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concerning the health effects of the consumption of fat and of healthy goods. The level of the fat tax is determined through … majority voting. Individuals vote according to their misperceived utility function. Consequently, excessive fat consumption is … fraction of the fat tax proceeds is “earmarked” to reduce health insurance premiums while the remaining fraction finances a …
Persistent link: https://www.econbiz.de/10013013697
We consider a two-period model. In the first period, individuals consume two goods: one is sinful and the other is not. The sin good brings pleasure but has a detrimental effect on second period health and individuals tend to underestimate this effect. In the second period, individuals can...
Persistent link: https://www.econbiz.de/10012772005
We compare single ballot vs dual ballot elections under plurality rule, assuming sincere voting and allowing for partly …
Persistent link: https://www.econbiz.de/10012763997
The direct democratic choice of an examination standard, i.e., a performance level required to graduate, is evaluated against a utilitarian welfare function. It is shown that the median preferred standard is inefficiently low if the marginal cost of reaching a higher performance reacts more...
Persistent link: https://www.econbiz.de/10012925249
paternalistic tax on unhealthy food mitigates the individual's weight problem (intensive margin), but does not induce the individual … other goods), which may render the tax on unhealthy food inferior to the option of not taxing the individual at all. In … addition, with heterogeneous individuals the optimal uniform paternalistic tax may have the negative side effect of rendering …
Persistent link: https://www.econbiz.de/10012920862
-indifferences approach comparing the regular and the repeated round of the second ballot, and examine whether voter turnout, postal voting …, invalid voting and the vote shares of the candidates changed in scandal districts. Postal voting declined, but the results do … not show that districts with inconsistencies differ regarding voter turnout, postal voting, invalid voting, and vote …
Persistent link: https://www.econbiz.de/10012964379
This paper investigates the relationship between health insurance coverage and risky health behaviors among young adults using the confidential version of the National Longitudinal Survey of Youth, 1997 Cohort (NLSY97). Before the Affordable Care Act required all employers to provide health...
Persistent link: https://www.econbiz.de/10013315533
It is common knowledge that mobile individuals are difficult to tax. Governments accommodate these difficulties by … granting special tax reductions to mobile individuals as it is expedient to get some tax revenue from these individuals rather … than to lose them as tax payers completely. Taxing according to expediency is, however, criticized by ordinary tax payers …
Persistent link: https://www.econbiz.de/10013118680
Guaranteed renewability is a prominent feature in many health and life insurance markets. It is well established in the literature that, when there is (only) risk type uncertainty, the optimal GR contract with renewal price set at the actuarially fair price for low risk types provides full...
Persistent link: https://www.econbiz.de/10012913273
We propose and axiomatize probability adjusted rank-discounted critical-level generalized utilitarianism (PARDCLU). We … thus generalize rank-discounted utilitarianism (RDU) (proposed by Zuber and Asheim, 2012) to variable population and risky … other policy issues with long-run consequences. We illustrate how PARDCLU yields rank-dependent expected utilitarianism …
Persistent link: https://www.econbiz.de/10013315618