In diesem Beitrag geht es um subjektive Gerechtigkeitsvorstellungen, nicht Gerechtigkeit an sich, da erstere im Gegensatz zu letzterer empirisch feststellbar und handlungswirksam sind. Allerdings müssen ihre Folgen nicht nur gute sein. Gerechtigkeitsvorstellungen können erstens die...

Strong growth in disposable income has driven, and is still driving, consumption to unprecedented, but not sustainable levels. To explain the dynamic interplay of needs, need satisfaction, and innovation underlying that growth a behavioral theory of consumption is suggested and discussed with...

Modern economics, whether in the orthodox tradition of Paul Samuelson or the heterodox tradition of Ludwig von Mises, ultimately looks to explain economic outcomes, that is, the effects of human action. In their own way, neither distinguish the consequences of human action from the origins of...

We contribute to the literature on the effects of personality traits on labour market outcomes focusing on time mismanagement as an underlying mechanism. We document differences in time allocation to the labour market by different personality types in the UK and show how they may account for...

Organization design is a new aspect of organization study that has arisen due linking the organization to individual psychology and the direct link it enables between daily staff behaviour to organization strategy, which in turn is linked to the national economy. Traditional global best practice...

Hypothetical stock market investment experiment in six countries reveals that after controlling for the average profit in the whole stock market subjects prefer losing money rather than gaining money as long as their so-called "friends" lose more money. The sad result is that only 8.2% of the...

The all-inclusive system has been highly developed in different countries of the Caribbean. This paper shows a comparative analysis of two established destinations such as Cancun and Puerto Plata in order to know the sociodemographic profile and valuation of the all-inclusive system of tourists...

Objective – The objective of this paper is to unfold the nature of excessive behavior in the Islamic economics framework.Methodology/Technique – This is a library research based on the various studies that specifically discuss excessive behavior and Islamic consumer behavior. The study uses...

Charitable donations provide positive externalities and can potentially be increased with an understanding of donor preferences. We obtain a uniquely comprehensive characterization of donation motives using an experiment that varies treatments between and within subject. Donations are increasing...

Societal inequalities – mainly, economic – are a topical subject. Given the dominance of large business corporations in the US and Canada, an important question is about corporations’ role in shaping the socioeconomic trends, including inequality. "Beyond Shareholder Value - A Framework...