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Political economics of higher education finance

Borck, Rainald; Wimbersky, Martin - 2009

We study voting over higher education finance in an economy with risk averse households who are heterogeneous in income. We compare four different systems and analyse voters' choices among them: a traditional subsidy scheme, a pure loan scheme, income contingent loans and graduate taxes. Using...

Persistent link: https://www.econbiz.de/10003897350

The ex ante incentive compatible core in exchange economies with and without indivisibilities

Forges, Françoise (contributor) - 2006

The ex ante incentive compatible core of an exchange economy with private information is the (standard) core of a socially designed characteristic function, which expresses the fact that coalitions allocate goods by means of random incentive compatible mechanisms. We first survey some results in...

Persistent link: https://www.econbiz.de/10003301240

Reelection threshold contracts in politics

Gersbach, Hans; Liessem, Verena - 2001

When politicians are provided with insufficient incentives by the democratic election mechanism, we show that social …

Persistent link: https://www.econbiz.de/10011408440

Mentoring and schooling decisions : causal evidence

Falk, Armin; Kosse, Fabian; Pinger, Pia - 2020

Inequality of opportunity strikes when two children with the same academic performance are sent to different quality schools because their parents differ in socio-economic status. Based on a novel dataset for Germany, we demonstrate that children are signiﬁcantly less likely to enter the...

Persistent link: https://www.econbiz.de/10012234470

Social capital and the status externality

Itaya, Jun-ichi; Tsoukis, Christopher - 2017

This paper investigates how the presence of social capital affects the externality arising from status-seeking preference as a parable for inefficient antagonistic behavior. It is assumed that the stock of social capital is accumulating through joint social interaction between rational...

Persistent link: https://www.econbiz.de/10011781329

The importance of social status in a rent-seeking society

Amegashie, J. Atsu - 2024

Status-seeking exists in all societies but different societies value status differently. How does the importance of social status affect the mode of status-seeking? I consider a game in which status can be achieved through productive effort that increases wealth or through a contest in which...

Persistent link: https://www.econbiz.de/10014456231

The roots of cooperation

Bašić, Zvonimir; Bindra, Parampreet Christopher; … - 2021

We study the development of cooperation in 929 young children, aged 3 to 6. In a unified experimental framework, we examine pre-registered hypotheses about which of three fundamental pillars of human cooperation – direct and indirect reciprocity, and third-party punishment – emerges earliest...

Persistent link: https://www.econbiz.de/10012668493

The roots of cooperation

Bašić, Zvonimir; Bindra, Parampreet Christopher; … - 2021 - This version: 10 June 2021

Understanding the roots of human cooperation among strangers is of great importance for solving pressing social dilemmas and maintening public goods in human societies. We study the development of cooperation in 929 young children, aged 3 to 6. In a unified experimental framework, we examine...

Persistent link: https://www.econbiz.de/10012547006

A theory of indifference based on status-seeking behaviour

Marjit, Sugata; Dastidar, Krishnendu Ghosh; Pandey, … - 2023

psychology and economic theory literature on the causes and consequences of status-seeking behaviour. It integrates the idea in a …

Persistent link: https://www.econbiz.de/10014265989

Regret in one-shot and recurrent decisions : a cautionary tale

Imas, Alex; Lamé, Diego; Wilson, Alistair J. - 2016

Under regret theory, decision-makers derive utility both from the outcome of their chosen action and the counterfactual … of regret theory for repeated decisions are far from clear. Indeed while our one-shot experimental data corroborate the … lotteries and their certainty equivalents. Given the recent literature on the use of regret lotteries as incentives, our results …

Persistent link: https://www.econbiz.de/10011485182