Common sense suggests that being able to participate in an election and to make your voice be heard in a democracy are sufficient reasons to get people to cast their vote. No matter what background, gender or ethnicity you have, the mere act of voting, untied to whom you actually vote for, should be beneficial … Continue reading Nudging the Nonvoter – Using Behavioral Insights to Increase Voter Turnout
How does identity shape our behavior? Akerlof und Kranton (2000) propose a new concept of utility by incorporating the psychology and sociology of identity into an economic model of behavior. Their utility function represents different social categories and postulates how individuals belonging to these categories should behave. This approach can be applied to nearly any … Continue reading The Economics of Identity – how everything is affected by our sense of self
One of the most popular telenovelas of the last years in Brazil, AvenidaBrasil, was recently announced to be the most successful Brazilian format to date, with more than 50 million viewers and an international broadcast in more than 100 countries. The final episode was the most watched TV program of the year and total earnings … Continue reading The effects of telenovelas on the fertility of Brazilian women
Micro credits are one of the most popular tools for development aid now. The idea is, to put it simply, that the poor are in a “poverty trap” that keeps them poor and that micro loans can empower them to overcome the difficulties connected with the poverty trap and become successful “Micro entrepreneurs”. Micro credit … Continue reading Can Microcredit bring development?
The drivers of fertility rate have been studied in the literature in global, regional and national scale for a long period. A number of previous studies suppose that fertility rate may be affected due to changes in political institutions, female education, income, household expenditures, marriage age, urbanization, globalization, etc. Instead of the approach towards fertility … Continue reading Determinants Of The Dynamic Changes In Iran’s Fertility Rate
In this post I argue that leaving culture out of consideration in empirical studies in the fields of Behavioral and Experimental Economics can put the generality of results found at danger. The starting point of my argument is the omitted variable bias. When relevant independent variables are left out in empirical analysis, the results obtained … Continue reading Consider Culture – The Importance of Controlling for Culture in Behavioral and Experimental Economics
One of the biggest showdowns of history was the clash of the mighty Inka King Atawallpa and the Spanish conqueror Francisco Pizarro at the 16 of November, 1532. Pizarro was delegated from the Spanish king Karl, which was the most powerful ruler in Europe to that time. Contrary, Atawallpa ruled the geographical largest empire … Continue reading Why the Inka King Atawallpa didn´t conquer Spain – Geography or Institutions?
When being asked about how to distinguish the poor from others, lots of people have a tendency to apply measurements based on absolute income. One of these is the ‘Poverty Line’, introduced in 1990 by World Bank to measure poverty across countries and cultures. According to this measurement, people who live on less than $2 … Continue reading Poverty in the eyes of the poor
Have you ever considered thinking on why the fertility rates in some countries are very high while significantly low, even below the replacement rate, in other countries? There can be numerous social, cultural and economical factors that high fertility rate is persistent in some countries. Poverty, lack of education and awareness, teenage marriage and motherhood, … Continue reading Effect of Women Education and Employment On Fertility Rate
When it comes to helping the poor policy-makers have three basic options to design transfers. They can provide in-kind transfers, such as food, medical care or farm animals, transfer cash directly to the ones in need or remit money under certain conditions, e.g. aid only for households, which send their children to school. Behavioural economics … Continue reading Cash or Cow?