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In this article we test the main hypotheses of the behavioural theory of entrepreneurship, namely that risk preferences are reference-dependent, that entrepreneurs are not ambiguity-averse and that aspirations act as a reference point in the sense postulated by Prospect Theory. We use an...
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Alongside negative feedback loops between violence and development, several studies find a positive and significant effect of exposure to warfare onto prosocial behavior. This increase in prosociality tends to favor the group the individual identifies with relative to the out-group. The current...
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The gift exchange hypothesis postulates that workers reciprocate above market-clearing wages with above-minimum effort. This hypothesis has received mixed support in dyadic employer-worker relationships. We present a field-experimental test to assess this hypothesis in the context of a triadic...
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