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for information aggregation ensure that individuals be-have as if they were engaging in informative voting over the level …
Persistent link: https://www.econbiz.de/10005772800
This paper deals with second-best pollution taxation by investigating allocations instead of the corresponding tax rates. Assuming certain restrictions on utility and that the marginal revenue from environmental taxation is positive, it is shown that environmental quality is higher in second...
Persistent link: https://www.econbiz.de/10008633205
In this paper, an economy is analyzed where one group of agents, the altruists, cares about the well-being of another group of agents, the recipients. It is asked how changes in the size of these groups affect the altruists’ charitable giving in the Nash equilibrium. I show that a pure group...
Persistent link: https://www.econbiz.de/10008633226
Does probation pay a double dividend? Society saves the cost of incarceration, and convicts preserve their liberty. But does probation also reduce the risk of recidivism? In a meta-study we show that the field evidence is inconclusive. Moreover it struggles with an identification problem: those...
Persistent link: https://www.econbiz.de/10008567631