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Impact of prison experience on anti-gay sentiments: Longitudinal analysis of inmates and their families 监狱经历对反同性恋情绪的影响:囚犯及其家庭的纵向分析
IF 2.3 3区 经济学 Q2 ECONOMICS Pub Date : 2026-01-01 DOI: 10.1016/j.jebo.2025.107324
Maxim Ananyev , Michael Poyker
Inmates’ informal code often ascribes low status to persons perceived as passive homosexuals. We use longitudinal data to investigate whether prison experience might contribute to anti-gay beliefs. We find that prison experience is related to a higher level of anti-gay sentiments among males and their families, while no discernible difference exists before incarceration. We find no effect for female ex-prisoners. We confirm that pre-incarceration trends, changes in trust and social capital, income, mental health, masculinity norms, and other potential alternative explanations do not drive the results. Our study sheds light on the overlooked role of prisons as a potential significant contributor to the propagation of anti-gay attitudes.
囚犯们的非正式准则常常把那些被认为是被动的同性恋者归为地位低下的人。我们使用纵向数据来调查监狱经历是否会影响反同性恋的信念。我们发现,监狱经历与男性及其家庭中更高水平的反同性恋情绪有关,而入狱前没有明显的差异。我们发现对女性前囚犯没有效果。我们确认,监禁前的趋势、信任和社会资本的变化、收入、心理健康、男子气概规范和其他潜在的替代解释并没有推动结果。我们的研究揭示了监狱作为反同性恋态度传播的潜在重要贡献者而被忽视的作用。
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引用次数: 0
Polycentric status contests 多中心地位竞争
IF 2.3 3区 经济学 Q2 ECONOMICS Pub Date : 2026-01-01 DOI: 10.1016/j.jebo.2025.107405
Vlad Tarko
As societies become richer, and basic needs are satisfied, zero-sum positional contests gain more prominence, while the regular positive-sum benefits of markets subside in the background. As long argued by Hirsch, Frank and others, the institutions for managing resource scarcity and spurring economic growth, i.e. the institutions of capitalism, may not be particularly well-suited for managing the type of scarcity associated with positional goods. The long-term equilibrium of rich societies may not be as peaceful as many assume if they become overrun by status competitions. This paper provides a typology of positional goods, explaining why some positional competitions are worse than others, and a rent-seeking model of the supply response to positional goods’ price changes. The model leads to surprisingly optimistic predictions: markets tend to fragment the worst kinds of positional goods into competing hierarchies of status, tend to dissipate and eliminate some positional goods, and tend to turn the most damaging status competitions into more beneficial prestige competitions. Government interventions, by contrast, often attempt to prop‑up monopolistic status hierarchies.
随着社会变得更加富裕,基本需求得到满足,零和地位竞争变得更加突出,而市场的常规正和利益则在背景中消退。正如赫希、弗兰克等人长期以来所主张的那样,管理资源稀缺和刺激经济增长的制度,即资本主义制度,可能并不特别适合管理与位置商品相关的稀缺类型。富裕社会的长期平衡可能不会像许多人想象的那样和平,如果它们被地位竞争所超越。本文给出了位置商品的分类,解释了为什么某些位置竞争比其他位置竞争更糟糕,并给出了位置商品价格变化时供给响应的寻租模型。该模型带来了令人惊讶的乐观预测:市场倾向于将最糟糕的地位商品划分为相互竞争的地位等级,倾向于消散和消除一些地位商品,并倾向于将最具破坏性的地位竞争转变为更有益的声望竞争。相比之下,政府干预往往试图支撑垄断地位等级。
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引用次数: 0
Do rural roads promote inclusive entrepreneurship? 农村道路能促进包容性创业吗?
IF 2.3 3区 经济学 Q2 ECONOMICS Pub Date : 2026-01-01 DOI: 10.1016/j.jebo.2025.107381
Ananyo Brahma , Vidhya Soundararajan
This paper investigates whether rural road infrastructure can foster inclusive entrepreneurship. Using enterprise data from India, we examine how a national rural road construction program, which connected previously isolated villages, affects entrepreneurship across different social groups. Our findings reveal that new feeder roads increase the number of service enterprises for all caste categories, including marginalized groups. However, manufacturing entrepreneurship increases only among the non-marginalized caste groups. For marginalized groups, the increase in entrepreneurship appears to be a response to a relative decline in wage employment opportunities following road construction. Formal finance and education infrastructure serve as key channels through which road connectivity fosters entrepreneurship.
