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India saw economic downturn in 2018 due to various reasons, slipping from the tag of world fastest economy, moody amended India’s outlook to negative, unemployment rate were at 6.1% highest ever since 45 years, also registered electric generation growth at 1.8% lowest since 1990 accompanied by...
Persistent link: https://www.econbiz.de/10013323360
COVID-19 known as a novel Coronavirus in entire world when first case of acute pneumonia found in Wuhan, China in 2019 with severe viral infection. Coronavirus have been still able to maintain its fear and panic among in every country and every individual. At a side where macroeconomics is...
Persistent link: https://www.econbiz.de/10013323361
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...
Persistent link: https://www.econbiz.de/10013243172
criteria is to maximise their direct effects. In this model individuals decide to consume for a given motive (e.g., eating less … meat for the environment) based on other decisions undertaken for the same motive (e.g., buying organic food for the … motive they are undertaken for. When they perceive these decisions as substitutable, nudges triggering a preference for …
Persistent link: https://www.econbiz.de/10013246178
Part 1 Explicit economic incentives designed to increase contributions to public goods and to promote other pro-social behavior sometimes are counterproductive or less effective than would be predicted among entirely self-interested individuals. This may occur when incentives adversely affect...
Persistent link: https://www.econbiz.de/10011007719
Part 2 In the second part of the paper concrete forms and examples of the effects of incentives on the social preferences are shown and experiments are described where these effects occur. The authors claim that the negative consequences of the incentives are connected less to the incentives...
Persistent link: https://www.econbiz.de/10010860887
Explicit economic incentives designed to increase contributions to public goods and to promote other pro-social behavior sometimes are counterproductive or less effective than would be predicted among entirely self-interested individuals. This may occur when incentives adversely affect...
Persistent link: https://www.econbiz.de/10010611113
We develop and model a two-stage incentivized intervention to promote pro-sociality. In the first stage, participants are incentivized to complete a compound task consisting of a targeted pro-social activity and a complement activity. In the second stage, participants are incentivized to...
Persistent link: https://www.econbiz.de/10011266051
Persistent link: https://www.econbiz.de/10012822873
This article refines the theory of economic agents’ motivations beyond the alternative between egoistic self-interest and a generic altruism. It addresses the potential weakness of ‘altruism’ theories that the number of ‘others’ claiming empathy and care is potentially infinite. It...
Persistent link: https://www.econbiz.de/10010577423