Similar Search Results

Emotions, Morality and Public Goods: The WTA-WTP Disparity Revisited

Biel, Anders; Johansson-Stenman, Olof; Nilsson, Andreas - Nationalekonomiska institutionen, Handelshögskolan - 2006

Empirical evidence suggests that people’s maximum willingness to pay for having a good is often substantially lower than their minimum willingness to accept not having it, and that this discrepancy tends to be especially large when valuing public goods. This paper hypothesizes that differences...

Persistent link: https://www.econbiz.de/10005651681

The Willingness to Pay-Willingness to Accept Gap Revisited: The Role of Emotions and Moral Satisfaction

Biel, Anders; Johansson-Stenman, Olof; Nilsson, Andreas - Nationalekonomiska institutionen, Handelshögskolan - 2011

While many earlier studies have found that people’s maximum willingness to pay for having a good is often substantially lower than their minimum willingness to accept not having it, more recent experimental evidence suggests that this discrepancy vanishes for standard consumption goods when an...

Persistent link: https://www.econbiz.de/10009003109

Social preferences are stable over long periods of time

Carlsson, Fredrik; Johansson-Stenman, Olof; Pham, Khanh Nam - Nationalekonomiska institutionen, Handelshögskolan - 2012

in rural Vietnam at four different points in time from 2005 to 2011. Two of the experiments are natural experiment, one … is a field experiment and one is a public good experiment. Since the experiments were conducted far apart in time, the … these experiments, whether correcting for other covariates or not. This suggests that pro-social preferences are fairly …

Persistent link: https://www.econbiz.de/10011019086

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

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