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Epidemic disasters and corporate green investment 疫病灾害与企业绿色投资
IF 2.3 3区 经济学
Journal of Economic Behavior & Organization Pub Date : 2025-07-23 DOI: 10.1016/j.jebo.2025.107157
Tong Fu , Feng He
{"title":"Epidemic disasters and corporate green investment","authors":"Tong Fu ,&nbsp;Feng He","doi":"10.1016/j.jebo.2025.107157","DOIUrl":"10.1016/j.jebo.2025.107157","url":null,"abstract":"<div><div>While most countries have been adopting strategies to boost economic growth after the coronavirus disease 2019, this paper cautions that we may underestimate the influence of epidemics on sustainable development. With micro evidence from mainland China, we show that the intensity of epidemic disasters during the last feudal period (1644–1895) across prefectures has a long-term effect and reduces corporate green investment in 2009. These findings are robust to geographic, institutional, cultural and unobservable factors, and potential endogeneity bias. We further show that risk-taking propensity mediates the relationship between epidemic intensity and corporate green investment, with robustness to confounding mechanisms. These findings justify that epidemics in hundreds of years ago constrain contemporary corporate green investment in the modern society by breeding a culture of risk-taking. Therefore, this paper suggests to design governmental policies for green investment with historical endowment and cultural context.</div></div>","PeriodicalId":48409,"journal":{"name":"Journal of Economic Behavior & Organization","volume":"237 ","pages":"Article 107157"},"PeriodicalIF":2.3,"publicationDate":"2025-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144686309","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}
引用次数: 0
Cooperation creates moral obligations 合作产生道德义务
IF 2.3 3区 经济学
Journal of Economic Behavior & Organization Pub Date : 2025-07-23 DOI: 10.1016/j.jebo.2025.107038
Alexander W. Cappelen , Varun Gauri , Bertil Tungodden
{"title":"Cooperation creates moral obligations","authors":"Alexander W. Cappelen ,&nbsp;Varun Gauri ,&nbsp;Bertil Tungodden","doi":"10.1016/j.jebo.2025.107038","DOIUrl":"10.1016/j.jebo.2025.107038","url":null,"abstract":"<div><div>In a large-scale economic experiment, conducted with a general population sample from the United States, we show that cooperation is seen to create relationship-specific moral obligations among those who cooperate. Participants in the experiment, acting as third party spectators, transfer significantly more money from a lucky to an unlucky worker when the two workers have cooperated with each other than when they have worked independently. In contrast, cooperation is not seen to make the unlucky worker more deserving of help from workers they have not cooperated with. The effect of cooperation is strongly associated with political affiliation: Republicans attach significantly less importance to cooperation as a source of moral obligations than non-Republicans. The findings shed light on the foundations of redistributive preferences and may help explain the difference in the willingness to help in-group members and out-group members.</div></div>","PeriodicalId":48409,"journal":{"name":"Journal of Economic Behavior & Organization","volume":"237 ","pages":"Article 107038"},"PeriodicalIF":2.3,"publicationDate":"2025-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144686307","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}
引用次数: 0
Seeds of disparity: The gender land divide from Brazil’s agricultural transition 差距的种子：巴西农业转型带来的性别土地分化
IF 2.3 3区 经济学
Journal of Economic Behavior & Organization Pub Date : 2025-07-23 DOI: 10.1016/j.jebo.2025.107145
Rafael Araujo , Bruna Borges , Francisco Costa , Kelly Santos
{"title":"Seeds of disparity: The gender land divide from Brazil’s agricultural transition","authors":"Rafael Araujo ,&nbsp;Bruna Borges ,&nbsp;Francisco Costa ,&nbsp;Kelly Santos","doi":"10.1016/j.jebo.2025.107145","DOIUrl":"10.1016/j.jebo.2025.107145","url":null,"abstract":"<div><div>Gender gaps in land ownership are common worldwide, favoring men. This paper studies the impact of agricultural modernization on female land ownership. Focusing on the adoption of genetically engineered (GE) soy seeds in Brazil, we find a decline in female landownership in GE soy-exposed municipalities. We examine the role of mechanisms like credit access, property rights, and gender norms. The effects are more pronounced where rural credit is more abundant but weaker where women receive a larger share of it, and are amplified where property rights are stronger and gender norms more unequal. Our findings highlight the unintended consequences of the spread of new technologies on rural asset ownership, underscoring the importance of considering gender disparities in crafting agricultural and climate change strategies.</div></div>","PeriodicalId":48409,"journal":{"name":"Journal of Economic Behavior & Organization","volume":"237 ","pages":"Article 107145"},"PeriodicalIF":2.3,"publicationDate":"2025-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144686308","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}
