Showing 1 - 10 of 47
The standard expected utility model of tax evasion predicts that evasion is decreasing in the marginal tax rate (the Yitzhaki puzzle). The existing literature disagrees on whether prospect theory overturns the puzzle. We disentangle four distinct elements of prospect theory and find loss...
Persistent link: https://www.econbiz.de/10010884369
This paper presents the results of an experiment that completely measures the utility function and probability weighting function for different positive and negative monetary outcomes, using a representative sample of N = 1935 from the general public. The results confirm earlier findings in the...
Persistent link: https://www.econbiz.de/10005822425
We use personality traits to better understand the relationship between income and life satisfaction. Personality traits mediate the effect of income on life satisfaction. The effect of neuroticism, which measures sensitivity to threat and punishment, is strong in both the British Household...
Persistent link: https://www.econbiz.de/10011168446
In this paper we present and test a theory of how political corruption, found in many transition and emerging market … institutions that do not punish political corruption result in political connectedness of firms that in turn has a negative effect …
Persistent link: https://www.econbiz.de/10010884312
We examine the effects of emigration and remittances on the corruption experience of migrant household members staying … in the countries of origin. We hypothesize that the effects of emigration on corruption can be both positive (via migrant …
Persistent link: https://www.econbiz.de/10010959534
are laid out and credibly enforced. Our findings suggest a changing anatomy of corruption, where transgressors keep one …
Persistent link: https://www.econbiz.de/10010959836
We develop a new experiment to study the emergence of welfare-reducing bilateral alliances within larger groups, and the effectiveness of institutional interventions to curtail this reciprocal alliance behaviour. In each of the 25 rounds of our experiments, a player (the 'allocator') nominates...
Persistent link: https://www.econbiz.de/10011268879
We use a unique regulatory event that occurred in Queensland, Australia, from 2007- 2012, to examine the predictive power of landowner relationship networks and lobbying behaviour on successfully gaining value-enhancing rezoning. A State authority, the Urban Land Development Authority (ULDA),...
Persistent link: https://www.econbiz.de/10011273182
Although the theoretical literature often uses lobbying and corruption synonymously, the empirical literature … associates lobbying with the preferred mean for exerting influence in developed countries and corruption with the preferred one … suggest that (a) lobbying and corruption are fundamentally different, (b) political institutions play a major role in …
Persistent link: https://www.econbiz.de/10005233874
per diem compensation increases it. We also show that corruption in home country has a negative effect on attendance for …
Persistent link: https://www.econbiz.de/10009278190