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The Moderating Effects of Social Norms on Pre-merger Overspending

Results from a Survey Experiment

Dados Bibliográficos

ID6404337
AutoresJostein Askim (0000-0002-5675-6937, University of Oslo), Kurt Houlberg (0000-0003-2127-6957, VIVE - The Danish Center for Social Science Research, autor correspondente)
Ano2023
Volume59
Fascículo5
Páginas1295-1320
Data de publicação2023-09-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoUrban Affairs Review (JOURNAL)
Identificadores do periódicoISSN: 1078-0874 • E-ISSN: 1552-8332
EditoraSAGE Publications Inc (PUBLISHER)
DOI10.1177/10780874221090873
OpenAlexW4281723110
IdiomaEN
Citações recebidas3
Referências citadas42

The proposition that amalgamation reforms lead to a common-pool problem is strongly supported; governments are incentivized to overspend before the merger is implemented. However, existing literature helps little in understanding why some governments do not overspend in the pre-merger period, and why hoarders do not overspend more than they do. One explanation hitherto overlooked is the moderating effect of social norms. Two hypotheses regarding the importance of social norms are tested with data from a survey experiment conducted on over 3,000 Norwegian local elected officials. The analysis supports both: Support for hoarding is lower when hoarding is debt-financed than when financed by savings. Support for hoarding is also lower when others in the amalgamation are anticipated not to hoard than when they are. That pre-merger hoarding varies with different levels of social obligations vis-à-vis the amalgamation has implications for common-pool theory and for reformers of the structure of government

Business · Debt · Divestment · Economics · Government (linguistics · Hoarding (animal behavior · Macroeconomics · Norwegian · Political science · Proposition · Public economics · Survey data collection · Economic Policies and Impacts · Financial Literacy, Pension, Retirement Analysis · Taxation and Compliance Studies · Finance

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Obras citantes distintas3
Citações por ano1
Intervalo de citações2023 - 2026 (4)
Velocidade de citaçãocurrent
Altamente citadoNão
Tipos de citaçãoNeutras: 3
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