引用次数: 0
Optimal reimbursement schemes in contests 竞赛中最优报销方案
IF 2.3 3区 经济学
Journal of Economic Behavior & Organization Pub Date : 2025-07-22 DOI: 10.1016/j.jebo.2025.107163
Subhasish M. Chowdhury , Chen Cohen , Roy Darioshi , Shmuel Nitzan
{"title":"Optimal reimbursement schemes in contests","authors":"Subhasish M. Chowdhury ,&nbsp;Chen Cohen ,&nbsp;Roy Darioshi ,&nbsp;Shmuel Nitzan","doi":"10.1016/j.jebo.2025.107163","DOIUrl":"10.1016/j.jebo.2025.107163","url":null,"abstract":"<div><div>Many contests, such as innovation races or sport competitions, often involve reimbursement of expenses. This study examines optimal reimbursement schemes in two-player Tullock contests, analyzing six reimbursement structures: external versus internal funding source each targeting the contest winner, the loser, or both of them. We assess the implications on effort, winning probabilities, and designer payoff under three key conditions: full-reimbursement, neutrality (preserving initial win chances) and viability (positive efforts from players). We find that all the schemes can satisfy viability; and all the schemes except for external reimbursement to the winner can satisfy neutrality. Additionally, all the schemes except internal reimbursement to the winner, and internal or external reimbursement to both players can satisfy full-reimbursement. These findings indicate that optimal reimbursement structures and rates vary depending on the contest structure, and the designer’s objectives, such as maximizing effort or maximizing personal payoff.</div></div>","PeriodicalId":48409,"journal":{"name":"Journal of Economic Behavior & Organization","volume":"237 ","pages":"Article 107163"},"PeriodicalIF":2.3,"publicationDate":"2025-07-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144679090","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}
引用次数: 0
Beyond income: Understanding preferences for redistribution among the top 1% 超越收入：了解前1%的再分配偏好
IF 2.3 3区 经济学
Journal of Economic Behavior & Organization Pub Date : 2025-07-22 DOI: 10.1016/j.jebo.2025.107132
Matías Strehl-Pessina , Marcelo Bergolo , Martin Leites
{"title":"Beyond income: Understanding preferences for redistribution among the top 1%","authors":"Matías Strehl-Pessina ,&nbsp;Marcelo Bergolo ,&nbsp;Martin Leites","doi":"10.1016/j.jebo.2025.107132","DOIUrl":"10.1016/j.jebo.2025.107132","url":null,"abstract":"<div><div>Do top-income individuals support different levels of redistribution compared to the rest of society? If so, what drives these differences? We address these questions using a novel dataset that combines administrative tax records with unique survey data on the social and economic preferences of workers in Uruguay. We document a marked decline in support for redistribution among the Top 1% of the income distribution. Comparing this group with the Top 50%–2%, we show that differences in support for redistribution are not solely explained by current income or demographics. A set of beliefs, perceptions, and views, including political ideology, meritocratic beliefs, and views on government, account for much of the observed differences. Instead, a set of behavioral traits and social preferences, such as altruism and risk aversion, measured through incentivized online games, contribute little to explaining the gap. Finally, the differences in support for redistribution persist even when comparing the Top 1% with other high-income groups. Together, these findings suggest that the Top 1% is a distinct group with preferences for redistribution that differ from the rest of society, even from other high-income groups.</div></div>","PeriodicalId":48409,"journal":{"name":"Journal of Economic Behavior & Organization","volume":"237 ","pages":"Article 107132"},"PeriodicalIF":2.3,"publicationDate":"2025-07-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144679094","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}
引用次数: 0
Do religious people cope better in a crisis? Evidence from the UK pandemic lockdowns 有宗教信仰的人能更好地应对危机吗？来自英国疫情封锁的证据
