Showing 1 - 10 of 1,749
Cooperation among people who are not related to each other is sustained by the availability of punishment devices which help enforce social norms (Fehr and Gc̃hter, 2002). However, the rationale for costly punishment remains unclear. This paper reports the results of an experiment investigating...
Persistent link: https://www.econbiz.de/10003316486
Cooperation among people who are not related to each other is sustained by the availability of punishment devices which help enforce social norms (Fehr and Gächter, 2002). However, the rationale for costly punishment remains unclear. This paper reports the results of an experiment investigating...
Persistent link: https://www.econbiz.de/10013317600
We explore how leadership affects a dynamic public goods game. Using an experimental setting where cooperation gains can be reinvested, our findings suggest that leadership has a positive impact on final wealth of the groups. Additionally, we also observe that leadership has a positive effect on...
Persistent link: https://www.econbiz.de/10012897774
While inequality in resource endowments has been shown to affect cooperation levels in groups, much of this evidence comes from studies of within-group inequality. In an online public goods experiment, we instead examine the effects of payoff-irrelevant inequality in resources between groups on...
Persistent link: https://www.econbiz.de/10014500522
In this paper, we propose the use of new stochastic dominance tests to achieve a more robust analysis of relative welfare levels in the study of income distributions. In particular, we propose applying the theory of descending stochastic dominance to enrich results that are obtained using the...
Persistent link: https://www.econbiz.de/10013023049
In this paper, we defend the idea of the potential existence of equilibrium in personal income distribution in Germany. This concept can be motivated by two different approaches: One is a status theory put forward by Gerold Blümle, the other is a sort of hybrid variant of the prospect theory,...
Persistent link: https://www.econbiz.de/10009490522
Empirical studies have shown that preferences for redistribution are significantly correlated with expectations of future mobility and the belief that society offers equal opportunities. We add to previous research by investigating the role of individual and social norms on rent seeking. We find...
Persistent link: https://www.econbiz.de/10010369526
In this paper, the amount of income redistribution in the United States, the European Union, and Switzerland is compared and empirically related to economic, political, and behavioral determinants elaborated in the literature. Lying in between the two poles, Switzerland provides unique evidence...
Persistent link: https://www.econbiz.de/10003894063
In this paper, the amount of income redistribution in the United States, the European Union, and Switzerland is compared and empirically related to economic, political, and behavioral determinants elaborated in the literature. Lying in between the two poles, Switzerland provides unique evidence...
Persistent link: https://www.econbiz.de/10003909517
The model describes a two person economy, in which one individual with positive exogenous income is altruist towards an individual with no income. The rich individual cares for her own social status. She evaluates her status by comparing disposable net cash incomes. When deciding on the size and...
Persistent link: https://www.econbiz.de/10009746177