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crowd out a consumer's self-inference of altruism from buying a good bundled with a charitable donation. Alternative … theories of motivation crowding are unable to fit the non-monotonic moments in the data. A structural model of self …
Persistent link: https://www.econbiz.de/10012457193
This paper reports estimates of consumers' preferences for plans to improve food safety. The plans are distinguished based on whether they address the ex ante risk of food borne illness or the ex post effects of the illness. They are also distinguished based on whether they focus on a public...
Persistent link: https://www.econbiz.de/10012464359
A model is considered where firms internalize the regret costs that consumers experience when they see an unexpected price change. Regret costs are assumed to be increasing in the size of price changes and this can explain why the size of price increases is less sensitive to inflation than in...
Persistent link: https://www.econbiz.de/10012463715
This paper has two goals. First, we discuss several emerging approaches to applied welfare analysis under non-standard ("behavioral") assumptions concerning consumer choice. This provides a foundation for Behavioral Public Economics. Second, we illustrate applications of these approaches by...
Persistent link: https://www.econbiz.de/10012467161
effectiveness, whereas small prior donors decrease their giving. We motivate the analysis and experiment with a theoretical model … that highlights two predictions. First, larger gift amounts, holding education and income constant, is a proxy for altruism …). Second, those motivated by altruism will respond positively to appeals based on evidence, whereas those motivated by warm …
Persistent link: https://www.econbiz.de/10012458617
In this experiment, we endogenize the choice of which contribution scheme is implemented in a public goods game. We …
Persistent link: https://www.econbiz.de/10010957704
We investigate how burden sharing rules may impact the voluntary provision of a public good which generates heterogeneous benefits to agents. We compare different rule-based contribution schemes that are based on the principle of the smallest common denominator: all agents can suggest a minimum...
Persistent link: https://www.econbiz.de/10010957721
Persistent link: https://www.econbiz.de/10005200423
Persistent link: https://www.econbiz.de/10005795267
We present a simple two-steps procedure for a within-subject test of the inequity aversion model of Fehr and Schmidt (1999). In the first step, subjects played modified ultimatum and dictator games and were classified according to their preferences. In the second step, subjects with specific...
Persistent link: https://www.econbiz.de/10005097659