[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/p/mub/wpaper/2024-01.html
   My bibliography  Save this paper

Meta-analyses in Economic Psychology: A sustainable approach to cross-cultural differences

Author

Listed:
  • Matteo M. Marini

    (Department of Public Economics and Masaryk University Experimental Economics Laboratory, Masaryk University, Brno, Czech Republic)

  • Giulia Ulivieri

    (Department of Economics and Statistics, University of Siena, Siena, Italy)

Abstract
This manuscript is a methodological work on the state of research using meta-analytic procedures in Economic Psychology, with a focus on the investigation of cross-cultural differences. We review published meta-analyses and introduce a new classification thereof by data source, describing how the different categories relate to the study of cross-cultural differences. We also discuss related opportunities and challenges, proposing a sustainable methodological approach that is then implemented in three case studies where we re-analyze data from published meta-analyses. In doing so, the relevance of culture as a determinant is explored by relating country-level cultural indicators to experimental measures of risk aversion, tax compliance, and prosocial behavior, respectively. It turns out that, after we control for country-level cultural heterogeneity and economic development, country-level individualism predicts these economic outcomes. We discuss possible interpretations of our findings.

Suggested Citation

  • Matteo M. Marini & Giulia Ulivieri, 2024. "Meta-analyses in Economic Psychology: A sustainable approach to cross-cultural differences," MUNI ECON Working Papers 2024-01, Masaryk University.
    • Handle: RePEc:mub:wpaper:2024-01
    DOI: 10.5817/WP_MUNI_ECON_2024-01
    as

