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  The Influence Premium of Monetary Status

Martinangeli, A. F. M., & Meiske, B. (2021). The Influence Premium of Monetary Status. Working Paper of the Max Planck Institute for Tax Law and Public Finance, No. 2021-10. doi:10.2139/ssrn.3885612.

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 Urheber:
Martinangeli, Andrea F. M.1, Autor           
Meiske, Biljana1, Autor           
Affiliations:
1Public Economics, MPI for Tax Law and Public Finance, Max Planck Society, ou_830552              

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Schlagwörter: Inequality; status; social influence; ability
 Zusammenfassung: The transmission of adaptively valuable behaviours requires individuals who are more likely to possess them to have greater influence over others’ actions. The conferment of high status to the fittest is functional to this objective. We ask to what extent status recognition and the attribution of status privileges are hard wired in humans’ psychology, in a world in which status imperfectly signals underlying cognitive ability due to the accumulation and transmission of status sources. We find that randomly assigned high status grants individuals greater influence over others’ actions than randomly assigned low status. This finding does not emerge however when the advisor’s status is linked to their cognitive ability.

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Sprache(n): eng - English
 Datum: 2021-07-22
 Publikationsstatus: Online veröffentlicht
 Seiten: 41
 Ort, Verlag, Ausgabe: -
 Inhaltsverzeichnis: -
 Art der Begutachtung: -
 Identifikatoren: DOI: 10.2139/ssrn.3885612
 Art des Abschluß: -

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Titel: Working Paper of the Max Planck Institute for Tax Law and Public Finance
Genre der Quelle: Reihe
 Urheber:
Affiliations:
Ort, Verlag, Ausgabe: -
Seiten: - Band / Heft: No. 2021-10 Artikelnummer: - Start- / Endseite: - Identifikator: -