: https://www.econbiz.de/10010987920