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Non-welfarist optimal taxation and behavioral public economics : presented at CESifo Venice Summer Institute, Workshop on Behavioral Public Economics, July 2004
Kanbur, Ravi; Pirttilä, Jukka; Tuomala, Matti - 2004
Research in behavioral economics has uncovered the widespread phenomenon of people making decisions against their own good intentions. In these situations, the government might want to intervene, indeed individuals might want the government to intervene, to induce behavior that is closer to what...
Persistent link: https://www.econbiz.de/10011451127
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Why not in your backyard? : on the location and size of a public facility
Bellettini, Giorgio (contributor); Kempf, Hubert (contributor) - 2008
Persistent link: https://www.econbiz.de/10003662234
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Strategic interactions between fiscal and monetary authorities in a multi-country new-Keynesian model of a monetary union
Michalak, Tomasz; Engwerda, Jacob Christiaan; Plasmans, … - 2009
In this paper we consider a number of key issues related to the policy coordination in a monetary union that has been recently discussed in the literature. To this end we propose a multi-country New-Keynesian model of a monetary union cast in the framework of linear quadratic differential games....
Persistent link: https://www.econbiz.de/10003807838
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Equilibrium vengeance
Friedman, Daniel; Singh, Nirvikar - 2002
This paper introduces two ideas, emotional state dependent utility components (ESDUCs), and evolutionary perfect …
Persistent link: https://www.econbiz.de/10011410673
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A theoretical analysis of the effects of legislation on marriage, fertility, domestic division of labour, and the education of children
Cigno, Alessandro (contributor) - 2007
Persistent link: https://www.econbiz.de/10003623990
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Priority for the worse off and the social cost of carbon
Adler, Matthew D.; Anthoff, David; Bosetti, Valentina; … - 2016
The social cost of carbon (SCC) is a monetary measure of the harms from carbon emission. Specifically, it is the reduction in current consumption that produces a loss in social welfare equivalent to that caused by the emission of a ton of CO2. The standard approach is to calculate the SCC using...
Persistent link: https://www.econbiz.de/10011518115
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Projective paternalism
Ambuehl, Sandro; Bernheim, Bert Douglas; Ockenfels, Axel - 2019
We study experimentally when, why, and how people intervene in others' choices. Choice Architects (CAs) construct opportunity sets containing bundles of time-indexed payments for Choosers. CAs frequently prevent impatient choices despite opportunities to provide advice, believing Choosers...
Persistent link: https://www.econbiz.de/10012038987
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The scope of cooperation : values and incentives
Tabellini, Guido Enrico (contributor) - 2008
Persistent link: https://www.econbiz.de/10003641773
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Measuring the consumption value of higher education
Alstadsæter, Annette - 2009
This paper argues that the consumption value of education is an important motivation for the educational choice. While controlling for ability, we document that individuals are willing to forego substantial future wage returns in order to acquire a particular type of higher education. We...
Persistent link: https://www.econbiz.de/10003887465
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Beyond Bentham : measuring procedural utility
Frey, Bruno S.; Stutzer, Alois - 2001
We propose that outcome utility and process utility can be distinguished and empirically measured. People gain … procedural utility from participating in the political decision-making process itself, irrespective of the outcome. Nationals … enjoy both outcome and process utility, while foreigners are excluded from political decision-making and therefore cannot …
Persistent link: https://www.econbiz.de/10011398899