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Terror management theory (TMT) states that mortality salience prompts people to follow cultural standards. But many cultures value both generosity and accumulation of wealth. Combining TMT with the focus theory of normative conduct, we suggest that whether mortality salience encourages...
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Because they want high quality information, people often follow advice from advisors with high levels of expertise and confidence, and a reputation for accuracy. However, clients cannot always be sure that an advisor is actually using a knowledge advantage to act in the client’s best...
Persistent link: https://www.econbiz.de/10010577324
Suggestions for economic policy reform are regularly confronted with the problem of lacking reform acceptance in the political process and among the general public. So far "Reformstau" is widely analysed as a consequence of collective action failures. In contrast to these approaches based on...
Persistent link: https://www.econbiz.de/10005686556
Because they want high quality information, people often follow advice from advisors with high levels of expertise and confidence, and a reputation for accuracy. However, clients cannot always be sure that an advisor is actually using a knowledge advantage to act in the client's best interests....
Persistent link: https://www.econbiz.de/10008871338
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The current expansion has delivered the lowest unemployment rates in decades, yet nominal wage growth has remained relatively contained. This suggests to some a shift in the historical relationship between unemployment and wage growth. We look across the states for more timely evidence of a...
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