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On Welfare Frameworks and Catastrophic Climate Risks
Millner, Antony - 2013
catastrophes as infinitely bad, even though each individual's utility function is bounded. Finally, I suggest that the welfare … changes. Drawing on recent work in population ethics I propose an alternative welfare framework with normatively desirable … properties, which has the effect of dampening the contribution of catastrophes to welfare. …
Persistent link: https://www.econbiz.de/10010328782
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The Bright Side of the GDPR: Welfare-Improving Privacy Management
Choe, Chongwoo; Matsushima, Noriaki; Shekhar, Shiva - 2023
GDPR, implying that the GDPR can be welfare-improving. But if the firm's revenue is largely from data monetization, then …
Persistent link: https://www.econbiz.de/10014377591
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Socially-tolerable discrimination
Amegashie, J. Atsu - 2008
History is replete with overt discrimination on the basis of race, gender, age, citizenship, ethnicity, marital status, academic performance, health status, volume of market transactions, religion, sexual orientation, etc. However, these forms of discrimination are not equally tolerable. For...
Persistent link: https://www.econbiz.de/10010264357
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An experimental investigation of colonel blotto games
Chowdhury, Subhasish M.; Kovenock, Dan; Sheremeta, Roman M. - 2009
This article examines behavior in the two-player, constant-sum Colonel Blotto game with asymmetric resources in which players maximize the expected number of battlefields won. The experimental results support all major theoretical predictions. In the auction treatment, where winning a...
Persistent link: https://www.econbiz.de/10010265974
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Can lower tax rates be bought? Business rent-seeking and tax competition among US States
Chirinko, Robert S.; Wilson, Daniel J. - 2010
The standard model of strategic tax competition assumes that government policymakers are perfectly benevolent, acting solely to maximize the utility of the representative resident in their jurisdiction. We depart from this assumption by allowing for the possibility that policymakers also may be...
Persistent link: https://www.econbiz.de/10010270483
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The Importance of Social Status in a Rent-Seeking Society
Amegashie, J. Atsu - 2024
Status-seeking exists in all societies but different societies value status differently. How does the importance of social status affect the mode of status-seeking? I consider a game in which status can be achieved through productive effort that increases wealth or through a contest in which...
Persistent link: https://www.econbiz.de/10014534323
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The Perks of Being in the Smaller Team: Incentives in Overlapping Contests
March, Christoph; Sahm, Marco - 2019
We investigate overlapping contests in multi-divisional organizations in which an individual's effort simultaneously determines the outcome of several contests on different hierarchical levels. We show that individuals in smaller units are advantaged in the grand (organization-wide) contest for...
Persistent link: https://www.econbiz.de/10012179793
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Efficiency and Equity: A General Equilibrium Analysis of Rent-Seeking
Heijdra, Ben J.; Heijnen, Pim - 2021
economy and thereby lowers output and welfare (rent-seeking is inefficient). At the individual level, rent-seeking shifts …
Persistent link: https://www.econbiz.de/10012799675
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Tax Uncertainty and Welfare-Improving Tax Disputes
Hashimzade, Nigar - 2023
allowing or disallowing a tax shelter with certainty. Furthermore, a tax dispute can lead to a net welfare gain despite the …
Persistent link: https://www.econbiz.de/10014290302
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The Dynastic Transmission of Power, Exit Options and the Coevolution of Rent-Seeking Elites
Silve, Arthur; Verdier, Thierry; Verdier, Thierry - 2023
We introduce a dynamic model that investigates the persistence and evolution of elite-dominated societies, where inherited political capital determines one's social standing. Our analysis highlights the critical role of the distribution of exit options in the evolution of political inclusiveness...
Persistent link: https://www.econbiz.de/10014377385