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Behavioral Economics Commons

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Full-Text Articles in Behavioral Economics

Three Essays In Experimental And Network Economics, John D. Mcmahan Dec 2021

Three Essays In Experimental And Network Economics, John D. Mcmahan

Doctoral Dissertations

This dissertation consists of the three essays in network and experimental economics. The first essay explores the importance of endogenous bilateral connections and punishment networks in public good settings. I conduct a laboratory experiment that varies the incentive to form links among participants in a traditional Voluntary Contribution Mechanism game. I find that when link benefits are zero very few connections are formed, and very little punishment takes place. When link benefits are positive many links are formed and cooperation levels are increased. In general, we find evidence that participants strategically use the bilateral linking process to avoid punishment and …


Life Satisfaction And Tax Morale In Azerbaijan: Mediating Role Of Institutional Trust And Financial Satisfaction, Orkhan Nadirov, Khatai Aliyev, Bruce Dehning, Ilaha Sharifzada, Rafiga Aliyeva Nov 2021

Life Satisfaction And Tax Morale In Azerbaijan: Mediating Role Of Institutional Trust And Financial Satisfaction, Orkhan Nadirov, Khatai Aliyev, Bruce Dehning, Ilaha Sharifzada, Rafiga Aliyeva

Accounting Faculty Articles and Research

This paper examines the relationship between life satisfaction (measured as the self-reported satisfaction of each individual with their past life and goal achievements) and tax morale (measured as the likelihood of an individual’s intrinsic motivation to pay taxes). Using a large-scale survey dataset from Azerbaijan, it is documented that life satisfaction is positively associated with tax morale. Life satisfaction plays a significant role in increasing tax compliance practices. It is also important to note that there is a positive mediating effect of life satisfaction on tax morale through financial satisfaction and institutional trust. In line with our hypotheses, the results …


Big Five Personality Traits And Political Orientation: An Inquiry Into Political Beliefs, Ian E. Phillips May 2021

Big Five Personality Traits And Political Orientation: An Inquiry Into Political Beliefs, Ian E. Phillips

The Downtown Review

Personality research centered on the Big Five personality traits has heavily impacted our understanding in regards to what forces orient a person on a political spectrum. Examining how personality differences interact with political orientation, this research seeks to provide information on what makes someone either more or less likely to be liberal or conservative based on their temperament. In this paper, previous personality research is synthesized into one discussion, centered on what the effects of each trait are and how they impact political orientation, the heritability of personality, and what implications there are for such research in the realm of …


Three Essays In Applied Econometrics: Agricultural And Energy Economics, Kuan-Ming Huang Jan 2021

Three Essays In Applied Econometrics: Agricultural And Energy Economics, Kuan-Ming Huang

Graduate Theses, Dissertations, and Problem Reports

This dissertation examines three empirical issues in energy and agricultural economics using econometrics models whose titles are: 1) Do Natural Hazards in the Gulf Coast Still Matter for State-Level Natural Gas Prices in the US? Evidence After the Shale Gas Boom; 2) Do Exploitations of Marcellus and Utica Shale Formations Improve Regional Economy in Ohio, Pennsylvania, and West Virginia? A Synthetic Control Analysis; and 3) How Did Covid-19 Impact US Household Food Spending? An Analysis Six Months In.

The first essay assesses the impact of natural hazards on state-level natural gas prices and evaluates the effects of the shale gas …


Corporate Law For Good People, Yuval Feldman, Adi Libson, Gideon Parchomovsky Jan 2021

Corporate Law For Good People, Yuval Feldman, Adi Libson, Gideon Parchomovsky

All Faculty Scholarship

This article offers a novel analysis of the field of corporate governance by viewing it through the lens of behavioral ethics. It calls for both shifting the focus of corporate governance to a new set of loci of potential corporate wrongdoing and adding new tools to the corporate governance arsenal. The behavioral ethics scholarship emphasizes the large share of wrongdoing generated by "good people" whose intention is to act ethically. Their wrongdoing stems from "bounded ethicality" -- various cognitive and motivational processes that lead to biased decisions that seem legitimate. In the legal domain, corporate law provides the most fertile …