Showing 1 - 10 of 76
We consider a model where a given number of firms decide on a pollution-reducing production technology, and then hire workers who subsequently form a monopoly union which sets the wage. We study the possibility of "double dividents", i.e. simultaneous reduction in pollution and increases in...
Persistent link: https://www.econbiz.de/10005424069
There is a growing interest in morale as a potential substitute for sanctions, encouraged by exerimental evidence that people's morale affect their economic decisions. I show that while morale may be a substitute for sanctions for each citizen, it is not a substitute in the market. In a model...
Persistent link: https://www.econbiz.de/10010790578
The memo consists of six papers on a common theme: applying economic analysis to subjects at the time, 1972, considered non-economic. The first paper considers changes in preferences. The second considers strategies of a regime and its opposition. The third discusses collective decision making...
Persistent link: https://www.econbiz.de/10010819011
This paper discusses how specification of probabilistic models for multistate duration data generated by individual choices should be justified on a priori theoretical grounds. Preferences are assumed represented by random utilities, where utilities are viewed as random also to the agent...
Persistent link: https://www.econbiz.de/10010785506
China’s economic development in recent decades has been tremendous, but subject to debate. This paper calculates regional prices that make incomes comparable across both time and space using the Engel-curve approach. Incomes are adjusted using these price indices, providing new estimates of...
Persistent link: https://www.econbiz.de/10010785531
This paper studies the aggregate distribution of declared opinions and behavior when heterogeneous individuals make the trade-off between being true to their private opinions and conforming to an endogenous social norm. The model sheds light on how various punishment regimes induce conformity or...
Persistent link: https://www.econbiz.de/10011079262
This paper considers the role which selfish, moral and social incentives and pressures play in explaining the extent to which stated choices over pro-environment behaviours vary across individuals. The empirical context is choices over household waste contracts and recycling actions in Poland. A...
Persistent link: https://www.econbiz.de/10011079266
An entrepreneur with information about firm quality seeks financing from an uninformed investor in order to pay a worker. I show that if the worker, too, knows the true quality of the firm, then certain long term wage agreements can credibly signal firm quality. Such wage agreements have a low...
Persistent link: https://www.econbiz.de/10008776036
is .06 percent per day of absence. These effects are persistent over time and work mainly through wages not hours. …
Persistent link: https://www.econbiz.de/10008545788
When entering the job market, nurses choose among different kind of jobs. Each of these jobs is characterized by wage, sector (primary care or hospital) and shift (daytime work or shift). This paper estimates a multisector-job-type random utility model of labor supply on data for Norwegian...
Persistent link: https://www.econbiz.de/10005652208