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When Samuelson met Veblen abroad: National and global public good provision when social comparisons matter

Aronsson, Thomas; Johansson-Stenman, Olof - Nationalekonomiska institutionen, Handelshögskolan - 2012

This paper derives Pareto efficient policy rules for the provision of national as well as global public goods in a two-country world, where each individual cares about relative consumption within as well as between countries. Furthermore, we compare these policy rules with those that follow from...

Persistent link: https://www.econbiz.de/10011019110

State-Variable Public Goods and Social Comparisons over Time

Aronsson, Thomas; Johansson-Stenman, olof - Nationalekonomiska institutionen, Handelshögskolan - 2013

The optimal provision of a state-variable public good, where the global climate is the prime example, is analyzed in a model where people care about their relative consumption. We consider both keeping-up-with-the-Joneses preferences (where people compare their own current consumption with...

Persistent link: https://www.econbiz.de/10011019117

Conspicuous Leisure: Optimal Income Taxation when both Relative Consumption and Relative Leisure Matter

Aronsson, Thomas; Johansson-Stenman, Olof - Nationalekonomiska institutionen, Handelshögskolan - 2009

Previous studies on public policy under relative consumption concerns have ignored the role of leisure comparisons. This paper considers a two-type optimal nonlinear income tax model where people care both about their relative consumption and their relative leisure. Increased consumption...

Persistent link: https://www.econbiz.de/10005771203

Positional Concerns with Multiple Reference Points: Optimal Income Taxation and Public Goods in an OLG Model

Aronsson, Thomas; Johansson-Stenman, Olof - Nationalekonomiska institutionen, Handelshögskolan - 2008

This paper concerns optimal income taxation and provision of a state-variable public good under asymmetric information in a two-type overlapping generations model, where people care about their relative consumption. Each individual may compare his/her own current consumption with his/her own...

Persistent link: https://www.econbiz.de/10005771211

POSITIONAL PREFERENCES IN TIME AND SPACE: IMPLICATIONS FOR OPTIMAL INCOME TAXATION

Aronsson, Thomas; Johansson-Stenman, Olof - Nationalekonomiska institutionen, Handelshögskolan - 2010

This paper concerns optimal nonlinear taxation in an OLG model with two ability-types, where people care about their own consumption relative to (i) other people’s current consumption, (ii) own past consumption, and (iii) other people’s past consumption. We show that intertemporal...

Persistent link: https://www.econbiz.de/10008513134

Veblen’s Theory of the Leisure Class Revisited: Implications for Optimal Income Taxation

Aronsson, Thomas; Johansson-Stenman, Olof - Nationalekonomiska institutionen, Handelshögskolan - 2010

Almost all previous studies on public policy under relative consumption concerns have ignored the role of leisure for status comparisons. Inspired by Veblen (1899), this paper considers a two-type optimal income tax model, where people care about their relative consumption, and where the...

Persistent link: https://www.econbiz.de/10008490333

The effect of risk, ambiguity, and coordination on farmers’ adaptation to climate change: A framed field experiment

Alpizar, Francisco; Carlsson, Fredrik; Naranjo, Maria - Nationalekonomiska institutionen, Handelshögskolan - 2009

The risk of loses of income and productive means due to adverse weather associated to climate change can significantly differ between farmers sharing a productive landscape. It is important to learn more about how farmers react to different levels of risk, under measurable and unmeasurable...

Persistent link: https://www.econbiz.de/10008528485

Using Choice Experiments for Non-Market Valuation

Alpizar, Francisco; Carlsson, Fredrik; Martinsson, Peter - Nationalekonomiska institutionen, Handelshögskolan - 2001

This paper provides the latest research developments in the method of choice experiments applied to valuation of non …-market goods. Choice experiments, along with the, by now, well-known contingent valuation method, are very important tools for … economic model of choice experiments is incorporated, as well as a presentation of econometric models consistent with economic …

Persistent link: https://www.econbiz.de/10005042555

POSITIONAL CONCERNS IN AN OLG MODEL: OPTIMAL LABOR AND CAPITAL INCOME TAXATION

Aronsson, Thomas; Johansson-Stenman, Olof - Nationalekonomiska institutionen, Handelshögskolan - 2009

This paper concerns optimal income taxation under asymmetric information in a two-type overlapping generations model, where people care about their relative consumption compared to others. The appearance of positional concerns affects the policy choices via two channels: (i) the size of the...

Persistent link: https://www.econbiz.de/10005423953

Paternalism against Veblen: Optimal Taxation and Non-Respected Preferences for Social Comparisons

Aronsson, Thomas; Johansson-Stenman, Olof - Nationalekonomiska institutionen, Handelshögskolan - 2014

This paper deals with optimal income taxation and relative consumption under a welfarist government that fully respects people’s preferences and a paternalist government that does not share the consumer preference for relative consumption. Consistent with previous findings, relative...

Persistent link: https://www.econbiz.de/10010961526