Adrian Schroeder, a PhD student with the Department of Economics won the Best Graduate Research Poster Award at the Canadian Econometrics Study Group (CESG) annual conference on October 25-27, 2024. Fifty-three researchers representing universities and monetary institutions in seven different countries including Belgium, France, and Australia presented posters over the weekend-long conference. Highly visual representations of methods and data, research posters are considered valuable presentation tools in econometrics, a field that applies theoretical models to datasets to evidence policy implementation and equip economists with new tools. [Read more…]
Awareness of Economic Inequality Brings Expectations of Unethical Behaviour
Does an unfair economy lead to bad behaviour? It’s generally understood that economic inequality makes people more likely to accept and expect unethical behaviour. According to a new study by Adrian Schroeder and his co-authors, those expectations aren’t limited to predictions of other people’s behaviour. When faced with making unethical choices that might benefit them, people even predict they would behave unethically themselves.
In preparation for his master’s studies, Schroeder, now a PhD student in the Department of Economics, University of Toronto, worked with Steven Heine and Anita Schmalor on a series of experiments to examine what they call “expectations of everyday unethical behaviours.” Examples include keeping the extra when a salesclerk makes a mistake when giving change, or keeping an online purchase delivered to the wrong address. These are the “everyday transgressions that violate social norms, although they aren’t necessarily against the law,” the authors explained.