Pub Date : 2024-10-04DOI: 10.1016/j.jebo.2024.106758
Annalisa Tassi
I study the relationship between changes in community needs and the supply of voluntary work. I present basic theoretical considerations, which suggest that the relationship between voluntary work and an increase in community needs is ambiguous. Then, I test the relationship empirically by proxying community needs with the number of needy people, i.e., refugees, in a county, and by exploiting the quasi-random allocation of refugees within Germany. I find that doubling the number of refugees increases the probability of volunteering by about 2 percentage points. These estimates imply that 1.45 million people additionally volunteered during the refugee crisis, i.e., more than one person per refugee.
{"title":"Do community needs affect the decision to volunteer? The case of refugees in Germany","authors":"Annalisa Tassi","doi":"10.1016/j.jebo.2024.106758","DOIUrl":"10.1016/j.jebo.2024.106758","url":null,"abstract":"<div><div>I study the relationship between changes in community needs and the supply of voluntary work. I present basic theoretical considerations, which suggest that the relationship between voluntary work and an increase in community needs is ambiguous. Then, I test the relationship empirically by proxying community needs with the number of needy people, i.e., refugees, in a county, and by exploiting the quasi-random allocation of refugees within Germany. I find that doubling the number of refugees increases the probability of volunteering by about 2 percentage points. These estimates imply that 1.45 million people additionally volunteered during the refugee crisis, i.e., more than one person per refugee.</div></div>","PeriodicalId":48409,"journal":{"name":"Journal of Economic Behavior & Organization","volume":"227 ","pages":"Article 106758"},"PeriodicalIF":2.3,"publicationDate":"2024-10-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142423836","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-10-03DOI: 10.1016/j.jebo.2024.106738
Alejandra Martínez-Alfaro , Adan Silverio-Murillo , Jose Balmori-de-la-Miyar
This study aims to investigate the potential impact of signaling a transgender identity on the likelihood of receiving a callback during a hiring process in Mexico. Employing a correspondence study design, 512 resumes were randomly sent to employers across sixteen states. We exclusively used profiles of transgender and cisgender women in women-dominated sectors: sales and administration. Results indicate that applications from transgender candidates received 36% fewer positive responses than those from cisgender candidates. These findings corroborate existing evidence of discriminatory practices in hiring processes against transgender individuals.
{"title":"What's in a name? Evidence of transgender labor discrimination in Mexico","authors":"Alejandra Martínez-Alfaro , Adan Silverio-Murillo , Jose Balmori-de-la-Miyar","doi":"10.1016/j.jebo.2024.106738","DOIUrl":"10.1016/j.jebo.2024.106738","url":null,"abstract":"<div><div>This study aims to investigate the potential impact of signaling a transgender identity on the likelihood of receiving a callback during a hiring process in Mexico. Employing a correspondence study design, 512 resumes were randomly sent to employers across sixteen states. We exclusively used profiles of transgender and cisgender women in women-dominated sectors: sales and administration. Results indicate that applications from transgender candidates received 36% fewer positive responses than those from cisgender candidates. These findings corroborate existing evidence of discriminatory practices in hiring processes against transgender individuals.</div></div>","PeriodicalId":48409,"journal":{"name":"Journal of Economic Behavior & Organization","volume":"227 ","pages":"Article 106738"},"PeriodicalIF":2.3,"publicationDate":"2024-10-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142424172","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-10-01DOI: 10.1016/j.jebo.2024.106749
Andrew Dickinson , Glen R. Waddell
Using data on GitHub users around the world, we estimate the effects of transitions to Daylight Saving Time on worker activity. In daily activity, transitions appear short lived—there is evidence of two days of declines before activity returns to baseline levels. However, hourly analysis reveals a transition to Daylight Saving Time that is much longer—losses appear in the early working hours of work days into a second week following the initiation of Daylight Saving Time.
