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on Evolutionary Economics |
| By: | Juan Camilo Cárdenas; César Mantilla; Rajiv Sethi |
| Abstract: | This paper reconsiders evidence from experimental common pool resource games from the perspective of a dynamic model of sampling. Despite being parameter-free, the model is able to replicate some striking features of the data: monotonic frequency distributions, the persistent use of strictly dominated actions, and stable heterogeneity in choices. We argue that these patterns cannot be fully accounted for by existing theories based on other-regarding preferences and norms, and that the dynamics of sampling provide a useful complementary explanation for behavior in social dilemmas. |
| Keywords: | Common Pool Resources; Experiments; Sampling Equilibrium |
| JEL: | C73 C91 D03 H41 Q20 |
| Date: | 2013–09–10 |
| URL: | http://d.repec.org/n?u=RePEc:col:000089:011892&r=evo |
| By: | Jellal, Mohamed |
| Abstract: | In this paper , we consider an economic growth model with human capital accumulation , positive externalities and a cultural system of social norms . We show that endogenous rational emergence of this cultural belief may lead to increasing the stock of human capital and hence accelerating national growth.The mechanism of this internalization is based on the existence of endogenous social status or identity pattern that encourages the accumulation of knowledge. This cultural norm is presented as an informal mechanism or informal institution which may be an effective substitute tool to a the formal institution given by a system of income taxation. |
| Keywords: | Culture, Social Norms, Education, Economic Growth, Formal institutions |
| JEL: | H23 I21 I25 O1 O43 Z1 |
| Date: | 2014–06–11 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:57267&r=evo |
| By: | Sarah Smith; Kimberley Scharf |
| Abstract: | We study charitable giving within social groups. Exploiting a unique dataset, we establish three key relationships between social group size and fundraising outcomes: (i) a positive relationship between group size and the total number of donations; (ii) a negative relationship between group size and the amount given by each donor; (iii) no relationship between group size and the total amount raised by the fundraiser. We rule out classic free-riding to explain these relationships since the number of social group members is only a subset of total contributors. Instead, the findings are consistent with the notion that giving in social groups is motivated by “relational” warm glow. |
| Keywords: | Online giving; Fundraising; Social groups; Donations; Charity; Warm glow |
| JEL: | D64 Z1 H31 |
| Date: | 2014–06 |
| URL: | http://d.repec.org/n?u=RePEc:bri:cmpowp:13/327&r=evo |