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Choosing monetary sequences : theory and experimental evidence
Manzini, Paola (contributor); Mariotti, Marco (contributor);  … - 2006
In this paper we formulate and investigate experimentally a model of how individuals choose between time sequences of monetary outcomes. The theoretical model assumes that a decision-maker uses, sequentially, two criteria to screen options. Each criterion only permits a decision between some...
Persistent link: https://www.econbiz.de/10003323162
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Risk, delegation, and project scope
Roider, Andreas (contributor) - 2007
This paper studies a partial-contracting model where an agent may provide effort to increase a project’s scope before some later decisions have to be taken. Consistent with existing empirical evidence, we find a positive relationship between exogenous risk and delegation. That is, we show that...
Persistent link: https://www.econbiz.de/10003566282
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Time preferences and criminal behavior
Åkerlund, David; Golsteyn, Bart H. H.; Grönqvist, Hans; … - 2014
. Yet, economic theory predicts that the scope for punishment as acting as a deterrent depends on how much individuals …
Persistent link: https://www.econbiz.de/10010355861
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Time discounting and the body mass index
Borghans, Lex (contributor);  … - 2005
In many Western countries, the relative weight of people - measured by the Body Mass Index (BMI) - has increased substantially in recent years, leading to an increasing incidence of overweight and related health problems. As with many forms of risky behavior, it is plausible that overweight is...
Persistent link: https://www.econbiz.de/10002805498
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Job matching and the returns to educational signals
Habermalz, Steffen (contributor) - 2003 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001733997
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Back to Edgeworth? : estimating the value of time using hedonic experiences
Krekel, Christian; MacKerron, George - 2023
Following early economist Francis Y. Edgeworth's proposal to measure people's hedonic experiences as they go about their daily lives, we use a smartphone app that over eight years randomly asked a panel of 30, 936 UK residents (N = 2, 235, 733) about their momentary feelings and activities to...
Persistent link: https://www.econbiz.de/10014311979
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Why praise inequality? : public good provision, income distribution and social welfare
Dasgupta, Indraneel - 2009
redistribution from the rich to the poor will improve social welfare, regardless of how small inequality is in the status quo …
Persistent link: https://www.econbiz.de/10003808609
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Redistribution and insurance with simple tax instruments
Findeisen, Sebastian; Sachs, Dominik - 2015
provide a novel decomposition of labor income tax formulas into a redistribution and an insurance component. The latter is … capital tax is non-zero and trades off redistribution and insurance against savings distortions. Our quantitative results … bound on optimal taxes: even for welfare functions that do not value redistribution, marginal tax rates are positive for all …
Persistent link: https://www.econbiz.de/10011283108
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Optimal wage redistribution in the presence of adverse selection in the labor market
Bastani, Spencer; Blumḳin, Tomer; Micheletto, Luca - 2015
In this paper we allude to a novel role played by the non-linear income tax system in the presence of adverse selection in the labor market due to asymmetric information between workers and firms. We show that an appropriate choice of the tax schedule enables the government to affect the wage...
Persistent link: https://www.econbiz.de/10011289068
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The paradox of redistribution revisited : and that it may rest in peace?
Marx, Ive; Salanauskaite, Lina; Verbist, Gerlinde - 2013
fact become a very weak one. For what it matters, targeting tends to be associated with higher levels of redistribution …
Persistent link: https://www.econbiz.de/10009753045