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Career Lotto : Labor Supply in Winner-Take-All Markets

Grove, Wayne A. - 2019

Are people prone to selecting occupations with highly skewed income distributions despite minuscule chances of success? Assembling a comprehensive pool of potential teenage entrants into professional tennis (a typical winner-take-all market), we construct objective measures of relative ability...

Persistent link: https://www.econbiz.de/10012894561

Buying Lottery Tickets for Foreign Workers : Search Cost Externalities Induced by H-1b Policy

Sharma, Rishi; Sparber, Chad - 2021

The H-1B program allows firms in the United States to temporarily hire high-skilled foreign citizens. H-1B workers are highly concentrated among a small number of firms. We develop a theoretical model demonstrating that this phenomenon is an artifact of policy design: When the government...

Persistent link: https://www.econbiz.de/10013314927

Gambling Habits and Probability Judgements in a Bayesian Task Environment

Dickinson, David L.; Reid, Parker - 2023

information sources. Exploratory analysis, however, revealed interesting effects related to self-reported gambling frequency …-reported gambling frequency was stronger for females. Decision modeling found a decreased weight placed on new evidence (over base rate … frequency of gambling to worse performance in the critical probability assessment skills that should benefit gambling success (i …

Persistent link: https://www.econbiz.de/10014346673

Heterogeneous Productivity in Voluntary Public Good Provision : An Experimental Analysis

Fellner-Röhling, Gerlinde - 2011

This article experimentally examines voluntary contributions when group members' marginal returns to the public good vary. The experiment implements two marginal return types, low and high, and uses the information that members have about the heterogeneity to identify the applied contribution...

Persistent link: https://www.econbiz.de/10013128231

Inequality, Inequity Aversion, and the Provision of Public Goods

Kölle, Felix - 2011

We investigate the effects of inequality in wealth on the incentives to contribute to a public good when agents are inequity averse and may differ in ability. We show that equality may lead to a reduction of public good provision below levels generated by purely selfish agents. But introducing...

Persistent link: https://www.econbiz.de/10013129910

Network Architecture and Mutual Monitoring in Public Goods Experiments

Carpenter, Jeffrey P. - 2010

fundamental, properties in graph theory allow us to interpret the variation in the patterns of behavior that arise in the …

Persistent link: https://www.econbiz.de/10013136030

Competition, Cooperation, and Collective Choice

Markussen, Thomas - 2012

The ability of groups to implement efficiency-enhancing institutions is emerging as a central theme of research in economics. This paper explores voting on a scheme of intergroup competition which facilitates cooperation in a social dilemma situation. Experimental results show that the...

Persistent link: https://www.econbiz.de/10013104948

Optimal Redistributive Taxation and Provision of Public Input Goods in an Economy with Outsourcing and Unemployment

Aronsson, Thomas - 2010

This paper concerns optimal redistributive income taxation and provision of a public input good in a two-type model with a minimum wage policy implemented for the low-ability type, where firms may outsource part of the production process abroad, and where outsourcing is substitutable for...

Persistent link: https://www.econbiz.de/10013152608

Microdata for Social Sciences and Policy Evaluation as a Public Good

Trivellato, Ugo - 2017

The balance between the right to privacy and the right to freedom of information is altered when scientific research comes into play, because of its inherent needs and societal function. This paper argues that, for research purposes, microdata should be characterised as a public good. The...

Persistent link: https://www.econbiz.de/10012945220

Rotten Spouses, Family Transfers and Public Goods

Cremer, Helmuth - 2014

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

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