I was reading an interesting article called “Doing good or doing well? Image motivation and monetary incentives in behaving prosocially”, which is basically a study by some prominent economists to understand what motivates people to invest time or money in charity work. The basic premise is that people do it to improve their image –…
All posts tagged Economics
I’m Sure There Is A Gaming Analogy Here Somewhere..
Regarding the current credit crunch, I did some digging and learned some lovely little nuggets about Canada. Less than 25% of house loans in Canada are securitized (by someone else, other than the banks) meaning over 75% are on the the banks balance sheets, making the banks accountable. The higher risk sub prime mortgages account…