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Opportunity, not welfare : how behavioral insights should lead to a reorientation of the normative foundation in law and economics
Emmerick, Elias van; Dold, Malte - In: Journal of contextual economics : Schmollers Jahrbuch 142 (2022) 1, pp. 21-40
In Fairness versus Welfare (2003), Louis Kaplow and Steven Shavell provide a manifesto for normative law and economics … a preferentialist account of welfare. We argue in this paper that this normative program faces serious challenges from … recent behavioral insights that push back against a core assumption of a preferentialist welfare analysis, i. e., that people …
Persistent link: https://www.econbiz.de/10014518376
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Economic behavior: Evolutionary vs. behavioral perspectives
Witt, Ulrich - 2010
inquire into the agents' preferences and to explain how they relate to the human genetic endowment and how they change over …
Persistent link: https://www.econbiz.de/10010286736
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Overconfidence and gun preferences : how behavioral biases affect your safety
Cafferata, Fernando G.; Domínguez, Patricio; … - 2023
Overconfidence leads to risky behavior, including when people are around guns. Does overconfidence also shape attitudes about gun ownership and use? We evaluate this possibility by conducting nationally representative surveys in six countries in the Americas, including the United States. Results...
Persistent link: https://www.econbiz.de/10014517408
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Relationship of Gender Differences in Preferences to Economic Development and Gender Equality
Falk, Armin; Hermle, Johannes - 2018
Preferences - concerning time, risk and social interactions - systematically shape human behavior, and contribute to … fundamental preferences. Our data consist of 80,000 individuals in 76 representative country samples with measures on willingness … to take risks, patience, altruism, positive and negative reciprocity as well as trust. Gender differences in preferences …
Persistent link: https://www.econbiz.de/10011984619
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Is the Price Right? The Role of Morals, Ideology, and Tradeoff Thinking in Explaining Reactions to Price Surges
Elias, Julio; Lacetera, Nicola; Macis, Mario - 2022
Price surges often generate social disapproval and requests for regulation and price controls, but these interventions may cause inefficiencies and shortages. To study how individuals perceive and reason about sudden price increases for different products under different policy regimes, we...
Persistent link: https://www.econbiz.de/10013266677
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Is the Price Right? The Role of Morals, Ideology, and Tradeoff Thinking in Explaining Reactions to Price Surges
Elias, Julio; Lacetera, Nicola; Macis, Mario - 2022
Price surges often generate social disapproval and requests for regulation and price controls, but these interventions may cause inefficiencies and shortages. To study how individuals perceive and reason about sudden price increases for different products under different policy regimes, we...
Persistent link: https://www.econbiz.de/10013351777
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Is the price right? : the role of morals, ideology, and tradeoff thinking in explaining reactions to price surges
Elías, Julio; Lacetera, Nicola; Macis, Mario - 2022
Price surges often generate social disapproval and requests for regulation and price controls, but these interventions may cause inefficiencies and shortages. To study how individuals perceive and reason about sudden price increases for different products under different policy regimes, we...
Persistent link: https://www.econbiz.de/10013183701
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Is the price right? : the role of morals, ideology, and tradeoff thinking in explaining reactions to price surges
Elías, Julio; Lacetera, Nicola; Macis, Mario - 2022
Price surges often generate social disapproval and requests for regulation and price controls, but these interventions may cause inefficiencies and shortages. To study how individuals perceive and reason about sudden price increases for different products under different policy regimes, we...
Persistent link: https://www.econbiz.de/10013187160
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Relationship of gender differences in preferences to economic development and gender equality
Falk, Armin; Hermle, Johannes - 2018
Preferences - concerning time, risk and social interactions - systematically shape human behavior, and contribute to … fundamental preferences. Our data consist of 80,000 individuals in 76 representative country samples with measures on willingness … to take risks, patience, altruism, positive and negative reciprocity as well as trust. Gender differences in preferences …
Persistent link: https://www.econbiz.de/10011959917
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How everyday ethics becomes a moral economy, and vice versa
Keane, Webb - 2019
Unrealistic assumptions underlying neo-classical economic theory have been challenged by both behavioral economics and studies of moral economy. But both challengers share certain features with neo-classical theory. Complementing them, recent work in the anthropology of ethics shows that...
Persistent link: https://www.econbiz.de/10011964230