Noblesse Oblige? Determinants of Survival in a Life and Death Situation
This paper explored the determinants of survival in a life and death situation created by an external and unpredictable shock. We are interested to see whether pro-social behaviour matters in such extreme situations. We therefore focus on the sinking of the RMS Titanic as a quasi-natural experiment do provide behavioural evidence which is rare in such a controlled and life threatening event. The empirical results support that social norm such as �women and children first� survive in such an environment. We also observe that women of reproductive age have a higher probability of surviving among women. On the other hand, we observe that crew members used their information advantage and their better access to resources (e.g. lifeboats) to generate a higher probability of surviving. The paper also finds that passenger class, fitness, group size, and cultural background matter.
D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement ; D64 - Altruism ; D71 - Social Choice; Clubs; Committees; Associations ; D81 - Criteria for Decision-Making under Risk and Uncertainty