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SOCIAL DRINKING VERSUS ADMINISTERING ALCOHOL
Author(s) -
FRANK BJÖRN,
HAUCAP JUSTUS,
HERR ANNIKA
Publication year - 2014
Publication title -
economic inquiry
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.823
H-Index - 72
eISSN - 1465-7295
pISSN - 0095-2583
DOI - 10.1111/ecin.12079
Subject(s) - consumption (sociology) , construct (python library) , alcohol consumption , economics , alcohol , general social survey , social psychology , mechanism (biology) , public economics , psychology , microeconomics , sociology , computer science , social science , biochemistry , chemistry , philosophy , epistemology , programming language
Alcohol consumption tends to make some people (unwillingly) tell the truth, hence social drinking can serve as a signal in social contact games. We provide empirical evidence which shows that social drinking can serve as a trust facilitating mechanism. Liver cirrhosis mortality and the rate of abstainers are used to construct a novel index of moderate alcohol consumption, which correlates with trust levels in a cross‐country analysis .( JEL L14, D82, D71)