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) the indoctrination effect. We offer an alternative, novel explanation: we argue that these differences can be explained by … tradeoff between profit maximization (market norm) and workers' welfare (social norm). We use priming to manipulate the cues …
Persistent link: https://www.econbiz.de/10014531967
Persistent link: https://www.econbiz.de/10014529016
Since 1950s, most African nations have gained independence from their colonial powers. Fortunately, independence has brought many changes to these nations and these include multi-party democratic government and western education systems. Unfortunately, the Africa's economy is the least developed...
Persistent link: https://www.econbiz.de/10013074888
This paper conducts a systematic comparison of behavioral economics’s challenges to the standard accounts of economic behaviors within three dimensions: under risk, over time and regarding other people. A new perspective on two underlying methodological issues, i.e., interdisciplinarity and...
Persistent link: https://www.econbiz.de/10011809698
This paper provides an introduction to the field of evolutionary economics with emphasis on the evolutionary theory of household behavior. It shows that the goal of evolutionary economics is to improve upon neoclassical economics by incorporating more realistic and empirically grounded...
Persistent link: https://www.econbiz.de/10010390070
Dieser Beitrag untersucht die Arbeiten von Jon Elster zum Problem lokaler Gerechtigkeit. Das Thema dieser Arbeiten sind Rationierungsentscheidungen. Es geht um die Allokation und Distribution knapper Zuteilungsgüter, also etwa um die Vergabe von Kindergarten- oder Studienplätzen, die Zuweisung...
Persistent link: https://www.econbiz.de/10011758000
Recent years have witnessed a growing interest in behavioral trends in both economic theory and practical applications. As a science with vast potential for explaining complex market behaviors, behavioral economics is drifting away from the classical model of homo oeconomicus deployed by...
Persistent link: https://www.econbiz.de/10010520903
In this essay the Author traces back the modern standard theory of economic rationality to the theological backgrond of the theory of Angels as rational decision makers developed by Christian Scholastics.His main conclusion is that there is an identifiable theological background of modern...
Persistent link: https://www.econbiz.de/10013122582
This chapter surveys literature on experimental law and economics. Long the domain of legally minded psychologists and criminologists, experimental methods are gaining significant popularity among economists interested in exploring positive and normative aspects of law. Because this literature...
Persistent link: https://www.econbiz.de/10014023489
Cognitive dissonance is one of the most influential theories in psychology, and its oldest experiential realization is choice-induced dissonance. In contrast to the economic approach of assuming a person's choices reveal their preferences, psychologists have claimed since 1956 that people alter...
Persistent link: https://www.econbiz.de/10014047387