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Dari-Mattiacci, Guiseppe; Onderstal, Sander; Parisi, … - Tinbergen Instituut - 2006

Trade opportunities are generally seen as valuable instruments to improve the allocation of resources in society. However, when the traded rights are secured through unproductive rent-seeking contests, the tradeability of the rents may provide stronger incentives to invest in rent-seeking...

Persistent link: https://www.econbiz.de/10011255926

Errors in Judicial Decisions

Sonnemans, Joep; Dijk, Frans van - Tinbergen Instituut - 2008

In criminal cases the task of the judge is to transform the uncertainty about the facts into the certainty of the verdict. In this experiment we examine the relationship between evidence of which the strength is known, subjective probability of guilt and verdict for abstract cases. We look at...

Persistent link: https://www.econbiz.de/10011255690

Comparative Analysis of Litigation Systems: An Auction-Theoretic Approach

Baye, Michael R.; Kovenock, Dan; Vries, Casper G. de - Tinbergen Instituut - 2000

A simple auction-theoretic framework is used to examine symmetric litigation environments where the legal ownership of a disputed asset is unknown to the court. The court observes only the quality of the case presented by each party, and awards the asset to the party presenting the best case....

Persistent link: https://www.econbiz.de/10011256628

Pareto Efficiency in the Jungle

Houba, Harold; Luttens, Roland Iwan; Weikard, Hans-Peter - Tinbergen Instituut - 2014

unique equilibrium satisfies lexicographic welfare maximization. When we relax assumptions on consumption sets and … preferences slightly, equilibria other than lexicographic welfare maximizers can be jungle equilibria. This result is due to … welfare maximization. However, we also find farsighted equilibria that are Pareto inefficient since stronger agents may …

Persistent link: https://www.econbiz.de/10011255490

The Shadow Price of Aircraft Noise Nuisance

Praag, Bernard M.S. van; Baarsma, B.E. - Tinbergen Instituut - 2001

This paper has a twofold objective. First, we develop a new method to assess the monetary valuefor individuals of external effects. The method makes use of an ordinal index of life satisfaction asscored by individual respondents who are subjected in varying intensity to the external effect....

Persistent link: https://www.econbiz.de/10011255631

Travel Time Variability and Airport Accessibility

Koster, Paul; Kroes, Eric; Verhoef, Erik T. - Tinbergen Instituut - 2010

This discussion paper resulted in a publication in Transportation Research Part B: Methodological (2011). Vol. 45(10), pages 1545-1559. This paper analyses the cost of access travel time variability for air travelers. Reliable access to airports is important since it is likely that the cost of...

Persistent link: https://www.econbiz.de/10011255670

Welfare Effects of Distortionary Company Car Taxation

Gutiérrez-i-Puigarnau, Eva; Ommeren, Jos van - Tinbergen Instituut - 2007

pay in the car market, mainly due to favourable taxation of company cars. We analyse the welfare effects of favourable … taxation of company cars for the Netherlands. The estimated annual welfare costs of the distortionary taxation of company cars … are estimated to be at least €2,000 per company car. For the whole of Europe, these welfare costs are estimated to be at …

Persistent link: https://www.econbiz.de/10011255708

The Information Content of a Stated Choice Experiment

Rouwendal, Jan; Blaeij, Arianne de; Rietveld, Piet; … - Tinbergen Instituut - 2008

This paper presents a method to assess the distribution of values of time, and values of statistical life, over participants to a stated choice experiment, that does not require the researcher to make an a priori assumption on the type of distribution, as is required for example for mixed logit...

Persistent link: https://www.econbiz.de/10011255760

Distortionary Company Car Taxation: Deadweight Losses through Increased Car Ownership

Ommeren, Jos N. van; Gutierrez-i-Puigarnau, Eva - Tinbergen Instituut - 2011

. Theannual welfare loss of distortionary company taxation through increased car ownership isgenerally rather small, maximally …

Persistent link: https://www.econbiz.de/10011256023

The Costs and Benefits of Providing Open Space in Cities

Rouwendal, Jan; Straaten, J. Willemijn van der - Tinbergen Instituut - 2008

Although many researchers have investigated the value of open space in cities, few of them have compared them to the costs of providing this amenity. In this paper, we use the monocentric model of a city to derive a simple cost-benefit rule for the optimal provision of open space. The rule is...

Persistent link: https://www.econbiz.de/10011256025