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We report results from the first experimental study of round-robin tournaments. In our experiment, we investigate how … the prize structure affects the intensity, fair-ness, and dynamic behavior in sequential round-robin tournaments with three …
Persistent link: https://www.econbiz.de/10013293842
and social norms, and trust. In a preregistered online experiment (n = 1,038), we find that biased institutions reduce …
Persistent link: https://www.econbiz.de/10014345629
trembling-hand perfect equilibrium under selfish preferences even towards the end of our experiment. The likely reasons for our …
Persistent link: https://www.econbiz.de/10013213777
obligations. We present evidence from a laboratory tax experiment suggesting that the effects of complexity on compliance are … intrinsically linked to distributive fairness. We find that compliance remains largely unaffected by complexity when income taxes …
Persistent link: https://www.econbiz.de/10012860571
related testable predictions, and design an experiment based on a variant of the dictator game that tests for empirical …
Persistent link: https://www.econbiz.de/10012889682
Although measures of sensitivity to inequality are important in judging the welfare effects of health-care programmes, it is far from straightforward how to elicit them and apply them in health-care decision making. This paper provides an overview of the literature on the measurement of...
Persistent link: https://www.econbiz.de/10012892077
The study of optimal long-term care (LTC) social insurance is generally carried out under the utilitarian social criterion, which penalizes individuals who have a lower capacity to convert resources into well-being, such as dependent elderly individuals or prematurely dead individuals. This...
Persistent link: https://www.econbiz.de/10012866386
We discuss public pension systems in a multi-period overlapping generations model with gerontologically founded human aging and a special focus on occupation-specific morbidity and mortality. We examine how distinct replacement rates for white-collar and blue-collar workers and early retirement...
Persistent link: https://www.econbiz.de/10013219069
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
to life expectancy developments while respecting the principles of intergenerational actuarial fairness and neutrality …
Persistent link: https://www.econbiz.de/10013314670