Showing 1 - 10 of 19
This paper explores methodological issues surrounding the use of discrete choice experiments to elicit values for public goods. We develop an explicit game-theoretic model of individual decisions to a series of choice sets, providing general conditions under which surveys with repeated binary...
Persistent link: https://www.econbiz.de/10008685641
The purpose of the study is to collect information that can be used to design a policy to induce the poor to invest in human capital. We use laboratory experimental methodology to measure the preferences and choices of the target population of a proposed government policy. We recruited 256...
Persistent link: https://www.econbiz.de/10008560179
This paper makes an attempt at testing the external validity of corruption experiments by moving from the lab in a developed country, to where it matters the most, the field in a developing country. In our experiment a candidate proposes a bribe to a grader in order to obtain a better grade. We...
Persistent link: https://www.econbiz.de/10005100538
We combine the choice data of proposers and responders in the ultimatum game, their expectations elicited in the form of subjective probability questions, and the choice data of proposers (dictators) in a dictator game to estimate a structural model of decision making under uncertainty. We use a...
Persistent link: https://www.econbiz.de/10005101056
This paper compares guilt alleviation and competition for social status in the private provision of a public good. When agents are intrinsically impulsed, that is, they mostly provide the public good in order to alleviate their guilt, they tend to free-ride. In contrast, when agents are...
Persistent link: https://www.econbiz.de/10008543322
This paper sets out a simple dynamic probabilistic voting model in which a government allocates a fixed budget across electoral districts that differ in their loyalty to the ruling party. The model predicts that the geographic pattern of spending depends on the way the government balances...
Persistent link: https://www.econbiz.de/10008472264
Subjects submitted strategies for playing a public good game. The strategies interacted with each other in a computer simulation. They could be revised and resubmitted for a second and a third simulation round. The strategies' average contribution to the public good increased from one simulation...
Persistent link: https://www.econbiz.de/10005100527
We develop a theoretical model in which each individual is, in some ultimate sense, motivated by purely egoistic satisfaction derived from the goods accruing to him, but there is an implicit social contract such that each performs duties for the others in a way that enhances the satisfaction of...
Persistent link: https://www.econbiz.de/10005100589
We evaluate biodiversity in a real options framework, when the resources in use are substitutable. We examine optimal conservation decisions given that a biodiversity loss is irreversible and that future use values are uncertain. While species substitutability is generally believed to reduce the...
Persistent link: https://www.econbiz.de/10005100634
We derive corrective tax rules when firms are oligopolists whose production processes generate emissions that add to a stock of pollution that accumulates over time. In our model, firms play dynamic Cournot games among themselves, and the government designs a tax rule that corrects for both the...
Persistent link: https://www.econbiz.de/10005100683