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  1. Mar 28, 2022 · Fig. 1: Psychosocial model of effects of economic inequality. According to our model, objective economic inequality is only moderately correlated with perceived inequality because of segregation ...

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  2. Jul 27, 2019 · 1.2.1 Micro and Macro in Economic Psychology. Economic psychology, like economics, has a micro-perspective, which views things through individual economic entities (e.g., the decision making behavior of one consumer), as well as a macro-perspective, which views things through the macro-level of economic phenomena (e.g., depression and unemployment).

    • Kazuhisa Takemura
    • kazupsy@waseda.jp
    • 2019
  3. Aug 18, 2022 · For example, the article that used the definition that equated the measurement and definition of SES (i.e., that SES is education; Varnum et al., 2012) cited an article that used subjective SES (i.e., Kraus et al., 2009) as evidence for the plausibility of its own hypothesis. Because this citation practice does not work if the measurement and definition of SES are equated, these researchers ...

  4. As was noted in the introduction to this chapter, the definition of altruism in the psychology literature is the same as that used in economics. Altruistically motivated behavior is “directed toward the end-state goal of reducing another’s pain or increasing another’s pleasure,” or quoting the dictionary definition “‘unselfish concern for the welfare of others’” ( Batson et al ...

  5. Behavioural economics is an approach to economic analysis that blends insights from economics and psychology to explain how people make everyday economic decisions, and how these affect economic outcomes. The collection of articles below covers a variety of research in this area such as asking why people vote, to how much monetary and non ...

  6. Working Paper 16822. DOI 10.3386/w16822. Issue Date February 2011. This paper explores the power of personality traits both as predictors and as causes of academic and economic success, health, and criminal activity. Measured personality is interpreted as a construct derived from an economic model of preferences, constraints, and information.

  7. Feb 28, 2018 · It is also worth noting that the perception of threat to a group's economic interests is likely to be greater during times of economic recession. Emotion and prosocial behaviour A strong theme emerging from research investigating the relation between social class and emotion is that lower-class individuals score more highly on measures of empathy.

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