nep-cbe New Economics Papers
on Cognitive and Behavioural Economics
Issue of 2024–12–23
two papers chosen by
Marco Novarese, Università degli Studi del Piemonte Orientale


  1. Macro-Level Institutions and Micro-Level Economic Behavior: A Meta-Meta Analysis of 1, 126 Studies By Jason A. Aimone; Sheryl Ball; Esha Dwibedi; Jeremy J. Jackson; James E. West
  2. Non-Meritocrats or Choice-Reluctant Meritocrats? A Redistribution Experiment in China and France By Belguise, Margot; huang, yuchen; Mo, Zhexun

  1. By: Jason A. Aimone; Sheryl Ball; Esha Dwibedi; Jeremy J. Jackson; James E. West
    Abstract: We combine societal-level institutional measures from 51 countries between 1996 and 2017 with individual decision-making outcome data from 1, 126 laboratory experiments in six meta-analyses to evaluate the effects of within-country institutional change on pro-social and Nash behavior. We find that government effectiveness and regulatory freedom positively correlate with pro-social behavior. We find that freedom from each of the following components of regulation; interest rate controls, binding minimum wages, worker dismissal protections, conscription, and administrative requirements; are correlated with prosocial behavior and are inversely correlated with Nash behavior. These results suggest the importance of considering spillover effects in pro-social behavior when designing government policy.
    JEL: C91 H1 P5
    Date: 2024–11
    URL: https://d.repec.org/n?u=RePEc:nbr:nberwo:33129
  2. By: Belguise, Margot; huang, yuchen; Mo, Zhexun
    Abstract: Recent experimental evidence contends that meritocratic ideals are mainly a Western phenomenon. Intriguingly, the Chinese public does not appear to differentiate between merit- and luck-based inequalities, despite China’s historical emphasis on meritocratic institutions. We propose that this phenomenon could be due to the Chinese public’s greater reluctance to make an active choice in real-stake redistribution decisions. We run an incentivized redistribution experiment with elite university students in China and France, by varying the initial split of payoffs between two real-life workers to redistribute from. We show that, compared to French respondents, Chinese respondents consistently and significantly choose more non-redistribution across both highly unequal and relatively equal status quo scenarios. Additionally, we also find that Chinese respondents do differentiate between merit- and luck-based inequalities, and do not redistribute less than the French, excluding the individuals who engage in non-redistribution choices. Chinese respondents are also as reactive as the French towards scenarios with noisy signals of merit, such as inequalities of opportunities. Ultimately, we contend that the reluctance to make an active choice is indicative of diminished political agency to act upon redistribution decisions with real-life stakes, rather than apathy, inattention, having benefited from the status quo in Chinese society or libertarian preferences among the Chinese. Notably, our findings show that Chinese individuals’ reluctance to make a choice is particularly pronounced among those from families of working-class and farming backgrounds, while it is absent among individuals whose families have closer ties to the private sector. (Stone Center on Socio-Economic Inequality Working Paper)
    Date: 2024–11–21
    URL: https://d.repec.org/n?u=RePEc:osf:socarx:vcuzp

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