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Nonlinear Budget Set Regressions for the Random Utility Model

Blomquist, Nils Sören; Kumar, Anil; Liang, Che-yuan; … - National Bureau of Economic Research - 2023

This paper is about the nonparametric regression of a choice variable on a nonlinear budget set under utility maximization with general heterogeneity, i.e. in the random utility model (RUM). We show that utility maximization and convex budget sets make this regression three dimensional with a...

Persistent link: https://www.econbiz.de/10014250211

Optimal Paternalism in a Population with Bounded Rationality

Manski, Charles F.; Sheshinski, Eytan - National Bureau of Economic Research - 2023

A central mission of public economics has been to determine policies that optimize utilitarian welfare. To improve the realism of policy evaluation, it is desirable to enrich understanding of behavior and develop methods of analysis that use the enriched understanding to assess policies....

Persistent link: https://www.econbiz.de/10014322737

Energy and the Environment in Economic History

Clay, Karen - National Bureau of Economic Research - 2023

Both energy and the environment are inputs into production, influencing the economy and the overall welfare of the … population. While the economy itself has been a central focus of economic history from its inception, energy and the environment … some thoughts regarding opportunities for further research in energy and the environment …

Persistent link: https://www.econbiz.de/10014322795

Does Combating Corruption Reduce Clientelism?

Bobonis, Gustavo J.; Gertler, Paul J.; … - National Bureau of Economic Research - 2023

Does combating corruption reduce clientelism? We examine the impact of a prominent anti-corruption program on clientelism using a novel representative survey of rural Brazilians. Randomized audits reduce politicians' provision of campaign handouts, decrease citizens' demands for private goods,...

Persistent link: https://www.econbiz.de/10014287366