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Full-Text Articles in Behavioral Economics
Tempers Rising: The Effect Of Heat On Spite, Jake C. Cosgrove
Tempers Rising: The Effect Of Heat On Spite, Jake C. Cosgrove
Master's Theses
The relationship between heat and harmful outcomes is well documented, with research connecting various adverse economic outcomes to the climate. In the presence of increasing global warming and climate change, understanding why the climate leads to negative economic outcomes is essential for forming peaceful institutions of the future. We study how behavioral economic outcomes change in the presence of heat through a lab experiment involving 1,110 observations conducted in five different countries. This paper specifically focuses on the social preference outcome of spite. We find that increased time exposure to the treatment effect of heat is required to elicit an …
Impacts Of Rising Temperatures On Human Behavior With A Focus On Gender Differences, Stephanie Marie Emilia J. Hermoso
Impacts Of Rising Temperatures On Human Behavior With A Focus On Gender Differences, Stephanie Marie Emilia J. Hermoso
Master's Theses
Climate change is one of the biggest and most pressing issues the world is facing today. While its economic implications are substantial, it is also important to investigate the effects of climate change on human behavior. This paper examines the relationship of rising temperatures and its effect on an individual’s cooperative behavior – specifically egalitarianism, generosity, selfishness, and spite. This study will focus on the differences between how males and females react to the temperature. Research indicates that there are substantial behavioral differences between men and women. How do the economic decisions of men and women differ when interacted with …
Don’T Worry Be Happy: Analysis Of Happiness As An Economic Measurement, Kofi Boadu
Don’T Worry Be Happy: Analysis Of Happiness As An Economic Measurement, Kofi Boadu
Master's Theses
Everyone wants to be happy. Happiness however never seems to be a national goal. A possible answer is that happiness is subjective and on its own may not be reflective of the economic status of a country. Therefore, should people’s happiness should be treated equally with other traditional economic measurements? This cross-country level study looks at the relationship between happiness and traditional economic measurements; mainly GDP per capita. Questions concerning whether GDP per capita indeed captures the overall well-being of a citizen and happiness’ eligibility as an economic measurement are addressed. Findings confirm that happiness and GDP per capita are …
Handling Risk: Testosterone And Risk Preference, Evidence From Dhaka, Bangladesh, Tobias Sytsma
Handling Risk: Testosterone And Risk Preference, Evidence From Dhaka, Bangladesh, Tobias Sytsma
Master's Theses
The relationship between testosterone and risk aversion is of increasing interest in the experimental economics. Using the ratio of the second digit to the fourth digit (2D:4D) as a rough indicator of level of prenatal testosterone exposure, this study attempts to replicate recent results from Garbarino et al., (2011), which found that individuals with digit ratios above the sample average were significantly more risk averse, and individuals with digit ratios one standard deviation below the sample average were significantly more risk seeking in a subject pool of male and female Caucasian students. Here, a subject pool from Dhaka, Bangladesh, is …