This study is encouraged to apply the methodology of economics to investigate the issue of gender selection of the traditional parents in China, which has been widely noted from the perspective of sociology. It is firstly argued that traditional society of China is a good object for economic...

Amartya Sen (1933-) is one of the greatest scholars who studied the relationship between ethics and economics and was held the Nobel Economics Prize thanks to this. At the awarding of the Nobel prize, while talking about his studies, the motive was: “...has been highly instrumental in...

While formal institutions are recognized as having an effect on trust formation, no theoretical or empirical models exist to formalize this relationship. This study introduces a new conceptual framework to explain trust building by individuals and the role that formal rules and laws may play in...

The recent global crisis has forced many countries to a tight fiscal discipline. As a consequence, the cultural sectors in those countries have experienced severe budget cuts. In this context, disparate suggestions for additional sources of revenue available to public institutions have emerged....

Whether the danger invoked is nuclear war or genetically modified foods, far more people in some countries than in others say they are afraid. Using data from six surveys, I show that the levels of reported fear of different dangers correlate strongly across both individuals and countries. I...

Many households in developing countries often have difficulty in smoothing consumption through formal credit channels. In turn, many rely on social (informal) networks. While this topic has been explored extensively in the literature on rural areas, the urban scene remains largely...

A kultúra demokratizálódása az állami szerepvállalás megváltozásához vezetett. Az Európai Unió tagállamainak kultúrafinanszírozásában - a kulturális szféra növekedése szempontjából - az állami szerepvállalás meghatározó jelentőségű, eltérés a célterület és a...

This paper proposes a simple framework to model social preferences in a game theoretic framework which explicitly separates economic incentives from social (context) effects. It is argued that such a perspective makes it easier to analyse contextual effects. Moreover, the framework is used to...

This study investigates the impact of ethnic identity on Albanian, Bulgarian, Romanian, Georgian, and Russian wages in Greece. Treating ethnic identity as a composite of language, cultural habits, ethnic-self identification, societal interaction, and future citizenship plans, the estimations...

This paper examines the effects that windfalls from international commodity price booms have on net foreign assets in a panel of 145 countries during the period 1970-2007. The main finding is that windfalls from international commodity price booms lead to a significant increase in net foreign...