本文考察了农村道路基础设施是否能够促进包容性创业。利用来自印度的企业数据,我们研究了连接以前孤立村庄的国家农村道路建设计划如何影响不同社会群体的创业精神。我们的研究结果表明,新的支线公路增加了所有种姓类别的服务企业的数量,包括边缘化群体。然而,制造业创业只在非边缘化种姓群体中增加。对边缘群体来说,创业的增加似乎是对道路建设后工资就业机会相对减少的一种反应。正规金融和教育基础设施是道路联通促进创业的重要渠道。
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引用次数: 0
Of opinionated bosses and yes men 固执己见的老板和唯唯诺诺的人
IF 2.3 3区 经济学 Q2 ECONOMICS Pub Date : 2026-01-01 DOI: 10.1016/j.jebo.2025.107395
Yuqi (Angela) Jiang , Suraj Prasad
This paper develops a theory of opinionated bosses – this is where a boss reveals her opinions to a worker who is tasked with gathering information. When the worker gathers information across multiple tasks, which he views as substitutes, the boss may selectively reveal her opinions to the worker on a well known task to redirect his effort to the task that is less well known. The benefit is a broader expertise across activities in the organization when rewards across these activities are implicitly determined. The cost is that the worker becomes a yes man. Being opinionated can, i) go hand in hand with weaker opinions, ii) lead to excessive levels of conformity and initiative, and finally, iii) improve the tradeoff between insurance and explicit incentives when a worker is risk averse.
这篇论文提出了一个关于固执己见的老板的理论——老板向负责收集信息的员工透露自己的观点。当员工从多个任务中收集信息时,他认为这些任务是替代的,老板可能会有选择地向员工透露她对已知任务的看法,以将他的精力转移到不太为人所知的任务上。当跨这些活动的奖励被隐式确定时,好处是跨组织中活动的更广泛的专业知识。代价是工人变成唯唯诺诺的人。固执己见可以,1)与较弱的意见相伴,2)导致过度的顺从和主动性,最后,3)当工人厌恶风险时,改善保险和明确激励之间的权衡。
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引用次数: 0
Herding and informed trading: Evidence from Chinese equity markets 羊群效应与知情交易:来自中国股市的证据
IF 2.3 3区 经济学 Q2 ECONOMICS Pub Date : 2026-01-01 DOI: 10.1016/j.jebo.2025.107406
Bartosz Gebka , Han Jin , Vasileios Kallinterakis , Rabaa Karaa , Skander Slim
We empirically investigate the relationship between informed trading and market herding in China for the 2003–2022 period and find a negative contemporaneous relationship, which grows stronger for specific market/economic conditions. Herding comprises of a very strong noise-driven herding and a fundamentals-driven anti-herding; informed trading dampens the former, while boosting the latter. Our results hold when controlling for the 2012 anti-insider trading laws and days of price-limit hits. Evidence on the dynamic relationship between informed trading and herding demonstrates that informed trading Granger-causes herding. Overall, informed traders motivate stronger herding over time, dampening it contemporaneously, thus suggesting that they prey on the very herding they attract.
我们对2003-2022年中国的知情交易与市场羊群之间的关系进行了实证研究,发现这一负相关关系在特定的市场/经济条件下变得更强。羊群包括很强的噪声驱动羊群和基本面驱动的反羊群;知情交易抑制了前者,同时促进了后者。我们的结果在控制2012年反内幕交易法和限价冲击天数的情况下成立。关于知情交易与羊群之间动态关系的证据表明,知情交易的格兰杰原因羊群。总的来说,消息灵通的交易者随着时间的推移激发了更强的羊群效应,同时抑制了羊群效应,因此表明他们捕食的正是他们所吸引的羊群。
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引用次数: 0
Corporate social responsibility as a signal in the labor market 企业社会责任是劳动力市场的一个信号
IF 2.3 3区 经济学 Q2 ECONOMICS Pub Date : 2026-01-01 DOI: 10.1016/j.jebo.2025.107384
Eldar Dadon , Marie Claire Villeval , Ro’i Zultan
Working for a firm engaged in Corporate Social Responsibility (CSR) appeals to potential workers by boosting their self-image and sense of purpose. We propose an additional mechanism: CSR signals a firm’s future treatment of workers. Our model links CSR engagement with a firm’s propensity to support workers during unforeseen times of need. Under this assumption, a potential future need of the worker leads to more firms engaging in CSR and to a higher workers’ willingness to accept lower wages. Our experiment manipulates potential future needs across treatments. While the aggregate analysis does not fully support our theory, exploratory analysis reveals that male workers respond as predicted, whereas female workers do not. Consistently, in a risky environment, male employers increase their CSR engagement, which raises the acceptance rate among male workers. These results do not hold for female employers and workers.
