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Economic and social interaction takes place between individuals with heterogeneous characteristics. We investigate … heterogeneous groups. When punishment is not allowed all groups converge towards free-riding. With punishment, contributions … that these differences are not accidentally but enforced by punishment. The enforced contribution norms are related to …
Persistent link: https://www.econbiz.de/10010265993
-group behavior of Syrian refugees and Lebanese nationals in a repeated public good game without and with punishment. We find that … alleviate any economic and social pressures. …
Persistent link: https://www.econbiz.de/10012179837
prosocial judges (if institutionally possible), and immediately establish a social norm of high cooperation. This norm appears … of universal cooperation because the more prosocial subjects populate the two efficient institutions first, elect … to guide subjects’ cooperation and punishment choices, including the virtually complete removal of antisocial punishment …
Persistent link: https://www.econbiz.de/10011872060
We consider the psychological and social foundations of human contributions and punishments in a voluntary … contributions mechanism with punishment (VCMP). We eliminate ‘dynamic economic linkages’ between the two stages of our ‘modified … rigorous theoretical predictions that are then tested with pre-registered experiments in China and the UK. Social norms …
Persistent link: https://www.econbiz.de/10014262745
contributions in the other groups showed the well known declining pattern. One implication is that corporate social responsibility …
Persistent link: https://www.econbiz.de/10010276092
interactions in the workplace environment may have important spillover effects on prosocial behavior outside of work. …
Persistent link: https://www.econbiz.de/10011794188
There is a fundamental difference between the natural and the social sciences due to reactivity. This difference … social science, namely reactivity, i.e. human beings systematically respond to economic data, and in particular to …
Persistent link: https://www.econbiz.de/10011744899
In this article, we examine how investor motives affect investment behavior in equity crowdfunding. In particular, we compare the investment behavior of sustainability-oriented with ordinary crowd investors on six leading equity crowdfunding platforms in Austria and Germany and investigate...
Persistent link: https://www.econbiz.de/10012227679
leads to clustering, is crucial for the survival of the Pareto dominant actions. The evolution of leader and crowd …
Persistent link: https://www.econbiz.de/10013353457
The paper offers a proof that expected utility maximisation with logarithmic utility is a dominant preference in the biological selection process in the sense that a population following any other preference for decision-making under risk will, with a probability that approaches certainty,...
Persistent link: https://www.econbiz.de/10010315289