{"id":123720,"date":"2024-01-23T08:43:29","date_gmt":"2024-01-23T07:43:29","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/123720\/"},"modified":"2024-11-07T05:27:55","modified_gmt":"2024-11-07T04:27:55","slug":"individualistic-values-institutional-trust-and-interventionist-attitudes-2","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/123720\/","title":{"rendered":"Individualistic Values, Institutional Trust, and Interventionist Attitudes"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-123720","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"Ever since Max Weber (1930) uncovered the cultural origins of capitalism, a common denominator for explanations of economic development is that \"individualistic values\" provide a more favourable background for promoting the wealth of nations. This paper investigates the impact of individualist values on personal attitudes towards government intervention, as a potential link of culture and formal institutions. We consider two key components of an \"individualistic culture\" to be particularly relevant for attitude formation, namely values related to self-direction and self-determination. Results indicate that both elements of individualistic values are associated negatively with interventionist preferences. Interestingly, effects of self-direction values on intervention attitudes are much weaker though, than the effects of a strong belief in self-determination. Moreover, the effects of self-direction on intervention preferences are mitigated through higher trust in state actors and lower confidence in major companies, while that does not appear to be the case for self-determination values.","onlinedate":"2016-03-22 12:00:00","lang":"English","publication_series":"","publication_date":"20160301","publication_date_year":"","publication_date_full":false,"publication_num_pages":"30","keywords":"[\"government intervention\",\"individualism\",\"institutional trust\",\"preference formation\",\"self-determination\",\"self-direction\"]","jelcodes":"[]","related_publications":"[]","pdf":362427,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"515","journal":"WIFO Working Papers","publisher":"","invisible":false,"external":false,"embargo_date":"2016-03-22 12:00:00","types":[44410],"research_groups":[3500],"collaboration":"","persons":[3792,15391],"persons_data":"[{\"personId\":3792,\"personName\":\"Hans Pitlik\",\"organisationNames\":[]},{\"personId\":15391,\"personName\":\"Martin Rode\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - 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