Journal ArticleDOI
Group Identity and Social Preferences
Yan Chen,Sherry Xin Li +1 more
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This paper found that participants are significantly more likely to choose social welfare-maximizing actions when matched with an ingroup member when compared to when they are matched with a non-group identity.Abstract:
We present a laboratory experiment that measures the effects of induced group identity on social preferences. We find that when participants are matched with an ingroup member, they show a 47 percent increase in charity concerns and a 93 percent decrease in envy. Likewise, participants are 19 percent more likely to reward an ingroup match for good behavior, but 13 percent less likely to punish an ingroup match for misbehavior. Furthermore, participants are significantly more likely to choose social-welfare-maximizing actions when matched with an ingroup member. All results are consistent with the hypothesis that participants are more altruistic toward an ingroup match. (read more
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Shaped by Their Daughters: Executives, Female Socialization, and Corporate Social Responsibility
Henrik Cronqvist,Frank Yu +1 more
TL;DR: Corporate executives managing some of the largest public companies in the US are shaped by their daughters as mentioned in this paper, and when a firm's CEO has a daughter, the corporate social responsibility rating is about 91% higher, compared to a median firm.
Journal ArticleDOI
Brother, can you spare a dime? Peer pressure in charitable solicitation ☆
TL;DR: This paper analyzed whether alumni are more likely to donate and give larger amounts when they are solicited by someone with whom they have social ties, and found that social ties play a strong causal role in the decision to donate.
Journal ArticleDOI
Female directors, board committees and firm performance
Colin P. Green,Swarnodeep Homroy +1 more
TL;DR: In this paper, the authors use information on the gender of CEOs children as a source of exogenous variation in female director appointments to demonstrate a robust positive effect of female board representation on firm performance.
Journal ArticleDOI
Deciding for others reduces loss aversion
TL;DR: Using structural estimation, it is shown that when losses are possible, decisions on behalf of others are more risky, and this increase in risk stems from a decrease in loss aversion when others are affected by their choices.
Journal ArticleDOI
On the conjunction fallacy in probability judgment: New experimental evidence regarding Linda
TL;DR: The results of a series of experiments designed to test whether and to what extent individuals succumb to the conjunction fallacy are reported, finding that given mild incentives, the proportion of individuals who violate the conjunction principle is significantly lower than that reported by Kahneman and Tversky.
References
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Journal ArticleDOI
Controlling the false discovery rate: a practical and powerful approach to multiple testing
Yoav Benjamini,Yosef Hochberg +1 more
TL;DR: In this paper, a different approach to problems of multiple significance testing is presented, which calls for controlling the expected proportion of falsely rejected hypotheses -the false discovery rate, which is equivalent to the FWER when all hypotheses are true but is smaller otherwise.
Book ChapterDOI
The social identity theory of intergroup behavior
Henri Tajfel,John C. Turner +1 more
TL;DR: A theory of intergroup conflict and some preliminary data relating to the theory is presented in this article. But the analysis is limited to the case where the salient dimensions of the intergroup differentiation are those involving scarce resources.
Journal ArticleDOI
z-Tree: Zurich toolbox for ready-made economic experiments
TL;DR: Z-Tree as mentioned in this paper is a toolbox for ready-made economic experiments, which allows programming almost any kind of experiments in a short time and is stable and easy to use.
Journal ArticleDOI
A theory of fairness, competition and cooperation
Ernst Fehr,Klaus M. Schmidt +1 more
TL;DR: This paper showed that if some people care about equity, the puzzles can be resolved and that the economic environment determines whether the fair types or the selesh types dominate equilibrium behavior in cooperative games.