Showing 1 - 10 of 56
Can a major shock in childhood permanently shape trust? We consider a hunger episode in Germany after WWII and … regional and temporal variation. We correlate hunger exposure with measures of trust using data from a nationally … significantly lower levels of trust as adults. This finding highlights that early-life experiences can have long-term effects in …
Persistent link: https://www.econbiz.de/10011540782
Diversified firms often trade at a discount with respect to their focused counterparts. The literature has tried to explain the apparent misallocation of resources with lobbying activities or power struggles. We show that diversification can destroy value even when resources are efficiently...
Persistent link: https://www.econbiz.de/10011410226
levels of trust and reduced social activity in post-reunification Germany. We also find substantial and long-lasting economic …
Persistent link: https://www.econbiz.de/10011521867
By examining discrepancies between officially reported GDP growth figures and the actual economic growth implied by satellite-based night time light (NTL) density, we investigate whether democracies manipulate officially reported GDP figures, and if so, whether such manipulation pays political...
Persistent link: https://www.econbiz.de/10012022263
-behaved statistical properties, and we show that ethnic stratification is empirically related to low levels of trust in other people and …
Persistent link: https://www.econbiz.de/10011942823
a sign of trust and concern for the employees' well-being or as enhanced monitoring. Both interpretations can explain …
Persistent link: https://www.econbiz.de/10010461267
While trust and trustworthiness provide a fundamental foundation for human relationships, little is known about how … the World Values Survey to address a potential connection between trust and age. In this chapter, we will mainly focus on … trusting and trustworthy behavior elicited with the use of the seminal trust game (Berg et al., 1995) and with games …
Persistent link: https://www.econbiz.de/10011298524
We investigate whether there is a link between conditional cooperation and betrayal aversion. We use a public goods game to classify subjects by type of contribution preference and by belief about the contributions of others; and we measure betrayal aversion for different categories of subject....
Persistent link: https://www.econbiz.de/10011298544
against low reciprocity to the standard trust game. We compare two different mechanisms, the private (purchase) and the social …
Persistent link: https://www.econbiz.de/10012219890
This paper develops a tractable model of a society hit by a viral pandemic. It is sufficiently rich so as to relate the optimal decisions of the policymaker to the underlying characteristics of this society, in terms of preferences, social mores and economic structures. This allows us to make...
Persistent link: https://www.econbiz.de/10012223700