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Articles 1 - 5 of 5
Full-Text Articles in Behavioral Economics
Voice Without Say: Why Capital-Managed Firms Aren’T (Genuinely) Participatory, Justin Schwartz
Voice Without Say: Why Capital-Managed Firms Aren’T (Genuinely) Participatory, Justin Schwartz
Justin Schwartz
Why are most capitalist enterprises of any size organized as authoritarian bureaucracies rather than incorporating genuine employee participation that would give the workers real authority? Even firms with employee participation programs leave virtually all decision-making power in the hands of management. The standard answer is that hierarchy is more economically efficient than any sort of genuine participation, so that participatory firms would be less productive and lose out to more traditional competitors. This answer is indefensible. After surveying the history, legal status, and varieties of employee participation, I examine and reject as question-begging the argument that the rarity of genuine …
Cuando El Altruismo Hace Daño, Mario Šilar
Cuando El Altruismo Hace Daño, Mario Šilar
Mario Šilar
The article reviews Barbara Oakley's concept of Pathological Altruism and analyzes its implications in moral and social contexts.
Democracy, Dictatorship And The Cultural Transmission Of Political Values, Davide Ticchi, Thierry Verdier, Andrea Vindigni
Democracy, Dictatorship And The Cultural Transmission Of Political Values, Davide Ticchi, Thierry Verdier, Andrea Vindigni
Davide Ticchi
develop a theory of endogenous regimes transitions (with a focus on democratic consolidation), which emphasizes the role of political culture and of its interaction with political institutions. Political culture reflects the extent of individual commitment across citizens to defend democracy against a potential military coup, and it is an endogenous state variable of the model along with formal political institutions. We focus on two agencies of political socialization: the family and the state. Parents invest resources in order to transmit their own political values (commitment to democracy) to their children. The state invests resources in public indoctrination infrastructures. The model …
Democracy, Dictatorship And The Cultural Transmission Of Political Values, Davide Ticchi, Thierry Verdier, Andrea Vindigni
Democracy, Dictatorship And The Cultural Transmission Of Political Values, Davide Ticchi, Thierry Verdier, Andrea Vindigni
Andrea Vindigni
We develop a theory of endogenous regimes transitions (with a focus on democratic consolidation), which emphasizes the role of political culture and of its interaction with political institutions. Political culture reflects the extent of individual commitment across citizens to defend democracy against a potential military coup, and it is an endogenous state variable of the model along with formal political institutions. We focus on two agencies of political socialization: the family and the state. Parents invest resources in order to transmit their own political values (commitment to democracy) to their children. The state invests resources in public indoctrination infrastructures. The …
Ethics And The Economist: What Climate Change Demands Of Us, Julie A. Nelson
Ethics And The Economist: What Climate Change Demands Of Us, Julie A. Nelson
Julie A. Nelson
Climate change is changing not only our physical world, but also our intellectual, social, and moral worlds. We are realizing that our situation is profoundly unsafe, interdependent, and uncertain. What, then, does climate change demand of economists, as human beings and as professionals? A discipline of economics based on Enlightenment notions of mechanism and disembodied rationality is not suited to present problems. This essay suggests three major requirements: first, that we take action; second, that we work together; and third, that we focus on avoiding the worst, rather than obtaining the optimal. The essay concludes with suggestions of specific steps …