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attention to fear. We test how fear and trust shape demand for government regulation by drawing on especially precise measures … fear of contracting the virus is directly related to greater demand for regulation. In addition, the impact of trust is … conditional on the level of fear. Higher interpersonal trust is related to lower demand for Covid-19 regulation, while higher …
Persistent link: https://www.econbiz.de/10014290066
We study how the distribution of other-regarding preferences develops with age. Based on a set of allocation choices, we can classify each of 717 subjects, aged 8 to 17 years, as either egalitarian, altruistic, or spiteful. Varying the allocation recipient as either an in-group or an out-group...
Persistent link: https://www.econbiz.de/10010274872
this end we develop a simple dynamic principal-agent model where both players may have feelings of altruism or spite toward …
Persistent link: https://www.econbiz.de/10010282065
In this paper we use an experiment to compare a theory of risk aversion and a theory of spite as an explanation for … spite can be used to rationalize deviations from risk neutral equilibrium bids in auctions. We exploit that equilibrium …. Indeed, we find that spite is a more convincing explanation for bidding behavior for the second-price all-pay auction. Not …
Persistent link: https://www.econbiz.de/10012018322
settlement requests are higher for more spiteful participants. The relative increase in litigation expenditures due to spite is …
Persistent link: https://www.econbiz.de/10014290200
In order to analyze the severity of sentencing, and to show how the probabilistic interpretation of strategic behavior can be tricky, this paper uses the crime strategic model (inspection game) proposed by Tsebelis. This model shows that any attempts to increase the severity of punishment will...
Persistent link: https://www.econbiz.de/10011555554
threshold of legality is uncertain. I show that this legal uncertainty raises welfare. Legal uncertainty changes deterrence in …
Persistent link: https://www.econbiz.de/10011584863
This paper models payment evasion as a source of profit by letting the firm choose the purchase price and the fine imposed on detected payment evaders. For a given price and fine, the consumers purchase, evade payment, or choose the outside option. We show that payment evasion leads to a form of...
Persistent link: https://www.econbiz.de/10010531812
In the course of history, a large number of politicians have been assassinated. Rational choice hypotheses are developed and tested using panel data covering more than 100 countries over a period of 20 years. Several strategies, in addition to security measures, are shown to significantly reduce...
Persistent link: https://www.econbiz.de/10010264506
The deterrent effect of law enforcement rests on the link between the actual and the perceived detection risk. We study the role of word of mouth for this linkage. Our approach makes use of micro data on compliance with TV license fees allowing us to distinguish between households who have been...
Persistent link: https://www.econbiz.de/10010264559