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Noblesse Oblige? Determinants of Survival in a Life and Death Situation

  • Bruno S. Frey
  • David A. Savage
  • Benno Torgler

This paper explored the determinants of survival in a life and death situation created by an external and unpredictable shock. We are interested to see whether pro-social behaviour matters in such extreme situations. We therefore focus on the sinking of the RMS Titanic as a quasi-natural experiment do provide behavioural evidence which is rare in such a controlled and life threatening event. The empirical results support that social norm such as �women and children first� survive in such an environment. We also observe that women of reproductive age have a higher probability of surviving among women. On the other hand, we observe that crew members used their information advantage and their better access to resources (e.g. lifeboats) to generate a higher probability of surviving. The paper also finds that passenger class, fitness, group size, and cultural background matter.

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File URL: http://external-apps.qut.edu.au/business/documents/discussionPapers/2008/237Torgler.pdf
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Paper provided by School of Economics and Finance, Queensland University of Technology in its series School of Economics and Finance Discussion Papers and Working Papers Series with number 237.

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Length: 17 Pages
Date of creation: 23 Oct 2008
Date of revision:
Handle: RePEc:qut:dpaper:237
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Web page: http://www.bus.qut.edu.au/faculty/economics/
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