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Museums fulfill many important functions in the art world and visits to museums are becoming an important leisure and holiday activity. This chapter surveys research about the functioning of museums from an economic point of view. Museum services are shaped by demand and supply factors and by...
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Most professional economists believe that economists in general are more selfish than other people and that this increased selfishness is due to economics education. This article offers empirical evidence against this widely held belief. Using a unique data set about giving behavior in...
Persistent link: https://www.econbiz.de/10005567996
Museums fulfill many important functions in the art world and visits to museums are becoming an important leisure and holiday activity. This chapter surveys research about the functioning of museums from an economic point of view. Museum services are shaped by demand and supply factors and by...
Persistent link: https://www.econbiz.de/10014023800
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Framing a decision situation differently has affected behavior substantially in previous studies. This paper tests a framing effect in a field experiment at the University of Zurich. Each semester, every student has to decide whether to contribute to two social funds. Students were randomly...
Persistent link: https://www.econbiz.de/10005458869
The preferences assumed to govern intertemporal trade-offs are generally considered to be stable economic primitives, though evidence on this stability is notably lacking. We present evidence from a large field study conducted over two years, with around 1,400 individuals using incentivized...
Persistent link: https://www.econbiz.de/10011266991
We test the effectiveness of self-help peer groups as a commitment device for precautionary savings, through two randomized field experiments among 2,687 microentrepreneurs in Chile. The first experiment finds that self-help peer groups are a powerful tool to increase savings (the number of...
Persistent link: https://www.econbiz.de/10010821682