Link Between Wealth and Homo Economicus Behavior?
Do individuals who earn higher income behave more like John Stewart Mill’s Economic Man? In other words, does wealth increase the likelihood of greedy predispositions and thus increased “unethical behavior”? New research published in the early edition of the Proceedings of the National Academy of Sciences seems to suggest this very result. Researchers from the the University of California, Berkeley and Rotman School of Management, […]