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The influence of induced care and anger motives on behavior, beliefs and perceptions in a public goods game
Bartke, Simon; Bosworth, Steven; Snower, Dennis J.; … - 2016
This study analyzes the stability of preferences through the lens of psychological motives. We report the results of a public goods experiment in which subjects were induced with the motives of Care and Anger through autobiographical recall. Subjects' preferences, beliefs, and perceptions under...
Persistent link: https://www.econbiz.de/10011549564
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Exploiting behavioural insights to foster global cooperation
Grimalda, Gianluca; Bartke, Simon; Bosworth, Steven; … - 2017
The authors identify three challenges to global cooperation and propose three solutions. The first is the lack of integration of civil society into global governance. In the spirit of Ostrom's poly-centric governance, they propose stronger interaction between public international authorities,...
Persistent link: https://www.econbiz.de/10011751896
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Expanding the welfare system: a proposal for reform
Orszag, Jonathan Michael; Snower, Dennis J. - In: The welfare state in Europe: Challenges and reforms, (pp. 101-117). 1998
The proposal involves the establishment of 'welfare accounts' for every person in a country. There are to be four … of the current welfare state systems - where welfare services are financed predominantly out of general taxes - people … would make ongoing, mandatory contributions to each of these welfare accounts. The balances in these accounts would cover …
Persistent link: https://www.econbiz.de/10010313982
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Separation of Powers and the Budget Process
Grossman, Gene M. - 2010
We study budget formation in a model featuring separation of powers. In our model,the legislature designs a budget bill that can include a cap on total spending and ear-marked allocations to designated public projects. Each project provides random benefits to one of many interest groups. The...
Persistent link: https://www.econbiz.de/10012717526
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Party Discipline and Pork-Barrel Politics
Grossman, Gene M.; Helpman, Elhanan - 2010
Polities differ in the extent to which political parties can pre-commit to carry out promised policy actions if they take power. Commitment problems may arise due to a divergence between the ex ante incentives facing national parties that seek to capture control of the legislature and the ex...
Persistent link: https://www.econbiz.de/10014063934
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Technological Advance, Social Fragmentation and Welfare
Bosworth, Steven; Snower, Dennis J. - 2021
This paper models the welfare consequences of social fragmentation arising from technological advance. We start from … social welfare from material prosperity. Once the share of status goods in total production exceeds a crucial threshold …, technological advance is shown to be welfare-reducing …
Persistent link: https://www.econbiz.de/10013250768
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Technological advance, social fragmentation and welfare
Bosworth, Steven; Snower, Dennis J. - 2021
This paper models the welfare consequences of social fragmentation arising from technological advance. We start from … social welfare from material prosperity. Once the share of status goods in total production exceeds a crucial threshold …, technological advance is shown to be welfare-reducing. …
Persistent link: https://www.econbiz.de/10012418627
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Technological advance, social fragmentation and welfare
Bosworth, Steven; Snower, Dennis J. - 2020
This paper models the welfare consequences of social fragmentation arising from technological advance. We start from … social welfare from material prosperity. Once the share of status goods in total production exceeds a crucial threshold …, technological advance is shown to be welfare-reducing. …
Persistent link: https://www.econbiz.de/10012422737
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Envy, guilt, and the Phillips curve
Ahrens, Steffen; Snower, Dennis J. - 2012
We incorporate inequity aversion into an otherwise standard New Keynesian dynamic equilibrium model with Calvo wage contracts and positive inflation. Workers with relatively low incomes experience envy, whereas those with relatively high incomes experience guilt. The former seek to raise their...
Persistent link: https://www.econbiz.de/10010307860
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Envy, guilt, and the Phillips curve
Ahrens, Steffen; Snower, Dennis J. - 2012
We incorporate inequity aversion into an otherwise standard New Keynesian dynamic equilibrium model with Calvo wage contracts and positive inflation. Workers with relatively low incomes experience envy, whereas those with relatively high incomes experience guilt. The former seek to raise their...
Persistent link: https://www.econbiz.de/10010280793