5,016 research outputs found

    Noblesse Oblige? Determinants of Survival in a Life and Death Situation

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    This paper explored the determinants of survival in a life and death situation created by an external and unpredictable shock. We are interested to see whether pro-social behaviour matters in such extreme situations. We therefore focus on the sinking of the RMS Titanic as a quasi-natural experiment do provide behavioural evidence which is rare in such a controlled and life threatening event. The empirical results support that social norm such as �women and children first� survive in such an environment. We also observe that women of reproductive age have a higher probability of surviving among women. On the other hand, we observe that crew members used their information advantage and their better access to resources (e.g. lifeboats) to generate a higher probability of surviving. The paper also finds that passenger class, fitness, group size, and cultural background matter.Decision under Pressure, Altruism, Social Norms, Interdependent Preferences, Excess of Demand

    Surviving the Titanic Disaster: Economic, Natural and Social Determinants

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    The sinking of the Titanic in April 1912 took the lives of 68 percent of the people aboard. Who survived? It was women and children who had a higher probability of being saved, not men. Likewise, people traveling in first class had a better chance of survival than those in second and third class. British passengers were more likely to perish than members of other nations.This extreme event represents a rare case of a well-documented life and death situation where social norms were enforced. This paper shows that economic analysis can account for human behavior in such situations.decision under pressure, tragic events and disasters, survival, quasi-natural experiment, altruism

    Surviving the Titanic Disaster: Economic, Natural and Social Determinants

    Get PDF
    The sinking of the Titanic in April 1912 took the lives of 68 percent of the people aboard. Who survived? It was women and children who had a higher probability of being saved, not men. Likewise, people traveling in first class had a better chance of survival than those in second and third class. British passengers were more likely to perish than members of other nations. This extreme event represents a rare case of a well-documented life and death situation where social norms were enforced. This paper shows that economic analysis can account for human behavior in such situations.Decision under Pressure, Tragic Events and Disasters, Survival, Quasi-Natural Experiment, Altruism

    Noblesse Oblige? Determinants of Survival in a Life and Death Situation

    Get PDF
    This paper explored the determinants of survival in a life and death situation created by an external and unpredictable shock. We are interested to see whether pro-social behaviour matters in such extreme situations. We therefore focus on the sinking of the RMS Titanic as a quasi-natural experiment do provide behavioural evidence which is rare in such a controlled and life threatening event. The empirical results support that social norm such as “women and children first” survive in such an environment. We also observe that women of reproductive age have a higher probability of surviving among women. On the other hand, we observe that crew members used their information advantage and their better access to resources (e.g. lifeboats) to generate a higher probability of surviving. The paper also finds that passenger class, fitness, group size, and cultural background matter.decision under pressure, altruism, social norms, interdependent preferences, excess of demand

    The pond fisheries of the Philippines

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    Of the various fishes commonly grown or encouraged to grow in ponds and lakes, the milkfish, or bangos as it is known in the Philippines, is distinctive for its very low trophic level; in confinement it feeds mainly on the blue-green or filamentous green algae of the bottom and to a lesser extent ori the submerged portions of hydrophytic spermatophytes...

    Investigating the use of Virtual Learning Environments by teachers in schools and colleges

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    Investigating the use of Virtual Learning Environments by teachers in schools and college
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