When purchasing a financial product, investors may actively decide upon the risk they take. This paper analyzes the impact of investors' personal characteristics, location-based demographic factors and transaction-specific trading surroundings on their risk taking in the market of speculative...

This paper aims at the evaluation of cultural activity aspects from the 66 microregions of the state of Minas Gerais by creating a comparable index, the DPCA, and by detecting spatial patterns in this index using Exploratory Spatial Data Analysis (ESDA). To study the aspects of cultural...

The growing demand for plasma, especially for the manufacture of therapeutic products, creates an urgent need for a careful discussion on the relative merits of different procurement and allocation systems in a way that addresses the increasing demand while abiding by the prevailing moral values...

Somatic distance, or differences in physical appearance, proves to be extremely important in the gravity model of bilateral trade in conformity with results in other areas of economics and outside of it in the social sciences. This is also true quite independently of survey evidence about...

Cultural differences play an important role in shaping migration patterns. The conventional proxies for cross country cultural differences – such as common language, ethnicity, genetic traits or religion – implicitly assume that cultural proximity between two countries is constant over time...

We construct a database, with global coverage, that provides measures of the cultural and environmental characteristics of the pre-industrial ancestors of the world's current populations. In this paper, we describe the construction of the database, including the underlying data, the procedure to...

The diversity of social interaction within economic communities affects productivity and growth, and is itself shaped by economic conditions. These reciprocal effects raise the possibility of multiple equilibria, of setting a socially polarized economy stagnating in poverty on a new path of...

This research explores the historical roots of the division of labor in pre-modern societies. It advances the hypothesis and establishes empirically that intra-ethnic diversity had a positive effect on the division of labor across ethnicities in the pre-modern era. Exploiting a variety of...

Anti-social behaviours are costly to organizations, and the ability to identify predictors of such behaviours can be valuable. In this paper, we used a within-subjects laboratory design to study choices in the well-known (hypothetical) Trolley problem as well as in a real payoff money-burning...

Die digitale Wirtschaft stellt an die Politik in mehreren Bereichen Anforderungen. Insbesondere muss die Wettbewerbspolitik gewährleisten, dass Internetplattformen ihre Marktmacht nicht künstlich ausweiten und dass andere Marktteilnehmer ihre Rechte gegenüber marktmächtigen Plattformen...