Showing 1 - 10 of 13
focus on the fact that lack of information is a potential source of temptation. Indeed lack of information doesn't allow the …
Persistent link: https://www.econbiz.de/10010933870
Optimality conditions and comparative static properties of the optimal Mirrleesian nonlinear income tax are obtained for a finite population and quasilinear-in-consumption preferences. Contrary to Weymark (1987) who considers quasilinear-in-leisure preferences, the linearity with respect to...
Persistent link: https://www.econbiz.de/10010739127
This paper studies the problem of non-cooperative water allocation between heterogeneous communities embodied in an acyclic network of water sources. The extraction activity of a community has a negative impact on the extraction activity of its direct successors: it reduces the intensity of...
Persistent link: https://www.econbiz.de/10010821182
is an increase in subjects' attention to the decision, rather than their ability to resist the temptation to get money …
Persistent link: https://www.econbiz.de/10010752035
The Type Indeterminacy model is a theoretical framework that uses some elements of quantum formalism to model the constructive preference perspective suggested by Kahneman and Tversky. In a dynamic decision context type indeterminacy induces a game with multiple selves associated with a state...
Persistent link: https://www.econbiz.de/10010738965
The aim of this paper is to assess the relevance of methodological transfers from behavioral ecology to experimental economics with respect to the elicitation of intertemporal preferences. More precisely our discussion will stem from the analysis of Stephens and Anderson's (2001) seminal...
Persistent link: https://www.econbiz.de/10010571511
This paper analyzes the impact of hyperbolic discounting preferences on theagent's information acquisition decision who wants to undertake a potentialdangerous activity for human health or the environment. We find that belowcertain discount rate threshold, an agent prefers ignoring information...
Persistent link: https://www.econbiz.de/10008793771
We experimentally manipulate two aspects of the cognitive environment -- cognitive depletion and recent sugar intake -- and estimate their effects on individuals' time preferences in a way that allows us to identify the structural parameters of a simple (α,β,δ) intertemporal utility function...
Persistent link: https://www.econbiz.de/10010899914
We examine through an experimental design how rational and non-rational considerations affect the decision to vote or to abstain in First Past the Post and PR elections. We show that in both types of elections, but particularly so under PR, a majority of subjects do not make the "right"...
Persistent link: https://www.econbiz.de/10009295309
International agreements about transnational issues are difficult to reach, as the examples of the Copenhagen summit or the never-ending discussions of the future of the European Union make clear. In this paper, we relate this difficulty to the political process and the conflicts of interest...
Persistent link: https://www.econbiz.de/10010603649