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Does Voluntary Risk Taking Affect Solidarity? Experimental Evidence from Kenya
Strobl, Renate - 2018
In this study we experimentally investigate whether solidarity, which is a crucial base for informal insurance arrangements in developing countries, is sensitive to the extent to which individuals can influence their risk exposure. With slum dwellers of Nairobi our design measures subjects'...
Persistent link: https://www.econbiz.de/10012933079
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Market Effects of Voluntary Climate Action by Firms : Evidence from the Chicago Climate Exchange
Gans, Will; Hintermann, Beat - 2021
, the ability to influence or avoid regulation, or the experience gained for future regulation, have all been suggested as … to join CCX is to prepare for future regulation. Our results imply that relying on voluntary approaches alone to combat …
Persistent link: https://www.econbiz.de/10013316016
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Monitoring, Sanctions and Front-Loading of Job Search in a Non-Stationary Model
Cockx, Bart - 2011
We develop and estimate a non-stationary job search model to evaluate a scheme that monitors job search effort and sanctions insured unemployed whose effort is deemed insufficient. The model reveals that such schemes provide incentives to the unemployed to front-load search effort prior to...
Persistent link: https://www.econbiz.de/10013117785
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Facts or Ideology : What Determines the Results of Econometric Estimates of the Deterrence Effect of Death Penalty? A Meta-Analysis
Gerritzen, Berit - 2013
This article contributes to the literature on stock market integration by developing and estimating a capital asset pricing model with segmentation effects in order to assess stock market segmentation and its effects on risk premia at the regional level. We show that the estimated degrees of...
Persistent link: https://www.econbiz.de/10013084011
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Status-Seeking in Criminal Subcultures and the Double Dividend of Zero-Tolerance
Dur, Robert - 2006
This paper offers a new argument for why a more aggressive enforcement of minor offenses ('zero-tolerance') may yield a double dividend in that it reduces both minor offenses and more severe crime. We develop a model of criminal subcultures in which people gain social status among their peers...
Persistent link: https://www.econbiz.de/10012779694
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Your Loss is My Gain : A Recruitment Experiment with Framed Incentives
de Quidt, Jonathan - 2017
As predicted by loss aversion, numerous studies find that penalties elicit greater effort than bonuses, even when the underlying payoffs are identical. However, loss aversion also predicts that workers will demand higher wages to accept penalty contracts. In six experiments I recruited workers...
Persistent link: https://www.econbiz.de/10012962112
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Is the Severity of the Penalty an Effective Deterrent? A Strategic Approach for the Crime of Tax Evasion
Chiarini, Bruno - 2016
attempts to increase the severity of punishment will alter the payoff of the individuals involved, leaving unchanged the … the certainty of punishment and the ability of the government to enforce it …
Persistent link: https://www.econbiz.de/10012979544
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When and How the Punishment Must Fit the Crime
Mailath, George J.; Nocke, Volker; White, Lucy - 2021
In repeated normal-form (simultaneous-move) games, simple penal codes (Abreu, 1986, 1988) permit an elegant characterization of the set of subgame-perfect outcomes. We show that the logic of simple penal codes fails in repeated extensive-form games. By means of examples, we identify two types of...
Persistent link: https://www.econbiz.de/10013315551
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Altruistic Punishment in Elections
Aimone, Jason Anthony; Butera, Luigi; Stratmann, Thomas - 2021
Altruistic punishment is a fundamental driver for cooperation in human interactions. In this paper, we expand our … understanding of this form of costly punishment to help explain a puzzle of voting behavior: why do people who are indifferent … simple voting experiment, we show that many voters are willing to engage in voting as a form of punishment, even when voting …
Persistent link: https://www.econbiz.de/10013315578
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Econometric Estimates of Deterrence of the Death Penalty : Facts or Ideology?
Kirchgässner, Gebhard - 2021
In 2007, the Wall Street Journal published an article claiming that each execution saves more than 70 lives. This example is used to show how easy it is, using simple or advanced econometric techniques, to produce results that do or do not support the deterrence hypothesis. Moreover, we also...
Persistent link: https://www.econbiz.de/10013316017