IF 2.3 3区 经济学
Journal of Economic Behavior & Organization Pub Date : 2025-07-22 DOI: 10.1016/j.jebo.2025.107136
Sriya Iyer , Shaun Larcom , Jaimin Shah , Po-Wen She
{"title":"Do religious people cope better in a crisis? Evidence from the UK pandemic lockdowns","authors":"Sriya Iyer ,&nbsp;Shaun Larcom ,&nbsp;Jaimin Shah ,&nbsp;Po-Wen She","doi":"10.1016/j.jebo.2025.107136","DOIUrl":"10.1016/j.jebo.2025.107136","url":null,"abstract":"<div><div>We measure whether religious people in the UK coped better during the nationwide pandemic lockdowns using the Understanding Society longitudinal dataset. Using religious belonging and religious intensity, both measured before the pandemic, we find that those who belonged to a religion, and those who stated that religion made a difference to their life, coped better during the pandemic. The magnitude of the difference is sizeable. For the Caseness aggregate measure of psychological distress, the coefficient on religious belonging is around one fifth of the lockdown coefficient. We also estimate the aggregate relationship between religious intensity and coping among those who belong to a religion. Here we find no evidence that intensity of faith is related to better coping. However, we do find some heterogeneity among religions, where intensity is associated with better coping among Christians, while among Muslims we find the opposite relationship.</div></div>","PeriodicalId":48409,"journal":{"name":"Journal of Economic Behavior & Organization","volume":"237 ","pages":"Article 107136"},"PeriodicalIF":2.3,"publicationDate":"2025-07-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144679091","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}
引用次数: 0
On welfarism and scale invariance: What do bargainers bargain about? 论福利主义与规模不变性：议价者在谈什么？
IF 2.3 3区 经济学
Journal of Economic Behavior & Organization Pub Date : 2025-07-22 DOI: 10.1016/j.jebo.2025.107128
Noemí Navarro , Róbert F. Veszteg
{"title":"On welfarism and scale invariance: What do bargainers bargain about?","authors":"Noemí Navarro ,&nbsp;Róbert F. Veszteg","doi":"10.1016/j.jebo.2025.107128","DOIUrl":"10.1016/j.jebo.2025.107128","url":null,"abstract":"<div><div>We experimentally test welfarism and scale invariance, two prominent simplifying assumptions that are often used to characterize bargaining solutions in theoretical models. Our study relies on a context-rich bargaining environment and varies the parameters of the bargaining problem along with the information that bargaining parties have about each other. Under the auxiliary assumption of selfishness, it aims at understanding whether bargaining is guided by abstract utilities as assumed by the classic version of cooperative bargaining theory or rather by comparisons in observables (e.g., money) as often assumed by behavioral models of decision-making. The experimental results show that welfarism and scale invariance are supported when the relevant information is only privately known. In general, bargaining outcomes are robust to rescaling that only affects the anchoring points of the utility scale (welfarism), but not to rescaling that affects the units on the utility scale (scale invariance). Overall, our experimental data deliver scarce empirical support to classic theoretical bargaining solutions based on abstract utility units.</div></div>","PeriodicalId":48409,"journal":{"name":"Journal of Economic Behavior & Organization","volume":"237 ","pages":"Article 107128"},"PeriodicalIF":2.3,"publicationDate":"2025-07-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144679092","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}
引用次数: 0
The role of experience in shifting gender beliefs on performance: Experimental evidence 经验在改变性别信念对表现的影响中的作用：实验证据
IF 2.3 3区 经济学
Journal of Economic Behavior & Organization Pub Date : 2025-07-22 DOI: 10.1016/j.jebo.2025.107115
Miguel A. Fonseca, Ashley McCrea
{"title":"The role of experience in shifting gender beliefs on performance: Experimental evidence","authors":"Miguel A. Fonseca,&nbsp;Ashley McCrea","doi":"10.1016/j.jebo.2025.107115","DOIUrl":"10.1016/j.jebo.2025.107115","url":null,"abstract":"<div><div>In labour markets, women are often underrepresented relative to men. This underrepresentation may be due to inaccurate beliefs about ability across genders. Inaccurate beliefs might cause a sampling problem: to have accurate beliefs about a group, one must first collect information about it. However, employers may not wish to shortlist individuals from a group that is perceived to exhibit lower quality. Inaccurate beliefs may also persist due to biased