Similar Search Results

Reconciling Altruistic, Moralistic, and Ethical Behavior with the Rational Economic Agent and Competitive Markets

Altman, Morris - 2010

Contrary to some of the leading critiques of neoclassical theory, I argue that this theoretical framework can incorporate the moral dimension into the modeling of economic agents when the consequences of their choices are not answerable to market forces. Neoclassical theory, broadly defined,...

Persistent link: https://www.econbiz.de/10014199020

Equity Stakes and Exit : An Experimental Approach to Decomposing Exit Delay

Elfenbein, Daniel W. - 2015

costs and uncertainty. We construct a laboratory experiment that enables us to compare the timing of participants' exit …

Persistent link: https://www.econbiz.de/10013034037

Investment in Outside Options as Opportunistic Behavior : An Experimental Investigation

Morita, Hodaka - 2018

Ex-post opportunistic behavior, commonly present in bilateral trade relationships, is a key element of the transaction cost economics. Investment in outside options is a prime example of such opportunism and often leads to inefficiency, for example by exerting effort to search for alternative...

Persistent link: https://www.econbiz.de/10012937593

Donations, risk attitudes and time preferences : a study on altruism in primary school children

Angerer, Silvia; Glätzle-Rützler, Daniela; … - 2014

We study with a sample of 1,070 primary school children, aged seven to eleven years, how altruism in a donation … experiment is related to children's risk attitudes and intertemporal choices. Examining such a relationship is motivated by … theories of reciprocal altruism that provide a cornerstone to understand human social behavior. We find that higher risk …

Persistent link: https://www.econbiz.de/10010257602

Gender preference gaps and voting for redistribution

Ranehill, Eva; Weber, Roberto A. - 2021 - Revised version, December 2021

preferences requires an improved understanding. We conduct an experiment in which individuals in small laboratory "societies …

Persistent link: https://www.econbiz.de/10012815445

A behaviorally-validated warm glow questionnaire

Carpenter, Jeffrey P.; Lyford, Alex; Zhang, Mingfang - 2023

incentive compatible, is costly and time consuming, making it infeasible in many settings. We combine standard altruism and warm … altruism and provide an alternative method for collecting warm glow preferences. …

Persistent link: https://www.econbiz.de/10014286994

A Note on Rothbardian Decision-Making Rents

Topan, Mihai Vladimir - 2011

In his Man, Economy, and State, Murray Rothbard introduces the catallactic function of decision-making owner, and the correspondent income of decision-making ability rent. These are supposed to exist both in ERE (they are, therefore, distinct from the capitalist function and his income, from...

Persistent link: https://www.econbiz.de/10014185319

Network Horizon and the Sustainability of Network-based Competitive Advantage

van Liere, Diederik W.; Koppius, O. - 2007

Recognizing advantageous network positions is key for firms to obtain and sustain competitive advantage. Exploiting these opportunities requires that firms have information about the network structure. We introduce a construct called network horizon to capture this information. We demonstrate,...

Persistent link: https://www.econbiz.de/10014052815

Price Discrimination, Algorithmic Decision-making, and European Non-discrimination Law

Zuiderveen Borgesius, Frederik - 2020

Our society can benefit immensely from algorithmic decision-making and similar types of artificial intelligence. But algorithmic decision-making can also have discriminatory effects. This paper examines that problem, using online price differentiation as an example of algorithmic...

Persistent link: https://www.econbiz.de/10014105508

Principal Costs : A New Theory for Corporate Law and Governance

Goshen, Zohar - 2017

The problem of managerial agency costs dominates debates in corporate law. Many leading scholars advocate reforms that would reduce agency costs by forcing firms to allocate more control to shareholders. Such proposals disregard the costs that shareholders avoid by delegating control to managers...

Persistent link: https://www.econbiz.de/10012972091