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Economic Incentives and Social Preferences : A Preference-Based Lucas Critique of Public Policy
Bowles, Samuel; Polania-Reyes, Sandra - 2021
Policies and explicit private incentives designed for self-regarding individuals sometimes are less effective or even counterproductive when they diminish altruism, ethical norms and other social preferences. Evidence from 51 experimental studies indicates that this crowding out effect is...
Persistent link: https://www.econbiz.de/10013316339
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Economic Incentives and Social Preferences: A Preference-based Lucas Critique of Public Policy
Bowles, Samuel; Reyes, Sandra Polanía - CESifo - 2009
Policies and explicit private incentives designed for self-regarding individuals sometimes are less effective or even counterproductive when they diminish altruism, ethical norms and other social preferences. Evidence from 51 experimental studies indicates that this crowding out effect is...
Persistent link: https://www.econbiz.de/10005029261
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Estate Taxation with Both Accidental and Planned Bequests
Pestieau, Pierre; Sato, Motohiro - 2021
Actual inheritances are an hybrid of canonical types of bequests and in particular of accidental bequests and altruistic bequests. In this paper, bequeathed estate consists of two components: an amount intended by altruistic parents and an amount which results from the "premature" death of...
Persistent link: https://www.econbiz.de/10013317428
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Awards as Signals
Frey, Bruno S.; Neckermann, Susanne - CESifo - 2010
a unique cross-country data set, we suggest that awards serve as signals. Awards are more prevalent the more difficult …
Persistent link: https://www.econbiz.de/10008727309
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Barter, Liquidity and Market Segmentation
Prendergast, Canice; Stole, Lars - CESifo - 2001
This paper explores the private and social benefits from barter exchange in a monetized economy. We first prove a no …-monetary exchange avoids this limitation and enhances trade by (1) generating liquidity and (2) by segmenting the market place into low …-demand and high-demand customers in a manner which is impossible with pure monetary exchange. We provide comparative statics …
Persistent link: https://www.econbiz.de/10005765768
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Unequal Bequests
Francesconi, Marco; Pollak, Robert A.; Tabasso, Domenico - CESifo - 2015
Using data from the Health and Retirement Study (HRS), we make two contributions to the literature on end-of-life transfers. First, we show that unequal bequests are much more common than generally recognized, with one-third of parents with wills planning to divide their estates unequally among...
Persistent link: https://www.econbiz.de/10011165504
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Partial Coercion, Conditional Cooperation, and Self-Commitment in Voluntary Contributions to Public Goods
Cettolin, Elena - 2011
In this paper we experimentally investigate whether partial coercion can in combination with conditional cooperation increase contributions to a public good. We are especially interested in the behavior of the non-coerced populations. The main finding is that in our setting conditional...
Persistent link: https://www.econbiz.de/10013120907
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Tullock Challenges : Happiness, Revolutions and Democracy
Frey, Bruno S. - 2011
Gordon Tullock has been one of the most important founders and contributors to Public Choice. Two innovations are typical “Tullock Challenges." The first relates to method: The measurement of subjective well-being, or happiness. The second relates to digital social networks such as Facebook,...
Persistent link: https://www.econbiz.de/10013124683
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Strategic Choices for Redistribution and the Veil of Ignorance : Theory and Experimental Evidence
Gerber, Anke - 2013
We provide experimental evidence on the emergence of redistributive societies. Individuals first vote on redistribution by feet and then learn their productivity and invest. We vary the individuals' information about their productivities at the time when they choose a distribution rule and find...
Persistent link: https://www.econbiz.de/10013074399
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A Banana Republic? Trust in Electoral Institutions in Western Democracies - Evidence from a Presidential Election in Austria
Potrafke, Niklas - 2017
We examine the extent to which political scandals influence trust in electoral institutions in established Western democracies. The second ballot of the 2016 Presidential election in Austria needed to be repeated because of inconsistencies in individual electoral districts (scandal districts)....
Persistent link: https://www.econbiz.de/10012964379