在从事企业社会责任(CSR)的公司工作,可以提升他们的自我形象和使命感,从而吸引潜在的员工。我们提出了另一种机制:企业社会责任标志着企业未来对工人的待遇。我们的模型将企业社会责任参与与企业在不可预见的需求时期支持员工的倾向联系起来。在这一假设下,工人的潜在未来需求导致更多的企业参与企业社会责任,并使工人更愿意接受较低的工资。我们的实验控制了不同治疗方法的潜在未来需求。虽然总体分析并不完全支持我们的理论,但探索性分析表明,男性工人的反应与预测一致,而女性工人则不然。与此一致的是,在风险环境中,男性雇主增加了他们的企业社会责任参与度,这提高了男性员工的接受率。这些结果并不适用于女性雇主和员工。
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引用次数: 0
Optimal information disclosure in competing contests with budget constrained players 预算约束参与方竞争中的最优信息披露
IF 2.3 3区 经济学 Q2 ECONOMICS Pub Date : 2026-01-01 DOI: 10.1016/j.jebo.2025.107392
Anastasia Antsygina
This paper studies optimal information disclosure in two competing contests where contestants face a constraint on their total effort contribution, or budget. The contestants are ex ante uninformed about the value of the prize to be allocated in one of the contests. Before the game starts, the designer of a contest with the unknown prize value chooses a public disclosure rule that maximizes the total effort exerted in her competition, and commits to it. We find that the optimal disclosure rule is generally not unique and can reveal (at least some) information to the contestants. In the absence of competition for effort among contests, the size of the budget has a non-monotonic effect on the designer’s incentives to share information. When competition for effort is at place, the designer’s incentives to share information decline with the size of the budget, which is driven by the substitution effect that forces contestants to reallocate their effort towards a competition with a higher perceived prize.
本文研究了两个竞争竞赛中参赛者面临总努力贡献或预算约束的最优信息披露问题。参赛者事先不知道将在其中一场比赛中分配的奖品的价值。在游戏开始前,奖励值未知的竞赛的设计者选择一个能使其在竞赛中付出的总努力最大化的公开披露规则,并承诺遵守。我们发现,最优披露规则通常不是唯一的,并且可以向参赛者透露(至少一些)信息。在不存在竞争的情况下,预算的大小对设计师分享信息的动机具有非单调的影响。当存在努力竞争时,设计师分享信息的动机会随着预算规模而下降,这是由替代效应驱动的,迫使参赛者重新分配他们的努力,以获得更高的感知奖励。
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引用次数: 0
Time preferences, rates of return, and real-world investment decisions 时间偏好、回报率和现实世界的投资决策
IF 2.3 3区 经济学 Q2 ECONOMICS Pub Date : 2025-12-27 DOI: 10.1016/j.jebo.2025.107396
Scott Fulford , Cortnie Shupe
Time preferences are central to all welfare analyses involving intertemporal tradeoffs. We use a model with endogenous interest rates to study the relationship between underlying time preferences and the interest rates people pay. The model suggests that bad shocks push people to pay higher rates than normal, so a single measurement of a preference for “money earlier or later” (MEL) provides little information on underlying preferences. We use several surveys associated with a panel of respondents’ credit bureau records to compare MEL responses to actual borrowing and saving behavior. While people who are paying higher interest rates do tend to prefer money earlier, the relationship is weak; we strongly reject the hypothesis that survey participants directly respond to MEL questions through comparison to their real-world rates of return on investments. As predicted by the model, negative shocks induce people to borrow more, want money earlier, and pay higher interest rates. Borrowing behavior appears to quickly mean revert, however. We propose an alternative approach to measuring time preferences that uses repeated observations of interest rates in large financial data sets.
