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Persistent link: https://www.econbiz.de/10014456807
We explore cultural aspects of globalization and provide a model to illuminate some possible effects of globalization on the politics of redistribution within nations. The argument of the paper is as follows. Globalization is an extension of nationalism (not its antithesis) with regard to some...
Persistent link: https://www.econbiz.de/10014075498
Monitoring by peers is often an effective means of attenuating incentive problems. Most explanations of the efficacy of mutual monitoring rely either on small group size or on a version of the Folk theorem with repeated interactions which requires reasonably accurate public information...
Persistent link: https://www.econbiz.de/10003314674
Some philosophers and social scientists have stressed the importance for good government of an altruistic citizenry that values the well being of one another. Others have emphasized the need for incentives that induce even the self interested to contribute to the public good. Implicitly most...
Persistent link: https://www.econbiz.de/10003814974
Persistent link: https://www.econbiz.de/10003836257
Policies and explicit private incentives designed for self-regarding individuals sometimes are less effective or even counterproductive when they diminish altruism, ethical norms and other social preferences. Evidence from 51 experimental studies indicates that this crowding out effect is...
Persistent link: https://www.econbiz.de/10003872219
Cultural and institutional differences among nations may result in differences in the ratios of marginal costs of goods in autarchy and thus be the basis of specialization and comparative advantage, as long as these differences are not eliminated by trade. We provide an evolutionary model of...
Persistent link: https://www.econbiz.de/10003882529
Cultural and institutional differences among nations may result in differences in the ratios of marginal costs of goods in autarchy and thus be the basis of specialization and comparative advantage, as long as these differences are not eliminated by trade. We provide an evolutionary model of...
Persistent link: https://www.econbiz.de/10003879790
Policies and explicit incentives designed for self-regarding individuals sometimes are less effective or even counterproductive when they diminish altruism, ethical norms and other social preferences. Evidence from 51 experimental studies indicates that this crowding out effect is pervasive, and...
Persistent link: https://www.econbiz.de/10003879798
Social preferences such as altruism, reciprocity, intrinsic motivation and a desire to uphold ethical norms are essential to good government, often facilitating socially desirable allocations that would be unattainable by incentives that appeal solely to self-interest. But experimental and other...
Persistent link: https://www.econbiz.de/10003733890