This paper explores the theoretical linkage between habit and the environment through environmentally harmful consumption affected by habitual behavior. It is shown that habit formation of consumption has both negative and positive effects on environmental quality. Whether the positive effect...

This paper explores the theoretical linkage between habit and the environment through environmentally harmful consumption affected by habitual behavior. It is shown that habit formation of consumption has both negative and positive effects on environmental quality. Whether the positive effect...

This paper focuses on how education costs affect the political determination of redistribution policy via individual decision making on education. For cases of high costs, there are multiple equilibria: the poor-majority equilibrium featured by the minority of highly educated individuals and a...

This paper focuses on how education costs affect the political determination of redistribution policy via individual decision making on education. For cases of high costs, there are multiple equilibria: the poor-majority equilibrium featured by the minority of highly educated individuals and a...