We conduct a real-effort task experiment where subjects’ performance translates
into a donation to a charity. In a within-subjects design we vary the visibility
of the donation (no/private/public feedback). Confirming previous studies, we
find that subjects’ performance increases, that is, they donate more to charity,
when their relative performance is made public. In line with the competitive
alt... hiện toàn bộ
Radical alternatives, in terms of our ideas about science in society, about
economics, ideology and institutional arrangements, should be included among
possibilities considered within the scope of a pluralistic philosophy. While all
these aspects of our mental maps are interrelated and important, economics plays
a key role in attempts to get closer to a sustainable society. Mainstream
neoclassica... hiện toàn bộ
Currently, economists' models of the evolutionary selection of utility function
parameters are generally based on two assumptions. First, it is assumed that
utility parameters must serve Darwinian fitness, in the sense that individuals
who maximize utility are also maximizing their biological survivability. Second,
it is assumed that utility parameters accurately reflect well-being, in the
sense t... hiện toàn bộ