Showing 1 - 9 of 9
-consistent behavioral model. We adapt the model of temptation and self-control of Gul and Pesendorfer (2001, 2004) to the context of the … purchase of energy-using durable goods. Our results suggest that (i) temptation or self-control might be a contributing factor … consumer choice that stem from temptation, and (iii) in the presence of temptation, a policy that combines standards with a …
Persistent link: https://www.econbiz.de/10009386809
This paper examines who is likely to gain and who is likely to lose under a universal voucher program. Following Epple and Romano (1998, 2003), and Nechyba (2000, 2003a), we focus on the idea that gains and losses under a universal voucher depend on two effects: changes in peer group composition...
Persistent link: https://www.econbiz.de/10005839000
deciding how to vote on voting rules …
Persistent link: https://www.econbiz.de/10005800220
. We ask how exogenous shifts to the value of residents. human capital affect voting behavior in California neighborhoods … notably, we find that conservative voting on a wide variety of ballot propositions--from crime to gambling to campaign finance …
Persistent link: https://www.econbiz.de/10005800230
A characterization of a property of binary relations is of type M if it can be stated in terms of ordered M-tuples of alternatives. A characterization of finite type provides an easy test of whether preferences over a large set of alternatives possesses the property characterized. Unfortunately,...
Persistent link: https://www.econbiz.de/10005097449
The Canadian unemployment insurance program is designed to reflect the varying risk of joblessness across regions. Regions that are considered low-risk areas subsidize higher risk ones. A region's risk is typically proxied by its relative unemployment rate. We use a dynamic, heterogeneous-agent...
Persistent link: https://www.econbiz.de/10005097451
In this paper, we develop a simple model of the rights a government provides its citizenry. Rights are treated as public goods and taken as primitives in agents utility functions; each agent has preferences over the entire policy vector. We model the interaction among citi-zens and the...
Persistent link: https://www.econbiz.de/10005746129
when deciding how to vote on voting rules, but the empirical evidence strongly suggests that an income percentile below the … median is decisive for majority voting rules. This finding is consistent with high income voters with weak demand for public … educational services voting with the poor against increases in public spending on education. …
Persistent link: https://www.econbiz.de/10005746145
A characterization of a property of binary relations is of finite type if it is stated in terms of ordered T-tuples of alternatives for some positive integer T. A characterization of finite type can be used to determine in polynomial time whether a binary relation over a finite set has the...
Persistent link: https://www.econbiz.de/10005626643