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Observational evidence suggests that social trust and the closely related concept of social capital play a critical role in compliance with government policy, particularly in regards to public responsiveness to measures intended to curb the spread of the novel coronavirus. We use a survey...
Persistent link: https://www.econbiz.de/10013229689
In the laboratory experiment reported in this paper we explore how evolving institutions and social norms, which we label 'culture', change individuals' preferences and behaviour in mainland China. From 1949 China experienced dramatic changes in its socio-economic institutions. These began with...
Persistent link: https://www.econbiz.de/10011581634
In the laboratory experiment reported in this paper we explore how evolving institutions and social norms, which we label 'culture', change individuals' preferences and behaviour in mainland China. From 1949 China experienced dramatic changes in its socio-economic institutions. These began with...
Persistent link: https://www.econbiz.de/10012978949
When it comes to trading time for money (or vice versa), people tend to be impatient and myopic. Often dramatically so. For illustration, half of people would rather collect $15 now than $30 in three months. This willingness to forego 50% of the reward to skip a 3-month wait corresponds to an...
Persistent link: https://www.econbiz.de/10012893915
This paper presents an experimental investigation of persuasion bias, a form of bounded rationality whereby agents communicating through a social network are unable to account for possible repetitions in the information they receive. The results indicate that network structure plays a...
Persistent link: https://www.econbiz.de/10013093456
Smart city policy approaches have been gradually transitioning in parallel with data policy regulations. This is the case for Barcelona, which has been executing its policy framework called ‘data commons’ with the goal of further grassroots-led urban experimentations. This paper examines to...
Persistent link: https://www.econbiz.de/10014107210
People who are members of a group and identify with it behave differently from people who perceive themselves as isolated individuals. This difference depends on two main factors. First, preferences over outcomes change with the degree of identification with the group. Second, this...
Persistent link: https://www.econbiz.de/10013243734
Emile Durkheim said that when all of the members of a tribe or clan come together, they can sanctify the sacred and experience a spiritual “effervescence.” Friedrich Hayek suggested that certain genes and instincts still dispose us toward the ethos and mentality of the hunter-gatherer band,...
Persistent link: https://www.econbiz.de/10013068335
This paper investigates the impact of game presentation dependent on ethnical affiliation. Two games representing the same logical and strategical problem are introduced. Presented games are continuous prisoner's dilemma games where decision makers can choose an individual level of cooperation...
Persistent link: https://www.econbiz.de/10003782266
This paper sheds some light on the link between participation to voluntary associations and trusting strangers. Through a traditional trust game, I examine participants' behaviour in the light of their involvement in different types of voluntary associations. This involvement is measured as...
Persistent link: https://www.econbiz.de/10012724662