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In May 2018, Scotland introduced a minimum unit price on alcohol. We examine the impact of this policy on traffic fatalities and drunk driving accidents. Using administrative data on the universe of vehicle collisions in Britain and a range of quasi-experimental modeling approaches, we do not...
Persistent link: https://www.econbiz.de/10013191644
magnitudes. I estimate social and externality benefits of influenza vaccination in two settings. First, using a natural … examine a setting with large potential externality benefits: vaccination mandates for health care workers. I find that the … social benefits of vaccination are substantial, most of benefits operate through an externality, and that the benefits of …
Persistent link: https://www.econbiz.de/10012060585
The presence of a heavy truck on the road can impose an externality if accidents occur that would not have otherwise … the road. This negative externality falls on all road users through higher car insurance premiums: one truck, driving for …
Persistent link: https://www.econbiz.de/10011731933
This paper examines the reflexive interplay between individual decisions and social forces to analyze the evolution of cooperation in the presence of "multi-directedness," whereby people's preferences depend on their psychological motives. People have access to multiple, discrete motives....
Persistent link: https://www.econbiz.de/10011452082
Individuals frequently face intertemporal decisions. For the purposes of economic analysis, the preference parameters assumed to govern these decisions are generally considered to be stable economic primitives. However, evidence on the stability of time preferences is notably lacking. In a large...
Persistent link: https://www.econbiz.de/10003940301
The consequences of tobacco control policies for individual welfare are difficult to assess. We therefore evaluate the impact of smoking bans and cigarette prices on subjective well-being by analyzing data for 40 European countries and regions between 1990 and 2011. We exploit the staggered...
Persistent link: https://www.econbiz.de/10009699319
. Nevertheless, there is a heated recent debate on whether markets erode social responsibility and moral behavior. In fact … treatments, concluding a trade has no externality; in the other set, there is a negative externality by voiding donations for a … with an externality, but that market prices are hardly different between markets with or without an externality. We also …
Persistent link: https://www.econbiz.de/10011518078
Standard economics omits the role of narratives (the stories that people tell themselves and others) when they make all kinds of decisions. Narratives play a role in understanding the environment; focusing attention; predicting events; motivating action; assigning social roles and identities;...
Persistent link: https://www.econbiz.de/10011452045
This paper seeks to extend the domain of identity economics by exploring motivational foundations of in-group cooperation and out-group competition. On this basis, we explore the reflexive interaction between individual economic decisions and social identities in response to technological change...
Persistent link: https://www.econbiz.de/10011452091
The unprecedented deterioration of our global environment has increased the necessity of relying upon Green Economic policies as critical and effective environmental management tools. The current situation has stimulated extensive research and debate among global interest groups. This has...
Persistent link: https://www.econbiz.de/10010339613