Tag: #EconomicBehavior
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Social networks affect redistribution decisions and polarization
“Social networks affect redistribution decisions and polarization” “Whom you observe in your daily life alters your willingness to tax the rich” Recent research suggests that the visibility of extreme wealth within a person’s social circle drives their support for economic redistribution but simultaneously fosters political polarization and personal dissatisfaction. A study published in PNAS Nexus combines computational…
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The immorality of too much money
“The immorality of too much money” Study across 20 countries shows extreme wealth seen as more immoral in richer, equal societies — tied to moral purity beliefs. “Filthy rich” takes new meaning. In Fast Company: ow.ly/zJBe50XsSWx In PNAS Nexus: ow.ly/JyJ950XsSWy In some societies, people find excessive wealth immoral, while others are structured so that having…
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End GDP mania
“End GDP mania: how the world should really measure prosperity” Last week’s United Nations General Assembly, held in New York City, generated no shortage of headlines. But one notable policy initiative from the world body was not discussed by world leaders when it should have been. UN secretary-general António Guterres has put together a high-level…
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“mundane behaviours resembles a drug”
The problem extends across the globe. Researchers have studied compulsive shopping in many countries, including the United States, Turkey, Poland, Germany, India, Brazil, South Korea and Pakistan — where almost one-third of university students were classified as compulsive buyers in both physical stores and online.Heping He, a marketing researcher at Shenzhen University in China, is…
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Civil society comes of age in economics
“Civil society comes of age in economics: Tracking a century of research“ Using topic modeling on the corpus of papers published in seven leading economics journals since 1900, we study the evolving emphasis in research on themes relating to the state, markets, and civil society, the latter referring to families, firms as organizations, other private…
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New Stakeholder Theory to rescue the megaproject puzzle …
“Cracking the megaproject puzzle: A stakeholder perspective?” advocates the perspective ” new stakeholder theory ” to make sense of empirical regularities in megaprojects, so make sense of delays, cost growth, and scope creep. It is suggested that empirical regularities are not isomorphic with bad management and/or dishonesty, but rather an outcome of the ‘rules of the game’.…
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