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gender and code of ethics on budgetary slack ethical judgment. Design/methodology/approach This study adopts the experimental … indicate that individuals consider budgetary slack more unethical when a code of ethics is present than when it is absent … budgetary slack from an ethical perspective. Additionally, this study contributes to ethics literature by identifying the effect …
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Chetty, Looney and Kroft (2009) find that consumers perceive tax-salience as a price increase, i.e. sales decrease when posting tax-inclusive prices. Using data from their unique experiment, I test whether individuals display inattention to the decimal digits of the price (i.e. left-digit bias)....
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Using a novel laboratory experiment I find that hunger increases monetary impatience. This effect is larger when monetary rewards are immediate, which shows that present bias is a visceral response and can help explain why the poor tend to make more shortsighted economic decisions. Given...
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Many young democracies are characterized by the proliferation of political dynasties, i.e. elected politicians from the same clan spanning across time and across different elected positions. In the Philippines, there has been growing concern that political dynasties are on the rise, as more...
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The theory of expected utility maximization (EUM) proposed by Bernoulli explains risk aversion as a consequence of diminishing marginal utility of wealth. However, observed choices between risky lotteries are difficult to reconcile with EUM: for example, in the laboratory, subjects' responses on...
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