{"title":"Productivity losses in the transition to Daylight Saving Time: Evidence from hourly GitHub activity","authors":"Andrew Dickinson , Glen R. Waddell","doi":"10.1016/j.jebo.2024.106749","DOIUrl":"10.1016/j.jebo.2024.106749","url":null,"abstract":"<div><div>Using data on GitHub users around the world, we estimate the effects of transitions to Daylight Saving Time on worker activity. In daily activity, transitions appear short lived—there is evidence of two days of declines before activity returns to baseline levels. However, hourly analysis reveals a transition to Daylight Saving Time that is much longer—losses appear in the early working hours of work days into a second week following the initiation of Daylight Saving Time.</div></div>","PeriodicalId":48409,"journal":{"name":"Journal of Economic Behavior & Organization","volume":"227 ","pages":"Article 106749"},"PeriodicalIF":2.3,"publicationDate":"2024-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142359455","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-10-01DOI: 10.1016/j.jebo.2024.106718
Lorenz Goette , Julien Senn
Workers are often required to jointly work on interdependent tasks that are cognitively complex. Yet, relatively little empirical evidence exists on how to effectively incentivize the workforce in such settings. Using a novel real-effort experiment, we assess the effects of team-based incentives (TBI) and individual-based incentives (IBI) on productivity. We provide evidence that TBI yield higher productivity than IBI, both when holding the incentives for the worker constant, and when holding the marginal cost of output for the firm constant. Various measures point towards workers engaging in lower quality work under IBI. We also provide new evidence that performance does not necessarily increase with the size of the monetary rewards. Overall, these results underscore the benefits of incentivizing the workforce in teams in settings in which workers’ payoff are interdependent and tasks are complex.
工人们经常需要共同完成相互依存的任务,这些任务在认知上十分复杂。然而,关于如何在这种情况下有效激励劳动力的经验证据却相对较少。我们利用一个新颖的实际工作实验,评估了团队激励(TBI)和个人激励(IBI)对生产率的影响。我们提供的证据表明,无论是在工人的激励机制不变的情况下,还是在企业的边际产出成本不变的情况下,团队激励机制都比个人激励机制产生更高的生产率。各种测量结果表明,在 IBI 下,工人的工作质量较低。我们还提供了新的证据,证明绩效并不一定会随着货币奖励的增加而提高。总之,这些结果强调了在工人报酬相互依赖且任务复杂的情况下,激励团队劳动力的好处。
{"title":"Incentivizing interdependent tasks: Evidence from a real-effort experiment","authors":"Lorenz Goette , Julien Senn","doi":"10.1016/j.jebo.2024.106718","DOIUrl":"10.1016/j.jebo.2024.106718","url":null,"abstract":"<div><div>Workers are often required to jointly work on interdependent tasks that are cognitively complex. Yet, relatively little empirical evidence exists on how to effectively incentivize the workforce in such settings. Using a novel real-effort experiment, we assess the effects of team-based incentives (TBI) and individual-based incentives (IBI) on productivity. We provide evidence that TBI yield higher productivity than IBI, both when holding the incentives for the worker constant, and when holding the marginal cost of output for the firm constant. Various measures point towards workers engaging in lower quality work under IBI. We also provide new evidence that performance does not necessarily increase with the size of the monetary rewards. Overall, these results underscore the benefits of incentivizing the workforce in teams in settings in which workers’ payoff are interdependent and tasks are complex.</div></div>","PeriodicalId":48409,"journal":{"name":"Journal of Economic Behavior & Organization","volume":"227 ","pages":"Article 106718"},"PeriodicalIF":2.3,"publicationDate":"2024-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142423982","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-09-30DOI: 10.1016/j.jebo.2024.106748
Eduardo Ferraz , César Mantilla
We use a three-period model to explore the optimal asset transfer that a present self, aware that her near future self is present-biased but better informed, will make to protect her far future self against income shocks. The model captures the present self’s trade-off between using illiquid savings as a commitment mechanism, restricting the near future self from its consumption temptations; and giving flexibility to the near future self to adjust consumption after knowing the shock size. We adopt a class of utility functions, à la Epstein–Zin, to vary risk aversion while holding time preferences fixed. Our main result states that a more risk-averse agent would purchase more illiquid assets.
