Showing 1 - 10 of 14
This paper studies oligopolistic competition in education markets when schools can be private and public and when the …
Persistent link: https://www.econbiz.de/10013085046
Persistent link: https://www.econbiz.de/10011287201
This paper studies how the risk of divorce affects the human capital decisions of a young couple. We consider a setting where complete specialization (one of the spouses uses up all the education resources) is optimal with no divorce risk. Symmetry in education (both spouses receive an equal...
Persistent link: https://www.econbiz.de/10013096466
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/10013015020
This paper considers an economy where individuals differ in productivity and in risk. Rochet (1991) has shown that when private insurance markets offer full coverage at fair rates, social insurance is desirable if and only if risk and productivity are negatively correlated. This condition is...
Persistent link: https://www.econbiz.de/10013001310
We study the role and structure of commodity taxes when consumption and labor supplies are determined through a bargaining procedure between spouses, and where an optimal income tax is also available. We focus on the question whether there should be differences in tax treatment between "female"...
Persistent link: https://www.econbiz.de/10012962286
We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal care provided to their parents and education expenditures for their children. The young enjoy their education, while the old may leave a bequest to their children. Within each...
Persistent link: https://www.econbiz.de/10013051795
We show that once interfamily exchanges are considered, Becker's rotten kids mechanism has some remarkable implications that have gone hitherto unnoticed. Specifically, we establish that Cornes and Silva's (1999) result of efficiency in the contribution game amongst siblings extends to a setting...
Persistent link: https://www.econbiz.de/10013057897
This paper studies the political economy of a basic income (BI) versus a means tested welfare scheme. We show in a very simple setting that if society votes on the type of system, its generosity as well as the "severity" of means testing (if any), a BI system could only emerge in the political...
Persistent link: https://www.econbiz.de/10013016297
This paper studies the design of health insurance with ex post moral hazard, when there is imperfect competition in the … copayment instruments leads to the same reimbursement rule of individual expenditures as under perfect competition for medical … products. Additional rationing of coverage because of imperfect competition as advocated by Feldstein (1973) is thus not …
Persistent link: https://www.econbiz.de/10013027788