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the fundamental conflict between social welfare maximization and individual utility maximization. The basic workhorse for … modelling this conflict is the voluntary contribution of a group of individuals to a public good. The common element of the …
Persistent link: https://www.econbiz.de/10014072823
fundamental conflict between social welfare maximization and individual utility maximization. The basic workhorse for modelling … this conflict is the voluntary contribution of a group of individuals to a public good. The common element of the …
Persistent link: https://www.econbiz.de/10010325435
Persistent link: https://www.econbiz.de/10014552794
Economics students have been shown to exhibit more selfishness than other students. Because the literature identifies the impact of long-term exposure to economics instruction (e.g., taking a course), it cannot isolate the specific course content responsible; nor can selection, peer effects, or...
Persistent link: https://www.econbiz.de/10011528153
Trustful and trustworthy behaviors have important externalities for the society. But what exactly drives people to behave in a trustful and trustworthy manner? Building on research suggesting that individuals' social preferences might be a common factor informing both behaviors, we study the...
Persistent link: https://www.econbiz.de/10011488578
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fairness, as an imposed sequence of offers, as a source of transaction cost and as a species of conflict. Also discussed is the …
Persistent link: https://www.econbiz.de/10010290331
Persistent link: https://www.econbiz.de/10003756692