Another one of those articles I’d like to read. I will in this case, but would be interested in others’ thoughts on the contents either when I’ve read it or before. Looks interesting.
|By:||Buurman, Margaretha (Erasmus University Rotterdam)
Dur, Robert (Erasmus University Rotterdam)
van den Bossche, Seth (TNO Work and Employment)
|We assess whether public sector employees have a stronger inclination to serve others and are more risk averse than employees in the private sector. A unique feature of our study is that we use revealed rather than stated preferences data. Respondents of a large-scale survey were offered a substantial reward and could choose between a widely redeemable gift certificate, a lottery ticket, or making a donation to a charity. Our analysis shows that public sector employees are significantly less likely to choose the risky option (lottery) and, at the start of their career, significantly more likely to choose the pro-social option (charity). However, when tenure increases, this difference in pro-social inclinations disappears and, later on, even reverses. Our results further suggest that quite a few public sector employees do not contribute to charity because they feel that they already contribute enough to society at work for too little pay.|