{"title":"How risk aversion shapes the trade-off between commitment and flexibility","authors":"Eduardo Ferraz , César Mantilla","doi":"10.1016/j.jebo.2024.106748","DOIUrl":"10.1016/j.jebo.2024.106748","url":null,"abstract":"<div><div>We use a three-period model to explore the optimal asset transfer that a present self, aware that her near future self is present-biased but better informed, will make to protect her far future self against income shocks. The model captures the present self’s trade-off between using illiquid savings as a commitment mechanism, restricting the near future self from its consumption temptations; and giving flexibility to the near future self to adjust consumption after knowing the shock size. We adopt a class of utility functions, à la Epstein–Zin, to vary risk aversion while holding time preferences fixed. Our main result states that a more risk-averse agent would purchase more illiquid assets.</div></div>","PeriodicalId":48409,"journal":{"name":"Journal of Economic Behavior & Organization","volume":"227 ","pages":"Article 106748"},"PeriodicalIF":2.3,"publicationDate":"2024-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142359383","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-09-30DOI: 10.1016/j.jebo.2024.106745
Yong Yang , Yonggui Wang , Linlin Wang , Yan Wu
Given the recent concerns about de-globalization following the pandemic, this study explores the extent to which the performance of multinational firms (specifically their foreign subsidiaries) is influenced by country-specific, sectoral, and firm-level factors, drawing on a firm-level panel of more than 130 thousand foreign subsidiaries in 99 countries. We find evidence that a rise in host country household spending (per capita) improves the financial performance of foreign subsidiaries. This suggests that host countries with growing household spending show greater market potential, enabling foreign companies to generate higher returns. In addition, this positive return is contingent on the subsidiary's local knowledge and entry mode strategies, and the positive effect is more prominent during times of uncertainties like the recent global pandemic. Furthermore, we find that this positive effect of greater household spending is conditional on the sectoral affiliation of firms, namely, digital versus non-digital sectors. As foreign companies in the digital sector are typically characterized by advanced sophisticated technologies and know-how, they tend to benefit more in countries where per capita household spending is greater. Our results support the rationale for globalization in the digitalized world.
{"title":"Host country household spending and foreign subsidiary performance: The role of local knowledge, entry mode strategies, and the digital economy","authors":"Yong Yang , Yonggui Wang , Linlin Wang , Yan Wu","doi":"10.1016/j.jebo.2024.106745","DOIUrl":"10.1016/j.jebo.2024.106745","url":null,"abstract":"<div><div>Given the recent concerns about de-globalization following the pandemic, this study explores the extent to which the performance of multinational firms (specifically their foreign subsidiaries) is influenced by country-specific, sectoral, and firm-level factors, drawing on a firm-level panel of more than 130 thousand foreign subsidiaries in 99 countries. We find evidence that a rise in host country household spending (per capita) improves the financial performance of foreign subsidiaries. This suggests that host countries with growing household spending show greater market potential, enabling foreign companies to generate higher returns. In addition, this positive return is contingent on the subsidiary's local knowledge and entry mode strategies, and the positive effect is more prominent during times of uncertainties like the recent global pandemic. Furthermore, we find that this positive effect of greater household spending is conditional on the sectoral affiliation of firms, namely, digital versus non-digital sectors. As foreign companies in the digital sector are typically characterized by advanced sophisticated technologies and know-how, they tend to benefit more in countries where per capita household spending is greater. Our results support the rationale for globalization in the digitalized world.</div></div>","PeriodicalId":48409,"journal":{"name":"Journal of Economic Behavior & Organization","volume":"227 ","pages":"Article 106745"},"PeriodicalIF":2.3,"publicationDate":"2024-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142359384","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-09-28DOI: 10.1016/j.jebo.2024.106750
Anton Pichler , Jan Hurt , Tobias Reisch , Johannes Stangl , Stefan Thurner
The Russian invasion of Ukraine on February 24, 2022 entailed the threat of a drastic and sudden reduction of natural gas supply to the European Union. This paper presents a techno-economic analysis of the consequences of a sudden gas supply shock to Austria, one of the most dependent countries on imports of Russian gas. Our analysis comprises (a) a detailed assessment of supply and demand side countermeasures to mitigate the immediate shortfall in Russian gas imports, (b) a mapping of the net reduction in gas supply to industrial sectors to quantify direct economic shocks and expected relative reductions in gross output and (c) the quantification of higher-order economic impacts through using a dynamic out-of-equilibrium input–output model. Our results show that potential economic consequences can range from relatively mild to highly severe, depending on the implementation and success of counteracting mitigation measures. We find that securing alternative gas imports, storage management, and incentivizing fuel switching represent the most important short-term policy levers to mitigate the adverse impacts of a sudden import stop.
