llow @bakadesuyo This research examines how a focus on time versus money can lead to two distinct mindsets that impact consumers’ willingness to donate to charitable causes. The results of three experiments, conducted both in the lab and in the field, reveal that asking individuals to think about “how much time they would like to donate” (versus “how much money they would like to donate”) to a charity increases the amount that they ultimately donate to the charity. Fueling this…
llow @bakadesuyo This paper studies the mental distress caused by bereavement. The largest emotional losses are from the death of a spouse; the second-worst in severity are the losses from the death of a child; the third-worst is the death of a parent. The paper explores how happiness regression equations might be used in tort cases to calculate compensatory damages for emotional harm and pain-and-suffering. We examine alternative well-being variables, discuss adaptation, consider the possibility that bereavement affects someone’s marginal…
rsuing a series of progressive (e.g., professional) goals that form a goal ladder often leads to a trade-off between moving up to a more advanced level and repeating the same goal level. This article investigates how monitoring one's current goal in terms of remaining actions versus completed actions influences the desire to move up the goal ladder. The authors propose that a focus on remaining (vs. completed) actions increases the motivation to move up to a more advanced level, whereas…
two experimental studies of two-party information sharing, we demonstrate that affective state plays a role in the knowledge-transfer process. Study 1 (N = 108 MBA students) found that affective state has a larger impact on those in need of knowledge (“receivers”) than on those in possession of knowledge (“senders”), with elated/happy receivers more likely than angry/frustrated receivers to absorb and act on new information. Study 2 (N = 180 undergraduates) replicated this finding and also demonstrated that having receivers…
is paper tests whether being convicted of a crime affects marriage market outcomes. While it is relatively well documented that crime hurts in terms of reduced future income, there has been little systematic analysis on the association between crime and marriage market outcomes. This paper exploits a detailed Danish register-based data set to fill this gap in the literature. The main findings are that male convicts do not face lower transition rates into partnerships as such, but they face a…
study the steady state of an overlapping generations economy where singles search for spouses. In our model economy men and women live for many years and they differ in their fecundity, in their earnings, and in their survival probabilities. These three features are agedependent and deterministic. Singles meet at random. They propose when the expected value of their current match exceeds that of remaining single. If both partners propose, the meeting ends up in a marriage. Marriages last until…
is paper uses as source material twenty-three autobiographical essays by Nobel economists presented since 1984 at Trinity University (San Antonio, Texas) and published in Lives of the Laureates (MIT Press). A goal of the lecture series is to enhance understanding of the link between biography and the development of modern economic thought. We explore this link and identify common themes in the essays, relying heavily on the words of the laureates. Common themes include the importance of real-world events coupled…
e economics-of-crime approach usually ignores the emotional cost and benefit of cheating. In this paper, we investigate the relationships between emotions, deception, and rational decision-making by means of an experiment on tax evasion. Emotions are measured by skin conductance responses and self-reports. We show that the intensity of anticipated and anticipatory emotions before reporting positively correlates with both the decision to cheat and the proportion of evaded income. The experienced emotional arousal after an audit increases with the monetary sanctions…
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