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The ultimatum game undoubtely lists the largest experimental literature of the past three decades. In this article, we focus on the choice of the proposer of the ultimatum game and the explanatory variables that may influence the amount offered. We perform a meta-analysis with a total of 97...
Persistent link: https://www.econbiz.de/10011207218
The microeconomic analysis of poverty in Peru shows the following results. First, poverty is mainly explained by the income of the poor which is not only low, but also highly unstable. Second, poverty is related to the poor’s bad decision making due to incomplete information, intertemporal...
Persistent link: https://www.econbiz.de/10010558662
the incorporation of trust-building measures that encourage cooperation. In this paper, we trace this shift. We first …
Persistent link: https://www.econbiz.de/10010558785
Much recent research has investigated whether values, social norms, and attitudes differ across countries and whether these differences have measurable effects on economic behavior. One area in which such studies are particularly relevant is tax compliance, and a factor that has been suggested...
Persistent link: https://www.econbiz.de/10010559530
Game theorists typically assume that changing a game’s payoff levels—by adding the same constant to, or subtracting it … the direction predicted by certain– and possible–loss avoidance. Our results carry implications for games with multiple … equilibria, and for theories that attempt to select among equilibria in such games. …
Persistent link: https://www.econbiz.de/10010565739
Persistent link: https://www.econbiz.de/10014848960
Purpose – This study aims to explore the economic impact of the Great Recession on consumers' economic attitudes and behaviors. Design/methodology/approach – Data were collected through a questionnaire completed by 2,120 subjects. Eight propositions involving six constructs (i.e....
Persistent link: https://www.econbiz.de/10014848978
Purpose The financially excluded are often denied basic financial services from mainstream banking institutions, leading them to high-cost fringe finance institutions (FFIs) such as payday loan companies and pawnshops. While strategies to address financial exclusion often include financial...
Persistent link: https://www.econbiz.de/10014867044
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