Showing 1 - 10 of 8,789
-reputation over one’s willpower, which potentially transforms lapses in a personal rule into precedents that undermine future self … inferences from their own past actions. We thus model the behaviour of individuals who are unsure of their willpower (ability to … so afraid of appearing weak to himself that every decision becomes a test of his willpower, even when self-restraint is …
Persistent link: https://www.econbiz.de/10005136762
provides a formal account of (endogenously) selective memory or awareness, such as the tendency to remember one's successes …
Persistent link: https://www.econbiz.de/10005136755
International surveys reveal wide differences between the views held in different countries concerning the causes of wealth or poverty and the extent to which people are responsible for their own fate. At the same time, social ethnographies and experiments by psychologists demonstrate...
Persistent link: https://www.econbiz.de/10005504312
of willpower (direct top down interference) or in the form of desire management (indirect top down interference). This … generalized willpower model aligns with human intuition and many data. Some data, however, are difficult to reconcile with the … basic assumptions of the generalized willpower model. This papers sketches how a more general model that can also …
Persistent link: https://www.econbiz.de/10010682423
We analyze social and economic phenomena involving beliefs which people value and invest in, for affective or functional reasons. Individuals are at times uncertain about their own 'deep values' and infer them from their past choices, which then come to define 'who they are'. Identity...
Persistent link: https://www.econbiz.de/10005661790
This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent voluntary redistribution of income or wealth. The theory...
Persistent link: https://www.econbiz.de/10014023678
Group liability is often portrayed as the key innovation that led to the explosion of the microcredit movement, which started with the Grameen Bank in the 1970s and continues on today with hundreds of institutions around the world. Group lending claims to improve repayment rates and lower...
Persistent link: https://www.econbiz.de/10005656151
Group liability in microcredit purports to improve repayment rates through peer screening, monitoring, and enforcement. However, it may create excessive pressure, and discourage reliable clients from borrowing. Two randomized trials tested the overall effect, as well as specific mechanisms. The...
Persistent link: https://www.econbiz.de/10010753697
This Paper investigates whether social norms play an important role in the decision to become an entrepreneur. We study whether the individual decision to become an entrepreneur or entrepreneurial income are affected by the decisions of other individuals living in the same municipality. To...
Persistent link: https://www.econbiz.de/10005124089
We consider full implementation in complete-information environments when agents have an arbitrarily small preference for honesty. We offer a condition called separable punishment and show that when it holds and there are at least two agents, any social choice function can be implemented by a...
Persistent link: https://www.econbiz.de/10010738055