    Download full text from publisher

    File URL: http://repec.econ.muni.cz/mub/wpaper/wp/econ/WP_MUNI_ECON_2024-01.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.5817/WP_MUNI_ECON_2024-01?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Joseph Henrich, 2001. "In Search of Homo Economicus: Behavioral Experiments in 15 Small-Scale Societies," American Economic Review, American Economic Association, vol. 91(2), pages 73-78, May.
    2. Yuriy Gorodnichenko & Gerard Roland, 2011. "Which Dimensions of Culture Matter for Long-Run Growth?," American Economic Review, American Economic Association, vol. 101(3), pages 492-498, May.
    3. Mulder, Laetitia B. & Rink, Floor & Jordan, Jennifer, 2020. "Constraining temptation: How specific and general rules mitigate the effect of personal gain on unethical behavior," Journal of Economic Psychology, Elsevier, vol. 76(C).
    4. Anna Dreber & Tore Ellingsen & Magnus Johannesson & David Rand, 2013. "Do people care about social context? Framing effects in dictator games," Experimental Economics, Springer;Economic Science Association, vol. 16(3), pages 349-371, September.
    5. Cochard, François & Le Gallo, Julie & Georgantzis, Nikolaos & Tisserand, Jean-Christian, 2021. "Social preferences across different populations: Meta-analyses on the ultimatum game and dictator game," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 90(C).
    6. Gooding, Richard Z. & Goel, Sanjay & Wiseman, Robert M., 1996. "Fixed versus variable reference points in the risk-return relationship," Journal of Economic Behavior & Organization, Elsevier, vol. 29(2), pages 331-350, March.
    7. James Alm & Antoine Malézieux, 2021. "40 years of tax evasion games: a meta-analysis," Experimental Economics, Springer;Economic Science Association, vol. 24(3), pages 699-750, September.
    8. Luigi Guiso & Paola Sapienza & Luigi Zingales, 2006. "Does Culture Affect Economic Outcomes?," Journal of Economic Perspectives, American Economic Association, vol. 20(2), pages 23-48, Spring.
    9. Christoph Huber & Christian König-Kersting & Matteo M. Marini, 2022. "Experimenting with Financial Professionals," Working Papers 2022-07, Faculty of Economics and Statistics, Universität Innsbruck, revised Jun 2024.
    10. Grijalva, Therese & Berrens, Robert P. & Shaw, W. Douglass, 2011. "Species preservation versus development: An experimental investigation under uncertainty," Ecological Economics, Elsevier, vol. 70(5), pages 995-1005, March.
    11. Alberto Alesina & Paola Giuliano, 2015. "Culture and Institutions," Journal of Economic Literature, American Economic Association, vol. 53(4), pages 898-944, December.
    12. Charles A. Holt & Susan K. Laury, 2002. "Risk Aversion and Incentive Effects," American Economic Review, American Economic Association, vol. 92(5), pages 1644-1655, December.
    13. Frijns, Bart & Hubers, Frank & Kim, Donghoon & Roh, Tai-Yong & Xu, Yahua, 2022. "National culture and corporate risk-taking around the world," Global Finance Journal, Elsevier, vol. 52(C).
    14. Andreoni, James, 1990. "Impure Altruism and Donations to Public Goods: A Theory of Warm-Glow Giving?," Economic Journal, Royal Economic Society, vol. 100(401), pages 464-477, June.
    15. Andreoni, James & Payne, A. Abigail & Smith, Justin & Karp, David, 2016. "Diversity and donations: The effect of religious and ethnic diversity on charitable giving," Journal of Economic Behavior & Organization, Elsevier, vol. 128(C), pages 47-58.
    16. Parboteeah, K. Praveen & Cullen, John B. & Lim, Lrong, 2004. "Formal volunteering: a cross-national test," Journal of World Business, Elsevier, vol. 39(4), pages 431-441, November.
    17. Forsythe Robert & Horowitz Joel L. & Savin N. E. & Sefton Martin, 1994. "Fairness in Simple Bargaining Experiments," Games and Economic Behavior, Elsevier, vol. 6(3), pages 347-369, May.
    18. Cai, Meina & Caskey, Gregory W. & Cowen, Nick & Murtazashvili, Ilia & Murtazashvili, Jennifer Brick & Salahodjaev, Raufhon, 2022. "Individualism, economic freedom, and charitable giving," Journal of Economic Behavior & Organization, Elsevier, vol. 200(C), pages 868-884.
    19. Arechar, Antonio A. & Rand, David G., 2022. "Learning to be selfish? A large-scale longitudinal analysis of Dictator games played on Amazon Mechanical Turk," Journal of Economic Psychology, Elsevier, vol. 90(C).
    20. Geert Hofstede, 1994. "Management Scientists Are Human," Management Science, INFORMS, vol. 40(1), pages 4-13, January.
    21. repec:cup:judgdm:v:14:y:2019:i:2:p:156-169 is not listed on IDEAS
    22. Bachke, Maren Elise & Alfnes, Frode & Wik, Mette, 2017. "Information and donations to development aid projects," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 66(C), pages 23-28.