{"title":"Economic impacts of a drastic gas supply shock and short-term mitigation strategies","authors":"Anton Pichler , Jan Hurt , Tobias Reisch , Johannes Stangl , Stefan Thurner","doi":"10.1016/j.jebo.2024.106750","DOIUrl":"10.1016/j.jebo.2024.106750","url":null,"abstract":"<div><div>The Russian invasion of Ukraine on February 24, 2022 entailed the threat of a drastic and sudden reduction of natural gas supply to the European Union. This paper presents a techno-economic analysis of the consequences of a sudden gas supply shock to Austria, one of the most dependent countries on imports of Russian gas. Our analysis comprises (a) a detailed assessment of supply and demand side countermeasures to mitigate the immediate shortfall in Russian gas imports, (b) a mapping of the net reduction in gas supply to industrial sectors to quantify direct economic shocks and expected relative reductions in gross output and (c) the quantification of higher-order economic impacts through using a dynamic out-of-equilibrium input–output model. Our results show that potential economic consequences can range from relatively mild to highly severe, depending on the implementation and success of counteracting mitigation measures. We find that securing alternative gas imports, storage management, and incentivizing fuel switching represent the most important short-term policy levers to mitigate the adverse impacts of a sudden import stop.</div></div>","PeriodicalId":48409,"journal":{"name":"Journal of Economic Behavior & Organization","volume":"227 ","pages":"Article 106750"},"PeriodicalIF":2.3,"publicationDate":"2024-09-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142359382","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-09-27DOI: 10.1016/j.jebo.2024.106746
Metin M. Coşgel , Thomas J. Miceli , Emre Özer
The decisive oath is an interesting but little-known element in some legal proceedings, mostly in civil law traditions. It is different from ordinary (testimonial) oaths that are routinely administered to witnesses at trial with the aim of eliciting only truthful testimony, but which are of dubious value in achieving that end. By contrast, a decisive oath can end a lawsuit in cases where the plaintiff has no evidence. We use a simple economic model of litigation to examine the impact of the decisive oath in resolving lawsuits and the effects of religious status on the likelihoods of requesting and taking the oath. To test the implications of the model, we use data from the early nineteenth century Ottoman courts to examine the empirical relationship between the stakes of the case, religious status of defendants, and litigation outcomes. The results show that as the stakes of a case increased: (1) resolution by evidence-based trial or the oath option were both more likely than settlement; (2) the plaintiff was less likely to request an oath from non-religious defendants as the baseline, with an additional effect that was also negative and even greater for religious defendants; and (3) non-religious defendants were more likely to take the oath, with an additional effect that was negative for religious defendants, which offset or reversed the baseline positive effect. Our analysis contributes both to the theoretical literature on the economics of dispute resolution, and to the historical literature on the role of decisive oaths in resolving legal disputes, especially in Islamic societies and civil law traditions.
{"title":"Resolving lawsuits with a decisive oath: An economic analysis","authors":"Metin M. Coşgel , Thomas J. Miceli , Emre Özer","doi":"10.1016/j.jebo.2024.106746","DOIUrl":"10.1016/j.jebo.2024.106746","url":null,"abstract":"<div><div>The decisive oath is an interesting but little-known element in some legal proceedings, mostly in civil law traditions. It is different from ordinary (testimonial) oaths that are routinely administered to witnesses at trial with the aim of eliciting only truthful testimony, but which are of dubious value in achieving that end. By contrast, a decisive oath can end a lawsuit in cases where the plaintiff has no evidence. We use a simple economic model of litigation to examine the impact of the decisive oath in resolving lawsuits and the effects of religious status on the likelihoods of requesting and taking the oath. To test the implications of the model, we use data from the early nineteenth century Ottoman courts to examine the empirical relationship between the stakes of the case, religious status of defendants, and litigation outcomes. The results show that as the stakes of a case increased: (1) resolution by evidence-based trial or the oath option were both more likely than settlement; (2) the plaintiff was less likely to request an oath from non-religious defendants as the baseline, with an additional effect that was also negative and even greater for religious defendants; and (3) non-religious defendants were more likely to take the oath, with an additional effect that was negative for religious defendants, which offset or reversed the baseline positive effect. Our analysis contributes both to the theoretical literature on the economics of dispute resolution, and to the historical literature on the role of decisive oaths in resolving legal disputes, especially in Islamic societies and civil law traditions.</div></div>","PeriodicalId":48409,"journal":{"name":"Journal of Economic Behavior & Organization","volume":"227 ","pages":"Article 106746"},"PeriodicalIF":2.3,"publicationDate":"2024-09-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142327045","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-09-27DOI: 10.1016/j.jebo.2024.106740
