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population migrates. Given that individuals dislike low relative income, and that migration modifies the social space of the non …-migrants, we show why and how the non-migrants adjust their work effort and output in response to the migration-generated change in … their social space. When migration is negatively selective such that the least productive individual departs, the output of …
Persistent link: https://www.econbiz.de/10011998904
population migrates. Given that individuals dislike low relative income, and that migration modifies the social space of the non …-migrants, we show why and how the non-migrants adjust their work effort and output in response to the migration-generated change in … their social space. When migration is negatively selective such that the least productive individual departs, the output of …
Persistent link: https://www.econbiz.de/10012005984
We use quantifiers and selection functions to generalize the classical economic approach to choice. Our framework encompasses preference and utility based approaches as special cases, but also extends to non-maximizing behavior and context-dependent motives such as social concerns. We adapt the...
Persistent link: https://www.econbiz.de/10011490505
We provide new evidence on the extent that survey items in the Preference Survey Module and the resulting Global Preference Survey measuring social preferences - trust, altruism, positive and negative reciprocity - predict behavior in corresponding experimental games outside the original student...
Persistent link: https://www.econbiz.de/10012805359
Political polarization has ruptured the fabric of U.S. society. I quantify this phenomenon through the use of 5 pre-registered studies, comprising 15 behavioral experiments and a diverse set of over 8,600 participants. The focus of this paper is to examine various behavioral-, belief-, and...
Persistent link: https://www.econbiz.de/10012513376
Social preferences facilitate the internalization of health externalities, for example by reducing mobility during a pandemic. We test this hypothesis using mobility data from 258 cities worldwide alongside experimentally validated measures of social preferences. Controlling for time-varying...
Persistent link: https://www.econbiz.de/10012614767
The inclination of individuals to improve their performance when it lags behind that of others with whom they naturally compare themselves can be harnessed to optimize the individuals' effort in work and study. In a given set of individuals, we characterize each individual by his relative...
Persistent link: https://www.econbiz.de/10012419100
Economic theory and empirical evidence establish that economic preferences predict behavior and life outcomes for children, adolescents, and adults. In this paper, we use novel data on 4,282 siblings aged 6 to 16 that combine incentivized measures of time, risk, and social preferences with...
Persistent link: https://www.econbiz.de/10012232056
About 15 years ago, economic experiments with children and adolescents were considered as an extravagant niche of economic research. Since then, this type of research has exploded in scope and depth. It has become clear that studying the development of economic behavior and its determinants is...
Persistent link: https://www.econbiz.de/10011949208
Delineation of someone's ownership typically involves the sense of deservedness: the property right is respected as long as the owner deserve to own the object. Objectively, deservedness is often linked to one's actions or specific attributes that justify the owner's claims. We argue that people...
Persistent link: https://www.econbiz.de/10011916543