New Economics Papers
on Neuroeconomics
Issue of 2014‒06‒22
three papers chosen by

  1. Are Smarter People Better Samaritans? Effect of Cognitive Abilities on Pro-Social Behaviors By Luis Aranda; Martin Siyaranamual
  2. Cognitive ability, stereotypes and gender segregation in the workplace By Diego Lubian; Anna Untertrifaller
  3. Risk preferences and the role of emotions By Anna Conte; Maria Vittoria Levati; Chiara Nardi

  1. By: Luis Aranda (Department of Economics, University Of Venice Cà Foscari); Martin Siyaranamual (Department of Economics, University Of Venice Cà Foscari)
    Abstract: This study investigates the link between cognitive abilities and civic engagement of older Europeans (aged 50+), using waves two and three of the SHARE dataset. An instrumental variable approach is employed in an attempt to disentangle possible endogeneity issues arising between cognition and pro-social behaviors. In so doing, cognitive abilities are instrumented with the number of books in the respondent’s place of residence during childhood. The results advocate for the existence of a causal relationship running from cognition in old age to community engagement. Though contradicting standard theoretical predictions, this empirical finding is in line with mainline experimental results showing how participants with higher cognitive abilities tend to be less risk averse, and thus more willing to opt for a payoff-dominant action in a stag hunt game context more often.
    Keywords: Cognitive ability; civic engagement; instrumental variables; risk aversion; we-rationality.
    JEL: D03 D64 D71
    Date: 2014
  2. By: Diego Lubian (Department of Economics (University of Verona)); Anna Untertrifaller (Department of Economics (University of Verona))
    Abstract: We carried out a survey among undergraduate students to investigate the role of gender stereotyping in the perception of female work and its consequences in terms of wage differential. Traditional female-oriented and male-oriented jobs are evaluated in terms of compensatory factors related to objective job's characteristics and wages are then assigned to jobholders. We find that males assign lower wages to jobs thought to be carried out by women while women do not assign different wages to male and female workers but, in general, assign lower wages to both genders. Further, we find that even though males with high scores in a cognitive reflection test attribute, in general, higher wages they still assign lower wages to women. Finally, we decompose the wage differential using the classical Blinder-Oaxaca decomposition and find that the wage gap can not be explained by differences in the productive characteristcs of the workers.
    Keywords: Gender wage gap, Gender stereotypes, Cognitive reflection test
    JEL: C1 J16
    Date: 2013–12
  3. By: Anna Conte (University of Westminster); Maria Vittoria Levati (Department of Economics (University of Verona)); Chiara Nardi (Department of Economics (University of Verona))
    Date: 2014–06

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