Differences in ethical behavior between members of the upper and lower classes have been at the center of civic debates in recent years. In this article, we present a framework for understanding how class affects ethical standards and behaviors. We apply the framework using data from a large Dutch population sample. The data include objective measures of… (More)
The steroid hormone testosterone has been associated with behavior intended to obtain or maintain high social status. Although such behavior is typically characterized as aggressive and competitive, it is clear that high social status is achieved and maintained not only through antisocial behavior but also through prosocial behavior. In the present… (More)
Observing behavior under extreme conditions (i) provides insights into decision making processes; and (ii) improves the external validity of predictions for behavior outside the lab, if the extreme condition is similar to a typical decision situation " in the field. " In terms of the first contribution, the study by Buckert et al. (2014) identifies a link… (More)
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In the valuation of uncertain prospects, a difference is often observed between selling and buying perspectives. This paper distinguishes between risk (known probabilities) and ambiguity (unknown probabilities) in decisions under uncertainty and shows that the valuation disparity increases under ambiguity compared to risk. It is found that both the… (More)