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lifetime earnings risk. Based on a dynamic life-cycle model, we find that redistribution through the tax-and -transfer system … risk. Progressive taxation of annual earnings provides little insurance against lifetime earnings risk. The lifetime …
Persistent link: https://www.econbiz.de/10011795062
behaviour in this unusual market. Participants have lower risk tolerance and higher patience levels than the Iranian average but …Iran has the world's only government-regulated kidney market. We report the results of the first field study of donor … an examination of decision-making in extreme situations by individuals in this market, typically at the very bottom of …
Persistent link: https://www.econbiz.de/10013471373
The prisoner's dilemma (PD) is arguably the most important model of social dilemmas, but our knowledge about how a PD's material payoff structure affects cooperation is incomplete. In this paper we investigate the effect of variation in material payoffs on cooperation, focusing on one-shot PD...
Persistent link: https://www.econbiz.de/10014493805