An anti-capitalist cultural bias, through directed within-family human capital transmission, adversely affects the supply of entrepreneurial talent and risk-taking. This limits economic progress if aggregate productivity is low. When productivity is high, economic incentives can overcome cultural inertia. Though the income level depends on culture, the growth rate in this case does not. JEL Cod...

I provide a typology of social capital, breaking it down into seven more fundamental forms of capital: information capital, brokerage capital, coordination and leadership capital, bridging capital, favor capital, reputation capital, and community capital. I discuss how most of these forms of social capital can be identified using different network-based measures. JEL Classification Codes: D85, ...

http://dx.doi.org/10.1016/j.comcom.2014.08.005 0140-3664/ 2014 Elsevier B.V. All rights reserved. ⇑ Corresponding author at: Department of Automation, Tsinghua University, Beijing, China. E-mail addresses: [email protected] (K. Wang), fu-z13@mails. tsinghua.edu.cn (Z. Fu), [email protected] (X. Hu), [email protected]. cn (J. Li). Kai Wang a,b,⇑, Zhe Fu , Xiaohe Hu , Ju...

G21 Z̃22 Z̃23 Z̃24 W̃21 G31 Z̃32 Z̃33 Z̃34 W̃31 G41 G42 Z̃43 Z̃44 W̃41 G51 G52 Z̃53 Z̃54 W̃51 Z11 Z12 Z13 Z14 W11 G21 Z̃22 Z̃23 Z̃24 W̃21 G31 Z̃32 Z̃33 Z̃34 W̃31 G41 G42 Z̃43 Z̃44 W̃41 G51 G52 Z̃53 Z̃54 W̃51 Two-Stage Least Squares algorithms with QR decomposition for Simultaneous Equations Models on heterogeneous multicore and multi-GPU systems Carla Ramiroa, José J. López-Espínb, Domingo Giménezc and Antonio M. Vidala

We explore the scientific potential of virtual worlds for experimental economists. In particular, we report the results of a series of virtual world experiments designed to examine the suitability of (a) users as subjects and (b) the computer interface as an experimental platform. Formal results and informal observations from the sessions are discussed in terms of the methodological opportuniti...

The Big Carrot: High Stake Incentives Revisited This paper provides an empirical demonstration of high stakes incentives in relation to religious practice. It shows that, when both positive (carrot) and negative (stick) incentives are available, the former are more effective than the latter. Specifically, it is shown that beliefs in heaven are much more relevant than beliefs in hell when estima...

Experimental work in economics prompted the development of theories of other-regarding behavior. In this paper we reanalyze two classic public goods experiments and focus on the nature individuals’ responses to others’ behavior in order to help distinguish alternative motives of giving, including altruism, warm glow, reciprocity and inequality aversion. Analysis that allows for asymmetric feedb...

That individuals contribute in social dilemma interactions even when contributing is costly is a wellestablished observation in the experimental literature. Since a contributor is always strictly worse off than a non-contributor the question is raised if an intrinsic motivation to contribute can survive in an evolutionary setting. Applying stochastic evolutionary dynamics we give conditions for...