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This paper reviews the literature on policies aiming to improve the rule of law and the operation of a legal system. It takes a bottom up perspective of clients seeking access to justice and uses transaction costs on the market for justice as a criterion to evaluate justice policies. Most...
Persistent link: https://www.econbiz.de/10014203922
Contract enforcement does not only affect single transactions but the market as a whole. We compare alternative institutions that allocate enforcement rights to the different parties to a credit transaction: either lenders, borrowers, or judges. Despite all parties having incentives to enforce...
Persistent link: https://www.econbiz.de/10014050946
Using the results of a pre-registered online experiment, this paper examines how information about a corruption in a group can affect intergroup relations. Corruption indices are not only a valuable tool for investors and policymakers to make informed decisions, but can also lead to statistical...
Persistent link: https://www.econbiz.de/10014358537
There is abundant evidence on individual preferences for policies that reduce national inequality, but only little evidence on preferences for policies addressing global inequality. To investigate the latter, we conduct a two-year, face-to-face survey experiment on a representative sample of...
Persistent link: https://www.econbiz.de/10013231987
We investigate the norm of just deserts and its effect on honesty. Just deserts is an essential norm in a market society, and honesty is an important factor in economic and social exchange. In particular, we analyze what happens when the social distributive rules betray the reasonable...
Persistent link: https://www.econbiz.de/10011729119
to take risks, patience, altruism, positive and negative reciprocity as well as trust. Gender differences in preferences …
Persistent link: https://www.econbiz.de/10011959917
Some of today's most heated policy debates about Brexit, trade wars, climate change abatement, and migration involve redistribution of resources within a given country (national redistribution) and between countries (global redistribution). Nevertheless, theories and evidence on preferences for...
Persistent link: https://www.econbiz.de/10012846318
There is abundant evidence on individual preferences for policies that reduce national inequality, but only little evidence on preferences for policies addressing global inequality. To investigate the latter, we conduct a two-year, face-to-face survey experiment on a representative sample of...
Persistent link: https://www.econbiz.de/10012507321
This paper incorporates compassion into social preferences and tracks individuals' choices over ten allocation decisions, categorizing participants' behavior more precisely than previous work. We provide important evidence relevant to the on-going debate as to whether social preferences are...
Persistent link: https://www.econbiz.de/10014209940
Persistent link: https://www.econbiz.de/10011915972