Showing 1 - 9 of 9
We analyze the costs and benefits of using social image to foster virtuous behavior. A Principal seeks to motivate reputation-conscious agents to supply a public good. Each agent chooses how much to contribute based on his own mix of public-spiritedness, private signal about the value of the...
Persistent link: https://www.econbiz.de/10011476544
Due to incomplete contracts, efficiency of an organization depends on willingness of individuals to take non-selfish actions, e.g., cooperate when there is no incentive to do so, or punish inefficient actions by others. Organizations also constitute a social boundary, or group. We investigate...
Persistent link: https://www.econbiz.de/10003296130
policy involves a more progressive tax system than in the absence of workaholism. -- addiction ; retirement ; labor supply …
Persistent link: https://www.econbiz.de/10003039636
to 1990. We consider prescription opioids and have a close proxy for addiction to illicit opioids. We find that, if at …
Persistent link: https://www.econbiz.de/10012239591
This paper investigates the impact of drug decriminalization in Portugal using the Synthetic Control Method. The applied econometric methodology compares Portuguese drug-related variables with the ones extracted from a convex combination of similar European countries. The results suggest that a...
Persistent link: https://www.econbiz.de/10011704335
This paper deals with one of the main empirical problems associated with the rational addiction theory, namely that its … addiction equation cannot distinguish between time consistency and inconsistency in preferences. We show that an encompassing … general specification of the rational addiction model embeds the possibility of testing for time consistent versus time …
Persistent link: https://www.econbiz.de/10012160910
This paper provides an empirical test of the rational addiction model, used in economics to model individuals …
Persistent link: https://www.econbiz.de/10011764676
constructed where individuals choose whether to use opioids recreationally, knowing the probabilities of addiction and dying …-college educated that summarize the transitions into and out of opioid addiction as well as to a deadly overdose. The structural model …
Persistent link: https://www.econbiz.de/10013382024
longitudinal data from RLMS, estimating a quasi-hyperbolic discounting rational addiction model for young and adult smokers …
Persistent link: https://www.econbiz.de/10014326453