    23. Sjoerd Beugelsdijk & Tatiana Kostova & Kendall Roth, 2017. "An overview of Hofstede-inspired country-level culture research in international business since 2006," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 48(1), pages 30-47, January.
    24. Allingham, Michael G. & Sandmo, Agnar, 1972. "Income tax evasion: a theoretical analysis," Journal of Public Economics, Elsevier, vol. 1(3-4), pages 323-338, November.
    25. Markowsky, Eva & Beblo, Miriam, 2022. "When do we observe a gender gap in competition entry? A meta-analysis of the experimental literature," Journal of Economic Behavior & Organization, Elsevier, vol. 198(C), pages 139-163.
    26. Antonio Filippin & Paolo Crosetto, 2016. "A Reconsideration of Gender Differences in Risk Attitudes," Management Science, INFORMS, vol. 62(11), pages 3138-3160, November.
    27. David Bilén & Anna Dreber & Magnus Johannesson, 2021. "Are women more generous than men? A meta-analysis," Journal of the Economic Science Association, Springer;Economic Science Association, vol. 7(1), pages 1-18, September.
    28. Lago-Peñas, Ignacio & Lago-Peñas, Santiago, 2010. "The determinants of tax morale in comparative perspective: Evidence from European countries," European Journal of Political Economy, Elsevier, vol. 26(4), pages 441-453, December.
    29. Wolfgang Breuer & Michael Riesener & Astrid Juliane Salzmann, 2014. "Risk aversion vs. individualism: what drives risk taking in household finance?," The European Journal of Finance, Taylor & Francis Journals, vol. 20(5), pages 446-462, May.
    30. Joseph Eisenhauer & Doris Geide-Stevenson & David Ferro, 2011. "Experimental Estimates of Taxpayer Ethics," Review of Social Economy, Taylor & Francis Journals, vol. 69(1), pages 29-53.
    31. Marini, Matteo M., 2022. "Does gender moderate the influence of emotions on risk-taking? The meta-analysis reloaded," Journal of Behavioral and Experimental Finance, Elsevier, vol. 35(C).
    32. Hessel Oosterbeek & Randolph Sloof & Gijs van de Kuilen, 2004. "Cultural Differences in Ultimatum Game Experiments: Evidence from a Meta-Analysis," Experimental Economics, Springer;Economic Science Association, vol. 7(2), pages 171-188, June.
    33. Richardson, Grant, 2008. "The relationship between culture and tax evasion across countries: Additional evidence and extensions," Journal of International Accounting, Auditing and Taxation, Elsevier, vol. 17(2), pages 67-78.
    34. Bame-Aldred, Charles W. & Cullen, John B. & Martin, Kelly D. & Parboteeah, K. Praveen, 2013. "National culture and firm-level tax evasion," Journal of Business Research, Elsevier, vol. 66(3), pages 390-396.
    35. Lassen, David Dreyer, 2007. "Ethnic divisions, trust, and the size of the informal sector," Journal of Economic Behavior & Organization, Elsevier, vol. 63(3), pages 423-438, July.
    36. Umer, Hamza, 2023. "Effectiveness of random payment in Experiments: A meta-Analysis of dictator games," Journal of Economic Psychology, Elsevier, vol. 96(C).
    37. Friedland, Nehemiah & Maital, Shlomo & Rutenberg, Aryeh, 1978. "A simulation study of income tax evasion," Journal of Public Economics, Elsevier, vol. 10(1), pages 107-116, August.
    38. Lane, Tom, 2016. "Discrimination in the laboratory: A meta-analysis of economics experiments," European Economic Review, Elsevier, vol. 90(C), pages 375-402.
    39. Joseph Henrich & Steven J. Heine & Ara Norenzayan, 2010. "Most people are not WEIRD," Nature, Nature, vol. 466(7302), pages 29-29, July.
    40. Castellani, Marco, 2019. "Does culture matter for the economic performance of countries? An overview of the literature," Journal of Policy Modeling, Elsevier, vol. 41(4), pages 700-717.
    41. Cagla Okten & Una Okonkwo Osili, 2004. "Contributions in heterogeneous communities: Evidence from Indonesia," Journal of Population Economics, Springer;European Society for Population Economics, vol. 17(4), pages 603-626, December.
    42. Polman, Evan & Wu, Kaiyang, 2020. "Decision making for others involving risk: A review and meta-analysis," Journal of Economic Psychology, Elsevier, vol. 77(C).
    43. Sinha, Tapen, 1994. "Prospect theory and the risk return association: Another look," Journal of Economic Behavior & Organization, Elsevier, vol. 24(2), pages 225-231, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Chowdhury, Subhasish M. & Marini, Matteo M., 2024. "Overbidding and heterogeneous behavior in contest experiments:A meta-comment on cross-cultural differences," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 110(C).
    2. Jakub Prochazka & Shubham Pandey & Ondrej Castek & Mojtaba Firouzjaeiangalougah, 2024. "Replication of Changing Hearts and Minds? Why Media Messages Designed to Foster Empathy Often Fail (Gubler et al., 2022)," MUNI ECON Working Papers 2024-02, Masaryk University, revised Aug 2024.