Qingyang Wu , Yaqi Wang , Guangjun Shen
Using a novel dataset covering over one million firm-level energy consumption entries from 2007-2016, we employ a difference-in-differences approach to estimate the causal effect of tax incentives on carbon emission intensity by exploiting China’s staggered implementation of accelerated depreciation policies for fixed assets in 2014 and 2015. We find that the accelerated depreciation policy leads to a significant 9.19% reduction in carbon emission intensity, equivalent to 0.11 tons of carbon emissions per 10,000 RMB of industrial value added. The policy effect is more pronounced for large firms, those with medium-term assets, and in regions with greater market integration and industrial agglomeration. Our firm-level analysis reveals that the policy reduces energy consumption, promotes a shift towards a cleaner energy portfolio and increases R&D investments in abatement technologies, as well as climate-friendly innovations. The above results show high consistency with verification at the aggregation level using satellite-based observations. Our findings highlight the potential of well-designed fiscal policies to contribute to global climate action efforts in developing economies.
{"title":"The green bonus of tax incentives: Evidence from China","authors":"Qingyang Wu , Yaqi Wang , Guangjun Shen","doi":"10.1016/j.jebo.2024.106740","DOIUrl":"10.1016/j.jebo.2024.106740","url":null,"abstract":"<div><div>Using a novel dataset covering over one million firm-level energy consumption entries from 2007-2016, we employ a difference-in-differences approach to estimate the causal effect of tax incentives on carbon emission intensity by exploiting China’s staggered implementation of accelerated depreciation policies for fixed assets in 2014 and 2015. We find that the accelerated depreciation policy leads to a significant 9.19% reduction in carbon emission intensity, equivalent to 0.11 tons of carbon emissions per 10,000 RMB of industrial value added. The policy effect is more pronounced for large firms, those with medium-term assets, and in regions with greater market integration and industrial agglomeration. Our firm-level analysis reveals that the policy reduces energy consumption, promotes a shift towards a cleaner energy portfolio and increases R&D investments in abatement technologies, as well as climate-friendly innovations. The above results show high consistency with verification at the aggregation level using satellite-based observations. Our findings highlight the potential of well-designed fiscal policies to contribute to global climate action efforts in developing economies.</div></div>","PeriodicalId":48409,"journal":{"name":"Journal of Economic Behavior & Organization","volume":"227 ","pages":"Article 106740"},"PeriodicalIF":2.3,"publicationDate":"2024-09-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142327046","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2024-09-24DOI: 10.1016/j.jebo.2024.106743
Karen E. Hauge , Snorre Kverndokk , Andreas Lange
We experimentally investigate reasons for opposing market institutions. The experiment shows that opposition to implementing market institutions varies by background characteristics and shows that distributional concerns are a reason for opposing trade institutions. We find no evidence that the opposition to trade is due to risk preferences or paternalistic motives. A main driver of the opposition to trade is the information about background conditions: veils of uncertainty increase the support for the trade institution.
{"title":"Opposition to markets: Experimental evidence","authors":"Karen E. Hauge , Snorre Kverndokk , Andreas Lange","doi":"10.1016/j.jebo.2024.106743","DOIUrl":"10.1016/j.jebo.2024.106743","url":null,"abstract":"<div><div>We experimentally investigate reasons for opposing market institutions. The experiment shows that opposition to implementing market institutions varies by background characteristics and shows that distributional concerns are a reason for opposing trade institutions. We find no evidence that the opposition to trade is due to risk preferences or paternalistic motives. A main driver of the opposition to trade is the information about background conditions: veils of uncertainty increase the support for the trade institution.</div></div>","PeriodicalId":48409,"journal":{"name":"Journal of Economic Behavior & Organization","volume":"227 ","pages":"Article 106743"},"PeriodicalIF":2.3,"publicationDate":"2024-09-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142315443","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}