belief updating. We run a stylised hiring experiment to disentangle these two effects. We ask participants to create shortlists from a male and a female pool of workers and give them feedback on the skill of those they shortlist. Based on that information, participants hire workers, and provide us with their beliefs about the distribution of skills in the male and female pots. We study how employers update their beliefs as a function of their past shortlisting behaviour, and how they shortlist given their beliefs. Participants were more likely to sample from the pool with the higher subjective mean quality (on average men) and lower subjective variance. Participants were not Bayesian updaters but there were no gender-specific biases in updating. Sampling more from a pool and spending more time sampling yield more accurate beliefs.</div></div>","PeriodicalId":48409,"journal":{"name":"Journal of Economic Behavior & Organization","volume":"237 ","pages":"Article 107115"},"PeriodicalIF":2.3,"publicationDate":"2025-07-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144679093","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}
引用次数: 0
Broadband and productivity: Structural estimates for Germany 宽带与生产力：德国的结构性估计
IF 2.3 3区 经济学
Journal of Economic Behavior & Organization Pub Date : 2025-07-21 DOI: 10.1016/j.jebo.2025.107133
Tomaso Duso , Mattia Nardotto , Alexander Schiersch
{"title":"Broadband and productivity: Structural estimates for Germany","authors":"Tomaso Duso ,&nbsp;Mattia Nardotto ,&nbsp;Alexander Schiersch","doi":"10.1016/j.jebo.2025.107133","DOIUrl":"10.1016/j.jebo.2025.107133","url":null,"abstract":"<div><div>We employ a control function methodology, complemented by various identification strategies, to causally estimate the heterogeneous effects of broadband availability on firms’ total factor productivity (TFP) across 46 two-digit manufacturing and service industries in Germany from 2010 to 2015. Throughout this period, the availability of broadband, defined as access to transmission rates of at least 16 Mbps, more than doubled across German municipalities. Our findings reveal that, while broadband availability had a negligible effect on the productivity of manufacturing firms, it exerted a significant and highly heterogeneous impact in numerous service sectors, with an estimated average increase of up to 6.8% in information and communication services.</div></div>","PeriodicalId":48409,"journal":{"name":"Journal of Economic Behavior & Organization","volume":"237 ","pages":"Article 107133"},"PeriodicalIF":2.3,"publicationDate":"2025-07-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144679340","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}
引用次数: 0
Voluntary quality disclosure in the Labour market 劳动力市场的自愿质量披露
IF 2.3 3区 经济学
Journal of Economic Behavior & Organization Pub Date : 2025-07-21 DOI: 10.1016/j.jebo.2025.107152
Tom Lane , Minghai Zhou
{"title":"Voluntary quality disclosure in the Labour market","authors":"Tom Lane ,&nbsp;Minghai Zhou","doi":"10.1016/j.jebo.2025.107152","DOIUrl":"10.1016/j.jebo.2025.107152","url":null,"abstract":"<div><div>We study the transmission by jobseekers to prospective employers of information about their own quality. Data from the UK website Monster.co.uk suggests around one-third-of recent graduates opt not to reveal their degree classification, an important measure of academic quality, to employers. To test how employers react to such non-disclosure, we ran a natural field experiment. We constructed CVs supposedly belonging to recent graduates and varied the information provided about their degree classifications. The CVs were used to make 12,301 applications for graduate jobs advertised on Monster.co.uk between 2019 and 2021, with success measured by the rate of positive responses from employers. Applications leaving classification undisclosed were significantly more successful than those disclosing the lowest possible classification. This suggests limited adverse inference is drawn from missing information. We discuss our results with reference to classic ‘unravelling’ theory, in which undisclosed information is treated with full scepticism and all but the very worst quality information is voluntarily transmitted.</div></div>","PeriodicalId":48409,"journal":{"name":"Journal of Economic Behavior & Organization","volume":"237 ","pages":"Article 107152"},"PeriodicalIF":2.3,"publicationDate":"2025-07-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144670836","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}
引用次数: 0
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