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sacrifices. By combining efficiency with a concern for equality of sacrifice, our criteria avoid serious shortcomings of …
Persistent link: https://www.econbiz.de/10012824737
We study the interplay between intragenerational and intergenerational equity in an economy with two countries producing and consuming from national capital stocks. We characterize the sustainable development path that a social planner would implement to achieve intertemporal egalitarianism. If...
Persistent link: https://www.econbiz.de/10013239334
-maximal lockdown saving lives at the cost of reducing average utility at a given period, there exists always a stricter lockdown, which … further reduces average utility, but leads to a larger aggregate welfare. The optimal lockdown under utilitarianism is also …
Persistent link: https://www.econbiz.de/10013314954
This paper studies the impact of hospital competition on waiting times. We use a Salop-type model, with hospitals that differ in (geographical) location and, potentially, waiting time, and two types of patients; high-benefit patients who choose between neighbouring hospitals (competitive...
Persistent link: https://www.econbiz.de/10013316811
We experimentally examine how the incentive to defect in a social dilemma affects conditional cooperation. In our first study we conduct online experiments in which subjects play eight Sequential Prisoner’s Dilemma games with payoffs systematically varied across games. We find that few second...
Persistent link: https://www.econbiz.de/10014077010
payoffs are all subject to asymmetric information. We assume quasi-linear utility and independent types. We show how the …
Persistent link: https://www.econbiz.de/10014082238
We consider an expanded notion of social norms that renders them belief-dependent and partial, formulate a series of related testable predictions, and design an experiment based on a variant of the dictator game that tests for empirical relevance. Main results: Normative beliefs influence...
Persistent link: https://www.econbiz.de/10012889682
Can social norms affect fundamental patterns of behavior such as income effects? Studies of determinants of giving to charities and other individuals yield a wide range of income-effect estimates. We conduct two experiments to first test whether the effect of income on charitable giving depends...
Persistent link: https://www.econbiz.de/10012858205
not deviate, he would improve his own payoff. We show that if all taxpayers are Nash players, then there is an efficiency …
Persistent link: https://www.econbiz.de/10013313450
Research examining the effect of weak punishment on conformity indicates that punishment can backfire and lead to suboptimal social outcomes. We examine whether this effect is due to a lack of perceived legitimacy of rule enforcement, which would enable agents to justify selfish behavior. We...
Persistent link: https://www.econbiz.de/10013228854