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We augment a standard dictator game to investigate how preferences for an environmental project relate to willingness to limit others’ choices. We explore this issue by distinguishing three student groups: economists, environmental economists, and environmental social scientists. We find that...
Persistent link: https://www.econbiz.de/10008799786
We evaluate the impact of affiliation to Fair Trade on a sample of Chilean honey producers. Evidence from standard regressions and propensity score matching shows that affiliated farmers have higher productivity (income from honey per worked hour) than the control sample. We show that the...
Persistent link: https://www.econbiz.de/10005413378
Global environmental problems are often assumed to imply extensive inefficiencies since there is no global authority corresponding to the government at a national level. This paper shows, on the contrary, that rich countries in a free unregulated market may still undertake globally efficient...
Persistent link: https://www.econbiz.de/10005651775
Social preferences have been shown to be an important determinant of economic decision making for many adults. We present a large-scale experiment with 883 children and adolescents, aged eight to seventeen years. Participants make decisions in eight simple, one-shot allocation tasks, allowing us...
Persistent link: https://www.econbiz.de/10008568487
group of agents. Fairness requires that each agent weakly prefers his consumption bundle to any other agent’s bundle. Under … fairness, efficiency is equivalent to budget-balance (all the available money is allocated among the agents). Budget …-balance and fairness in general are incompatible with non-manipulability (Green and Laffont, 1979). We propose a new notion of the …
Persistent link: https://www.econbiz.de/10010933673
self interest concerns, and an input based concept of fairness captured by the effects of beliefs about the causes of …
Persistent link: https://www.econbiz.de/10005771199
In the past quarter century, there has been a dramatic shift of focus in social choice theory, with structured sets of alternatives and restricted domains of the sort encountered in economic problems coming to the fore. This article provides an overview of some of the recent contributions to...
Persistent link: https://www.econbiz.de/10005353335
partial, is possible. We search for incentive-constrained efficient allocation rules that display fairness properties …
Persistent link: https://www.econbiz.de/10005353508
Empirical studies of intergenerational transfers usually find that bequests are equally divided among heirs while inter vivos gifts tend to be compensatory. Using the 1992 and 1994 waves of the Health and Retirement Study, we find that only 4% of parents who give, divide their gifts equally...
Persistent link: https://www.econbiz.de/10005423918
We study the motives behind parents’ transfers to their children, and the relationship between tangible transfers and educational investments. Another issue is the channels parents choose for tangible transfers. Do they use bequests and inter vivos gifts as substitutes or complements? We use a...
Persistent link: https://www.econbiz.de/10005423942