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Earmarking and the political support of fat taxes

Cremer, Helmuth; Goulão, Catarina; Roeder, Kerstin - 2015

A fat and a healthy good provide immediate gratification, and cause health costs or benefits in the long run, which are misperceived. Additionally, the fat good (healthy good) increases (decreases) health care costs by increasing (decreasing) the probability of suffering from a chronic disease...

Persistent link: https://www.econbiz.de/10011336980

Not so sweet : impacts of a soda tax on producers

Goncalves, Judite; Merenda, Roxanne; Santos, João … - 2023

Portugal introduced a sugar-sweetened beverages (SSB) tax in 2017. This study uses unique administrative accounting data for all SSB producers/importers in Portugal, and an event study design with bottled water firms as the primary comparison group, to assess the causal impacts of the tax on...

Persistent link: https://www.econbiz.de/10014228956

Gambling habits and probability judgements in a Bayesian task environment

Dickinson, David L.; Reid, Parker - 2023

information sources. Exploratory analysis, however, revealed interesting effects related to self-reported gambling frequency …-reported gambling frequency was stronger for females. Decision modeling found a decreased weight placed on new evidence (over base rate … frequency of gambling to worse performance in the critical probability assessment skills that should benefit gambling success (i …

Persistent link: https://www.econbiz.de/10014311967

Money and mental wellbeing : a longitudinal study of medium-sized lottery wins

Gardner, Jonathan (contributor); … - 2006

One of the famous questions in social science is whether money makes people happy. We offer new evidence by using longitudinal data on a random sample of Britons who receive medium-sized lottery wins of between Đ1000 and Đ120,000 (that is, up to approximately U.S. $200,000). When compared to...

Persistent link: https://www.econbiz.de/10003355562

Competing approaches to forecasting elections : economic models, opinion polling and prediction markets

Leigh, Andrew (contributor); Wolfers, Justin (contributor) - 2006

We review the efficacy of three approaches to forecasting elections: econometric models that project outcomes on the basis of the state of the economy; public opinion polls; and election betting (prediction markets). We assess the efficacy of each in light of the 2004 Australian election. This...

Persistent link: https://www.econbiz.de/10003334619

Winning big but feeling no better? : the effect of lottery prizes on physical and mental health

Apouey, Bénédicte; Clark, Andrew E. - 2010

We use British panel data to determine the exogenous impact of income on a number of individual health outcomes: general health status, mental health, physical health problems, and health behaviors (drinking and smoking). Lottery winnings allow us to make causal statements regarding the effect...

Persistent link: https://www.econbiz.de/10003937887

Explaining the favorite-longshot bias : is it risk-love or misperceptions?

Snowberg, Erik; Wolfers, Justin - 2010

The favorite-longshot bias describes the longstanding empirical regularity that betting odds provide biased estimates of the probability of a horse winning – longshots are overbet, while favorites are underbet. Neoclassical explanations of this phenomenon focus on rational gamblers who overbet...

Persistent link: https://www.econbiz.de/10003958768

Gambling and the use of credit : an individual and household level analysis

Brown, Sarah; Dickerson, Andrew P.; McHardy, Jolian P.; … - 2010

We explore the relationship between gambling and other forms of risk-taking behaviour, i.e. exposure to debt and the … Expenditure and Food Surveys (EFS), 2001 to 2007. Gambling and the use of credit are shown to be positively correlated at the … household level. While both the incidence and amount of gambling vary according to household income, the positive association …

Persistent link: https://www.econbiz.de/10003942188

The effects of lottery prizes on winners and their neighbors : evidence from the Dutch Postcode Lottery

Kuhn, Peter Joseph; Kooreman, Peter; Soetevent, Adriaan R. - 2010

Each week, the Dutch Postcode Lottery (PCL) randomly selects a postal code, and distributes cash and a new BMW to lottery participants in that code. We study the effects of these shocks on lottery winners and their neighbors. Consistent with the life-cycle hypothesis, the effects on winners’...

Persistent link: https://www.econbiz.de/10003965650

Splitting Tournaments

Leuven, Edwin; Oosterbeek, Hessel; Klaauw, Bas van der - 2010

In this paper we investigate how heterogeneous agents choose among tournaments with different prizes. We show that if the number of agents is sufficiently small, multiple equilibria can arise. Depending on how the prize money is split over the tournaments, these may include, for example, a...

Persistent link: https://www.econbiz.de/10009007838