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The sinking of the Titanic in April 1912 took the lives of 68 percent of the people aboard. Who survived? It was women and children who had a higher probability of being saved, not men. Likewise, people traveling in first class had a better chance of survival than those in second and third...
Persistent link: https://www.econbiz.de/10005162583
sinking of the RMS Titanic as a quasi-natural experiment do provide behavioural evidence which is rare in such a controlled …
Persistent link: https://www.econbiz.de/10005162614
This paper attempts to determine if the introduction of a competing social institution has had a significant effect and shifted the pro-social behavior in the extreme (life-and-death) environment of mountaineering in the Himalayan Mountains over the last sixty years. We apply an analytic...
Persistent link: https://www.econbiz.de/10010690319
First the assumption of self-interest as applied in Economics is presented. Here we also discuss areas in which (many) people behave less self- but more other-regarding than traditional economic models assume. Then, greedy behaviour is considered as existing in the political and economic world....
Persistent link: https://www.econbiz.de/10011096310