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The epistemic vices of democracies in the age of populism

Bonatti, Luigi - 2023

The subject of this paper is how the epistemic limitations of individuals and their biases in reasoning affect collective decisions and in particular the functioning of democracies. In fact, while the cognitive sciences have largely shown how the imperfections of human rationality shape...

Persistent link: https://www.econbiz.de/10014315089

Power, scrutiny, and congressmen's favoritism for friends' firms

Do, Quoc-Anh; Lee, Yen Teik; Nguyen, Bang Dang; Nguyen, … - 2023

effect. It further varies with politicians power, firm size and governance, and connection strength, and diminishes as a …

Persistent link: https://www.econbiz.de/10014427625

The power of religious organizations in human decision processes : analyzing voting behavior

Torgler, Benno; Stadelmann, David; Portmann, Marco - 2013

In Switzerland, two key church institutions - the Conference of Swiss Bishops (CSB) and the Federation of Protestant Churches (FPC) - make public recommendations on how to vote for certain referenda. We leverage this unique situation to directly measure religious organizations ́power to shape...

Persistent link: https://www.econbiz.de/10010223454

Exit and power in general equilibrium

Gersbach, Hans; Haller, Hans - 2008

We integrate individual power in groups into general equilibrium models. The relationship between group formation …, resource allocation, and the power of specific individuals or particular sociological groups is investigated. We introduce, via … an illustrative example, three appealing concepts of power and show that there is no monotonic relationship between these …

Persistent link: https://www.econbiz.de/10010484493

Outcome, process & power in direct democracy

Frey, Bruno S.; Kucher, Marcel; Stutzer, Alois - 1999

of power. In the second part, we demonstrate that reported subjective well-being of the population is much higher in …

Persistent link: https://www.econbiz.de/10009781717

Culture and cooperation

Gächter, Simon; Herrmann, Benedikt; Thöni, Christian - 2010

Does the cultural background influence the success with which genetically unrelated individuals cooperate in social dilemma situations? In this paper we provide an answer by analyzing the data of Herrmann et al. (Science 2008, pp. 1362-1367), who study cooperation and punishment in sixteen...

Persistent link: https://www.econbiz.de/10003974191

Knocking on heaven's door? : protestantism and suicide

Becker, Sascha O.; Woessmann, Ludger - 2011

We model the effect of Protestant vs. Catholic denomination in an economic theory of suicide, accounting for differences in religious-community integration, views about man's impact on God's grace, and the possibility of confessing sins. We test the theory using a unique micro-regional dataset...

Persistent link: https://www.econbiz.de/10009153870

Boon or bane? : others' unemployment, well-being and job insecurity

Clark, Andrew E.; Knabe, Andreas; Rätzel, Steffen - 2008

The social norm of unemployment suggests that aggregate unemployment reduces the well-being of the employed, but has a far smaller effect on the unemployed. We use German panel data to reproduce this standard result, but then suggest that the appropriate distinction may not be between employment...

Persistent link: https://www.econbiz.de/10003805987

Smoking and social interaction

Poutvaara, Panu (contributor); Siemers, Lars (contributor) - 2007

Persistent link: https://www.econbiz.de/10003496781

Weber's law and the biological evolution of risk preferences : the selective dominance of the logarithmic utility function

Sinn, Hans-Werner - 2002

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/10011541191