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Interdependent Preferences and the Mitigation of Market Failure

Heal, Geoffrey - National Bureau of Economic Research - 2022

I consider the effect of caring, empathy, altruism or positive reciprocity towards others - which I collectively call … the public good converges to the efficient level. An increase in caring, empathy, altruism or positive reciprocity, an … efficiently is attributable to lack of empathy/altruism/positive reciprocity as well as to the free rider problem …

Persistent link: https://www.econbiz.de/10013191062

Tax Aversion and the Social Contract in Africa

Robinson, James A. - National Bureau of Economic Research - 2022

Despite the low levels of taxation and public good provision in Africa, I provide evidence that a large proportion of Africans prefer lower taxation and fewer public goods. This cannot be explained by standard arguments about problems of accountability, governance or state capacity. Instead I...

Persistent link: https://www.econbiz.de/10013191019

Cash Transfers and Social Preferences of Children

Haushofer, Johannes; Larreboure, Magdalena; Lowes, Sara; … - National Bureau of Economic Research - 2023

We study the effects of an unconditional cash transfer program on social preferences of children. The program allocated $1,076 to randomly selected households in rural Kenya. We measure the social preferences of 4,022 children from 1,687 households with survey questions and incentivized...

Persistent link: https://www.econbiz.de/10014372476

Preferences for Giving Versus Preferences for Redistribution

Mollerstrom, Johanna; Strulov-Shlain, Avner; Taubinsky, … - National Bureau of Economic Research - 2021

We report the results of an online experiment studying preferences for giving and preferences for group …

Persistent link: https://www.econbiz.de/10012660053

Gee, Laura K.; Kiyawat, Anoushka; Meer, Jonathan; … - National Bureau of Economic Research - 2023

laboratory experiment to cleanly fix beliefs about the person's likelihood of being pivotal in reaching a donation threshold that …

Persistent link: https://www.econbiz.de/10014247963

What Can Time-Series Regressions Tell Us About Policy Counterfactuals?

Wolf, Christian; McKay, Alisdair - National Bureau of Economic Research - 2022

We show that, in a general family of linearized structural macroeconomic models, knowledge of the empirically estimable causal effects of contemporaneous and news shocks to the prevailing policy rule is sufficient to construct counterfactuals under alternative policy rules. If the researcher is...

Persistent link: https://www.econbiz.de/10013362012

Chaos and Unpredictability in Dynamic Social Problems

Battaglini, Marco - National Bureau of Economic Research - 2021

We study a dynamic model of environmental protection in which the level of pollution is a state variable that strategically links policy making periods. Policymakers are forward looking but politically motivated: they have heterogeneous preferences and do not fully internalize the cost of...

Persistent link: https://www.econbiz.de/10012482565

Information versus Investment

Terry, Stephen; Whited, Toni Marion; Zakolyukina, … - National Bureau of Economic Research - 2022

We quantify the real implications of trade-offs between firm information disclosure and long-term investment efficiency. We estimate a dynamic equilibrium model in which firm managers confront realistic incentives to misreport earnings and distort their real investment choices. The model implies...

Persistent link: https://www.econbiz.de/10012814411

A Soul's View of the Optimal Population Problem

De la Croix, David; Doepke, Matthias - National Bureau of Economic Research - 2021

A long-standing challenge for welfare economics is to develop welfare criteria that can be applied to allocations with different population levels. Such a criterion is essential to resolve the optimal population problem, i.e., the tradeoff between population size and the welfare of each person...

Persistent link: https://www.econbiz.de/10012496107

Addressing the COVID-19 Pandemic : Comparing Alternative Value Frameworks

Ferranna, Maddalena; Sevilla, J. P.; Bloom, David E. - National Bureau of Economic Research - 2021

The COVID-19 pandemic has forced countries to make difficult ethical choices, e.g., how to balance public health and socioeconomic activity and whom to prioritize in allocating vaccines or other scarce medical resources. We discuss the implications of benefit-cost analysis, utilitarianism, and...

Persistent link: https://www.econbiz.de/10012496155

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