The influence of Cognitive Capacity on corruption.

According to Cognitive psychology,  to understand human decision-making processes (including decisions about acting corruptly) one must look at factors that influence information processing (such as time, mental capacity, and motivation). One must also examine how individuals mentally interpret and organise information by using schemata, the salience of emotions and the importance of social context. Evidence … Continue reading The influence of Cognitive Capacity on corruption.

Natural Resource Wealth and Conflict: How Wealth Can Make You Poor

The prevailing view around 1950s and 1960s was that resource endowments would lead countries to political and economic development and would cooperate for government effectiveness (e.g. increase of accountability, control of corruption and reduction in poverty). Around 1970s economists found this was not the case and rather resource wealth was leading countries to abnormal slow … Continue reading Natural Resource Wealth and Conflict: How Wealth Can Make You Poor

Money cannot buy my motivation!

Population growth and the complexity of societies all over the world is expanding in drastic measures. Correspondingly individual freedom and independent reasoning increase with it. This demands careful governance on social matters is more crucial than ever before. Promotion of social and ethical goals needs to contain well-designed incentives for both the individual and the … Continue reading Money cannot buy my motivation!

Can behavioural Economics influence rates of Savings in Developing Countries

One and a half billion people in the world live in conditions of extreme poverty, surviving on less than $1.25 a day (United Nations, 2010). Explanations as to why these people remain trapped in poverty range from the authoritarian, which contend that the poor are psychologically and attitudinally inferior to other members of society and … Continue reading Can behavioural Economics influence rates of Savings in Developing Countries

The causes of wage inequalities between men and women with a focus on trends of female participation rates in the labor market

Inequality refers to an unfair situation in society where people are treated unfairly based on the differences in income, occupations, wealth, race, nationality, gender, knowledge, abilities, and so on. Inequality is very prominent among male and female. There are many causes that cause inequality between men and women in labor market, such as: differences  on … Continue reading The causes of wage inequalities between men and women with a focus on trends of female participation rates in the labor market