时间偏好是所有涉及跨期权衡的福利分析的核心。我们使用一个具有内生利率的模型来研究潜在时间偏好与人们支付的利率之间的关系。该模型表明,糟糕的冲击促使人们比正常情况下支付更高的利率,因此,对“提前或晚付款”(MEL)偏好的单一测量几乎不能提供潜在偏好的信息。我们使用几项与受访者的信用局记录小组相关的调查来比较MEL反应与实际借贷和储蓄行为。虽然支付较高利率的人确实倾向于更早地选择金钱,但这种关系很弱;我们强烈反对调查参与者通过比较他们的真实投资回报率直接回答MEL问题的假设。正如模型所预测的那样,负面冲击促使人们借更多的钱,更早地想要钱,并支付更高的利率。然而,借贷行为似乎很快就意味着回归。我们提出了另一种测量时间偏好的方法,该方法使用对大型金融数据集中利率的重复观察。
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引用次数: 0
Team production on the battlefield: Evidence from NATO in Afghanistan 战场上的团队生产:来自阿富汗北约的证据
IF 2.3 3区 经济学 Q2 ECONOMICS Pub Date : 2025-12-27 DOI: 10.1016/j.jebo.2025.107385
Thiemo Fetzer , Oliver Vanden Eynde , Austin L. Wright
Managing military operations across and between teams of partner nations remains a first-order challenge to security and development during conflict. NATO, under the umbrella of the International Security Assistance Force (ISAF), brought together troops from 28 countries to help enhance security provision in Afghanistan. ISAF units were given responsibility for specific operational units. The assignment of responsibilities to different national armed forces could lead to coordination problems. We explore whether the provision of security is affected by horizontal frictions (when different countries are responsible for different sides of borders) or vertical frictions (when different countries control different levels of the operational hierarchy). We find that both horizontal frictions and vertical frictions are also associated with higher levels of insurgent violence. They also reduce military support activities, including aid projects and patrol activity. These findings indicate that misalignment between units within military organizations can undermine the effectiveness of security and development interventions during war.
在冲突期间,管理伙伴国家之间的军事行动仍然是对安全和发展的首要挑战。在国际安全援助部队(ISAF)的保护下,北约召集了来自28个国家的部队,帮助加强阿富汗的安全保障。安援部队各单位负责具体的行动单位。将责任分配给不同的国家武装部队可能导致协调问题。我们探讨安全的提供是否受到横向摩擦(当不同的国家负责边界的不同方面时)或垂直摩擦(当不同的国家控制不同的操作层次时)的影响。我们发现水平摩擦和垂直摩擦也与更高水平的叛乱暴力有关。他们还减少了军事支持活动,包括援助项目和巡逻活动。这些发现表明,军事组织内各单位之间的不协调可能会破坏战争期间安全和发展干预措施的有效性。
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引用次数: 0
Epidemics and climate change: Disease containment or climate mitigation? 流行病与气候变化:控制疾病还是减缓气候变化?
IF 2.3 3区 经济学 Q2 ECONOMICS Pub Date : 2025-12-25 DOI: 10.1016/j.jebo.2025.107389
Simone Marsiglio , Tatyana Perevalova , Marco Tolotti
We analyze the mutual relation between infectious diseases, climate change and economic capability, focusing on the role of individual decisions and public measures. Climate change favors the spread of novel communicable diseases which determine the size of the healthy workforce; healthy workers are the input in the economic production process which generate polluting emissions; polluting emissions are the main driver of carbon concentration ultimately driving climate change. Individuals’ decisions to comply with social distancing regulations as well as income taxation to finance disease treatment and emissions abatement jointly determine epidemiological and compliance dynamics. We show that according to the specific parametrization a broad variety of possible outcomes may arise, such as the coexistence of multiple stable equilibria, path dependency and metastable transitions. We assess the relative desirability of public policies aiming to speed up recovery or to reduce environmental degradation, showing that in a COVID-like disease parametrization it may be convenient to achieve full carbon neutrality to reduce the climate-induced risk of new epidemic outbreaks.
我们分析了传染病、气候变化和经济能力之间的相互关系,重点关注个人决策和公共措施的作用。气候变化有利于新型传染病的传播,这决定了健康劳动力的规模;健康工人是产生污染排放的经济生产过程中的投入;污染排放是碳浓度的主要驱动因素,最终导致气候变化。个人遵守社交距离条例的决定以及为疾病治疗和减排提供资金的所得税,共同决定了流行病学和遵守情况的动态。我们表明,根据特定的参数化,可能出现多种可能的结果,如多个稳定平衡、路径依赖和亚稳态转变的共存。我们评估了旨在加速恢复或减少环境退化的公共政策的相对可取性,结果表明,在类似covid - 19的疾病参数化中,实现完全碳中和以降低气候引起的新流行病爆发的风险可能是方便的。
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引用次数: 0
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Journal of Economic Behavior & Organization
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