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Both academic and political debates over the minimum wage generally focus on the minimum wage rate. However, the minimum wage is a complex institution composed of a wide variety of parameters. In this note, I show that nominal rates provide a very crude picture of minimal compensation and of...
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This paper undertakes an empirical analysis of the adoption of various components of social security systems as well as contribution rates. Apart from economic determinants of the adoption, the empirical analysis features determinants relating to countries' political systems and contagion. We...
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We investigate in a laboratory setting whether revealing information on the intelligence of both players affects … BoS, with high and low payoff inequality. In PD, disclosure markedly hampers cooperation, as higher intelligence players … with low payoff inequality, disclosure disrupts coordination, as higher intelligence players try to force their most …
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Intelligence and personality significantly affect social outcomes of individuals. We study how and why these traits … levels of certain traits, such as higher or lower levels of intelligence, Conscientiousness and Agreeableness. We find that … intelligence has a large and positive long-run effect on cooperative behavior when there is a conflict between short-run gains and …
Persistent link: https://www.econbiz.de/10011547729
We investigate in a laboratory setting whether revealing information on intelligence affects behavior in games with … hampers cooperation, as higher intelligence players are less cooperative once they are made aware that they play against … disrupts coordination on outcomes with positive payoffs, as higher intelligence players try to force their most preferred …
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