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Kirchgässner, Gebhard - CESifo - 2014

First the assumption of self-interest as applied in Economics is presented. Here we also discuss areas in which (many) people behave less self- but more other-regarding than traditional economic models assume. Then, greedy behaviour is considered as existing in the political and economic...

Persistent link: https://www.econbiz.de/10010877949

Selfish and Prospective: Theory and Evidence of Pocketbook Voting

Elinder, Mikael; Jordahl, Henrik; Poutvaara, Panu - CESifo - 2008

We present and test a theory of prospective and retrospective pocketbook voting. Focusing on two large reforms in Sweden, we establish a causal chain from policies to sizeable individual gains and losses and then to voting. The Social Democrats proposed budget cuts affecting parents with young...

Persistent link: https://www.econbiz.de/10005196265

On the Process of Scientific Policy Advice - With Special Reference to Economic Policy

Kirchgässner, Gebhard - CESifo - 2014

We first show three major disagreements among today’s leading economists: the minimum wage, the effects of large government debt and the politics of the European Central Bank. Using a prominent and highly relevant example, the possible deterrent effect of death penalty, we demonstrate how...

Persistent link: https://www.econbiz.de/10011103401

Rotten Spouses, Family Transfers and Public Goods

Cremer, Helmuth; Roeder, Kerstin - CESifo - 2014

We show that once interfamily exchanges are considered, Becker’s rotten kids mechanism has some remarkable implications that have gone hitherto unnoticed. Specifically, we establish that Cornes and Silva’s (1999) result of efficiency in the contribution game amongst siblings extends to a...

Persistent link: https://www.econbiz.de/10010877787

Social Relations and Relational Incentives

Dur, Robert; Tichem, Jan - CESifo - 2012

this end we develop a simple dynamic principal-agent model where both players may have feelings of altruism or spite toward …

Persistent link: https://www.econbiz.de/10010877789

Low Altruism, Austerity, and Aversion to Default: Are Countries Converging to the Natural Debt Limit?

Bohn, Henning - CESifo - 2013

reflecting low altruism—a discount rate on children’s utility greater than the world interest rate—and I examine the implications … spending on debt and retiree entitlements. In the model, altruism towards children determines bequests, government debt, and … the time-path of consumption. Altruism towards parents influences incentives to default. If altruism is low, voters demand …

Persistent link: https://www.econbiz.de/10010877813

Provision of a Public Good with Altruistic Overlapping Generations and Many Tribes

Karp, Larry S. - CESifo - 2012

Intergenerational altruism and contemporaneous cooperation are both important to the provision of long-lived public …

Persistent link: https://www.econbiz.de/10010877869

Pocketbook Voting and Social Preferences in Referenda

Meya, Johannes; Poutvaara, Panu; Schwager, Robert - CESifo - 2015

-interest, providing strong evidence for pocketbook voting. However, social preferences like altruism, public good considerations and …

Persistent link: https://www.econbiz.de/10011210405

Generosity Across Contexts

Davis, Alexander L.; Jehli, Nadja R.; Miller, John H.; … - CESifo - 2015

Extensive research in economics explores generosity in monetary allocations. However, generosity often involves the allocation of non-monetary goods or experiences. Existing evidence suggests that generosity may be higher in such contexts, though no direct comparison exists. Here, we compare...

Persistent link: https://www.econbiz.de/10011210786

Not All Incentives Wash Out the Warm Glow: The Case of Blood Donation Revisited

Costa-i-Font, Joan; Jofre-Bonet, Mireia; Yen, Steven T. - CESifo - 2011

The issue of the nature of the altruism inherent in blood donation and the perverse effects of financial rewards for …

Persistent link: https://www.econbiz.de/10009221554