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This article studies the effects of tax competition on the provision of public goods under business risk and partial …
Persistent link: https://www.econbiz.de/10009748378
Experimental studies of the WTP-WTA gap avoid social trading by implementing an incentive compatible mechanism for each individual trader. We compare a traditional random price mechanism and a novel elicitation mechanism preserving social trading, without sacrificing mutual incentive...
Persistent link: https://www.econbiz.de/10010229862
Justification for policies to encourage investments in education, particularly for individuals at the lower end of the … potentially loss averse around their expected outcome make risky investments in education and we draw on optimal tax theory to … explore the design of policy. The model highlights the critical roles played by (i) the relationship between behavioural risk …
Persistent link: https://www.econbiz.de/10010467858
) we vary three payoff indices. Indices of risk and temptation capture the unilateral incentives to defect against … reduces cooperation. In neither study, nor in either subject pool of our second study, do we find a significant effect of risk. …
Persistent link: https://www.econbiz.de/10012694148
proposing a novel news media-based measure of climate change transition risk and show that when such risk is high, major …
Persistent link: https://www.econbiz.de/10012391358
find a quarter of students violated the order. Yet, neither risk preference, altruism, nor preexisting health conditions …
Persistent link: https://www.econbiz.de/10012213128
social context affected risk-taking behavior. Remotely, pairs take far fewer risks when the stakes are high than in the flesh …
Persistent link: https://www.econbiz.de/10013440406
the literature on wage effects we add a breakdown of variances in heterogeneity and risk. …
Persistent link: https://www.econbiz.de/10014309585
The risk of investment in schooling has largely been ignored. We assess the variance in the rate of return by surveying … positively skewed. Our best guess of ex ante risk in university education is a coefficient of variation of about 0.3, comparable …
Persistent link: https://www.econbiz.de/10011450523
Persistent link: https://www.econbiz.de/10003635259