Purpose – The paper aims to explicate the systematic creation of social and ecological scarcities within an absolutely monetised economy and derives the necessity to change the “rules of the game” for doing business towards sustainability. Therefore, a model of human behaviour is developed...

Purpose – The assumption of free will in contemporary economics is an important starting point for socio-economic analysis in contrast to methodologies which assume that human action is pre-determined by forces beyond individual control. However, contemporary economic theory is devoid of...

Purpose – What are the motivations behind the Portuguese contributions to a public campaign promoted by the National League Against the Cancer? The purpose of this paper is to answer the question, considering the cyclical behaviour of the economy. Design/methodology/approach – A panel-data...

In this paper we address the topic of guessing games. By developing a generalised theory of naïveté, we show how Güth et al..s result (i.e. convergence toward interior equilibria is faster than convergence toward boundary equilibria) is compatible with Nagel.s theory of boundedly rational...

Theory absorption, a notion introduced by Morgenstern and Schwödiauer (1972) and further elaborated by Güth and Kliemt (2004), discusses the problem whether a theory can survive its own acceptance. Whereas this holds for strategic equilibria according to the assumptions on which they are...

By 2030, tobacco is expected to be the cause of about 10 million deaths per year worldwide. In Italy tobacco smoking is still a pervasive and relevant phenomenon. Using data from a national health survey, we investigate how individuals react to the introduction of a public smoking ban in Italy....

Purpose – Indian investors have been exposed to a plethora of investment opportunities in the past decade and a half, after the liberalization process which commenced in 1991. Over the years, the increased competition has brought a wind of change, not just in the economic environment within...

Purpose – The purpose of this paper is to examine how nutritional concerns, luxurious tastes, and the value of time affect time allocation decisions for food preparation. Design/methodology/approach – A time allocation model is developed and tested with Tobit and Heckman's sample selection...

Purpose – The purpose of this paper is to investigate how subtle religious representations affect prosocial behavior. The authors study the impact of religious representations on prosocial behavior in terms of cooperation in a one-shot/three-person public goods game....

Purpose – The purpose of this paper is to analyze the determinants of three domain satisfactions, focusing on volunteer work supplied in official non-profit service associations. Design/methodology/approach – This paper uses the data from the Multiscopo Survey of Households (MSH) conducted...