    3. Fazio, Andrea & Reggiani, Tommaso & Santori, Paolo, 2024. ""Blessed are the Poor": The Weberian Spirit of Capitalism Under Experimental Scrutiny," GLO Discussion Paper Series 1505, Global Labor Organization (GLO).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Marini, Matteo M., 2022. "Does gender moderate the influence of emotions on risk-taking? The meta-analysis reloaded," Journal of Behavioral and Experimental Finance, Elsevier, vol. 35(C).
    2. Mavisakalyan, Astghik & Sharma, Swati & Weber, Clas, 2024. "Pro-environmental behavior and subjective well-being: Culture has a role to play," Ecological Economics, Elsevier, vol. 217(C).
    3. Matteo M. Marini, 2022. "20 years of emotions and risky choices in the lab: A meta-analysis," Working Papers 2022/03, Economics Department, Universitat Jaume I, Castellón (Spain).
    4. Ozbugday, Fatih Cemil, 2019. "Kültür ve Ekonomik Başarı [Culture and Economic Success]," MPRA Paper 96734, University Library of Munich, Germany.
    5. Colin C. Williams, 2023. "A Modern Guide to the Informal Economy," Books, Edward Elgar Publishing, number 18668.
    6. Sun-Ki Chai & Dolgorsuren Dorj & Katerina Sherstyuk, 2018. "Cultural Values and Behavior in Dictator, Ultimatum, and Trust Games: An Experimental Study," Research in Experimental Economics, in: Experimental Economics and Culture, volume 20, pages 89-166, Emerald Group Publishing Limited.
    7. Emmanuelle Deglaire & Peter Daly & Fabrice Lec, 2021. "Exposure to tax dilemmas deteriorate individuals' self-declared tax morale," Economics of Governance, Springer, vol. 22(4), pages 363-397, December.
    8. Butler, Jeffrey V. & Fehr, Dietmar, 2024. "The causal effect of cultural identity on cooperation," Journal of Economic Behavior & Organization, Elsevier, vol. 221(C), pages 134-147.
    9. Knetsch, Andreas & Salzmann, Astrid, 2022. "Societal trust and corporate underinvestment," Global Finance Journal, Elsevier, vol. 54(C).
    10. François Cochard & Alexandre Flage, 2023. "Sharing Losses in Dictator and Ultimatum Games: A Meta-Analysis," Working Papers 2023-09, CRESE.
    11. Chaudhary, Latika & Rubin, Jared & Iyer, Sriya & Shrivastava, Anand, 2020. "Culture and colonial legacy: Evidence from public goods games," Journal of Economic Behavior & Organization, Elsevier, vol. 173(C), pages 107-129.
    12. Cai, Meina & Caskey, Gregory W. & Cowen, Nick & Murtazashvili, Ilia & Murtazashvili, Jennifer Brick & Salahodjaev, Raufhon, 2022. "Individualism, economic freedom, and charitable giving," Journal of Economic Behavior & Organization, Elsevier, vol. 200(C), pages 868-884.
    13. Croson, Rachel & Gächter, Simon, 2010. "The science of experimental economics," Journal of Economic Behavior & Organization, Elsevier, vol. 73(1), pages 122-131, January.
    14. Guerzoni, Marco & Jordan, Alexander, 2016. "“Cursed is the ground because of you”: Religion, Ethnicity, and the Adoption of Fertilizers in Rural Ethiopia," Department of Economics and Statistics Cognetti de Martiis. Working Papers 201605, University of Turin.
    15. Alexander Jordan & Marco Guerzoni, 2021. "“Cursed is the ground because of you”:," Journal of Evolutionary Economics, Springer, vol. 31(3), pages 853-890, July.
    16. Sebastian J Goerg & Heike Hennig-Schmidt & Gari Walkowitz & Eyal Winter, 2016. "In Wrong Anticipation - Miscalibrated Beliefs between Germans, Israelis, and Palestinians," PLOS ONE, Public Library of Science, vol. 11(6), pages 1-16, June.
    17. Ginny Seung Choi & Virgil Henry Storr, 2018. "Market institutions and the evolution of culture," Evolutionary and Institutional Economics Review, Springer, vol. 15(2), pages 243-265, December.
    18. Ciziceno, Marco & Pizzuto, Pietro, 2022. "Life satisfaction and tax morale: The role of trust in government and cultural orientation," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 97(C).
    19. Mauro Marè & Antonello Motroni & Francesco Porcelli, 2015. "Family Ties and Underground Economy," Working papers 16, Società Italiana di Economia Pubblica.
    20. Cochard, François & Flage, Alexandre, 2024. "Sharing losses in dictator and ultimatum games: A meta-analysis," Journal of Economic Psychology, Elsevier, vol. 102(C).

    More about this item

    Keywords

    meta-analysis; individualism; fractionalization; Multiple Price List; Tax Evasion Game; Dictator Game;
    All these keywords.

    JEL classification:

    • C90 - Mathematical and Quantitative Methods - - Design of Experiments - - - General
    • Z10 - Other Special Topics - - Cultural Economics - - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mub:wpaper:2024-01. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: https://edirc.repec.org/data/emunicz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.