Showing 1 - 10 of 20,854
Persistent link: https://www.econbiz.de/10011549546
This paper provides an analysis of the social consequences of people seeking to keep up with the Joneses. All individuals attempt to reach a higher rank than the Joneses, including the Joneses themselves. This attitude gives rise to an equilibrium in which all individuals have equal utilities...
Persistent link: https://www.econbiz.de/10010528644
The recent literature postulates that aspirations are one of the key determinants of economic decision making, and that aspirations are formed socially through observations and by learning from 'relevant others' (or the 'reference group'). This study empirically examines the latter using survey...
Persistent link: https://www.econbiz.de/10011569043
This paper studies how economic incentives influence cultural transmission, using a crucial expression of cultural identity: Child naming decisions. Our focus is on Arabic versus Non-Arabic names given in France over the 2003-2007 period. Our model of cultural transmission features three...
Persistent link: https://www.econbiz.de/10012581488
primary care in urban Brazil. Our goal is to use flexible estimates to identify heterogeneous returns and complementarities … the novelty of nonparametric insights. Results: The nonparametric results show significantly heterogeneity of returns to … identifies complementarities between capital and labor, which is essential in designing efficient policy interventions. For …
Persistent link: https://www.econbiz.de/10012390923
The evolution of large-scale cooperation among genetic strangers is a fundamental unanswered question in the social sciences. Behavioral economics has persuasively shown that so called ‘strong reciprocity’ plays a key role in accounting for the endogenous enforcement of cooperation. Insofar...
Persistent link: https://www.econbiz.de/10014177032
The data of Henrich, J. et al., 'Economic Man' in Cross-Cultural Perspective: Behavioral Experiments in 15 Small-Scale Societies', when combined with other research, suggest that sharing behavior probably varies systematically across cultures, situations, and individuals. Economic policies...
Persistent link: https://www.econbiz.de/10014161198
Two new evolutionary game models are presented where ownership and trade emerge from anarchy as evolutionary stable strategies. In these models, ownership status provides an endogenous asymmetrizing criterion enabling cheaper resolution of property conflicts
Persistent link: https://www.econbiz.de/10014113466
Two new evolutionary game models are presented where ownership and trade emerge from anarchy as evolutionary stable strategies. In these models, ownership status provides an endogenous asymmetrizing criterion enabling cheaper resolution of property conflicts
Persistent link: https://www.econbiz.de/10014113468
Trust is an important component of social capital that has been linked to improvements in macroeconomic performance. The exogeneity of trust, however, is questionable. We develop a theoretical model in which trust is endogenous and depends on three factors: institutions for capture and...
Persistent link: https://www.econbiz.de/10013160086