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Behavior under Social Pressure: Empty Italian Stadiums and Referee Bias

Pettersson-Lidbom, Per; Priks, Mikael - CESifo - 2007

when they are not. This indicates that referees exhibit home bias caused by social pressure from the spectators. …

Persistent link: https://www.econbiz.de/10005196191

Singin' in the Rain: A Study of Social Pressure on the Soccer Field

Priks, Mikael - CESifo - 2013

Although social pressure may affect the behavior of individuals, it is very hard to evaluate empirically. A soccer field is an attractive testing ground in the sense that both performance and social pressure by spectators are measurable. The drawback is that the number of spectators is an...

Persistent link: https://www.econbiz.de/10010718531

Ambiguity Aversion is the Exception

Kocher, Martin G.; Lahno, Amrei M.; Trautmann, Stefan T. - CESifo - 2015

An extensive literature has studied ambiguity aversion in economic decision making, and how ambiguity aversion can account for empirically observed violations of expected utility-based theories. Almost all relevant applied models presume a general dislike of ambiguity. In this paper, we provide...

Persistent link: https://www.econbiz.de/10011205383

Behavioral Political Economy: A Survey

Schnellenbach, Jan; Schubert, Christian - CESifo - 2014

Explaining individual behavior in politics should rely on the same motivational assumptions as explaining behavior in the market: That’s what Political Economy, understood as the application of economics to the study of political processes, is all about. In its standard variant, those who...

Persistent link: https://www.econbiz.de/10010948848

Towards Behavioral Political Economy of Institutional Change: With Field Facts from China

Zhang, Yongjing; Wang, Mei - CESifo - 2014

This study proposes an analytical framework towards behavioral political economy of institutional change. It considers institutional changes as central government’s choices under uncertainty, which are largely driven by the strategic outcomes in a behavioral coordination game between local...

Persistent link: https://www.econbiz.de/10010948883

Gambling to Leapfrog in Status?

Friehe, Tim; Mechtel, Mario - CESifo - 2013

This paper shows that households with positional concerns and convex status utility use gambling to attempt … results strongly indicate that households who care about status are more likely to participate in gambling and invest more in … gambling, while they save less. In addition, results regarding socio-economic and demographic characteristics are reported. For …

Persistent link: https://www.econbiz.de/10010634081

Taxing Sin Goods and Subsidizing Health Care

Cremer, Helmuth; Donder, Philippe De; Maldonado, Darío; … - CESifo - 2008

We consider a two-period model. In the first period, individuals consume two goods: one is sinful and the other is not. The sin good brings pleasure but has a detrimental effect on second period health and individuals tend to underestimate this effect. In the second period, individuals can...

Persistent link: https://www.econbiz.de/10005765813

Pawns and Queens Revisited: Public Provision of Private Goods when Individuals make Mistakes

Pirttilä, Jukka; Tenhunen, Sanna - CESifo - 2005

This paper analyses the optimal tax policy and public provision of private goods when individuals differ in two respects: income-earning ability and rationality. Publicly provided goods should be overprovided or subsidised, relative to the decentralised optimum, if society’s marginal valuation...

Persistent link: https://www.econbiz.de/10005765898

Optimal Redistributive Taxation when Government’s and Agents’ Preferences Differ

Blomquist, Sören; Micheletto, Luca - CESifo - 2005

Paternalism, merit goods and specific egalitarianism are concepts we sometimes meet in the literature. The thing in common is that the policy maker does not fully respect the consumer sovereignty principle and designs policies according to some other criterion than individuals’ preferences....

Persistent link: https://www.econbiz.de/10005765899

Behavioral and Experimental Economics Can Inform Public Policy: Some Thoughts

Riedl, Arno - CESifo - 2009

Experimental and behavioral economics are well established branches in the economic science. This essay presents and discusses some results and behavioral regularities from these fields which are of potential importance for public policy. After a brief introduction of what experimental and...

Persistent link: https://www.econbiz.de/10008533977