Showing 1 - 10 of 243
data on exports of U.S. linerboard and German beer to a variety of destination markets. The destination-specific panel data …
Persistent link: https://www.econbiz.de/10013233435
accident mortality rates of youths ages 15 through 17, 18 through 20, and 21 through 24 are negatively related to the real beer … purchase of beer. Simulations suggest that the lives of 1,022 youths between the ages of 18 and 20 would have been saved in a … typical year during the sample period if the Federal excise tax rate on beer, which has been fixed in nominal terms since 1951 …
Persistent link: https://www.econbiz.de/10013237039
a unit of alcohol in beer, in wine and in spirits. This paper provides some new empirical evidence of what effect … consumption results from an increase in spirits taxes, followed by beer taxes and then wine taxes. This suggests that the existing … generally accepted taxation policy of placing the highest tax on spirits, a lower tax on beer, and the lowest tax on wine …
Persistent link: https://www.econbiz.de/10013210638
This paper investigates changes in cultural consumption patterns for a low concentration industry: wine and beer. Using … data on 38 countries from 1963-2000, there is clear convergence in the consumption of wine relative to beer between 1963 …
Persistent link: https://www.econbiz.de/10013213461
It is often argued that additional checks and balances provide economic agents with better protection from expropriation of their wealth or productive capital. We demonstrate that in a dynamic political economy model this intuition may be flawed. Surprisingly, increasing the number of veto...
Persistent link: https://www.econbiz.de/10013071791
Economists are increasingly turning to the experimental method as a means to estimate causal effects. By using randomization to identify key treatment effects, theories previously viewed as untestable are now scrutinized, efficacy of public policies are now more easily verified, and stakeholders...
Persistent link: https://www.econbiz.de/10013072579
Do the parties in a typical dispute face incentives similar to those in the classic prisoner's dilemma game? In this paper, we explore whether the costs and benefits of legal representation are such that each party seeks legal representation in the hope of exploiting the other party, while...
Persistent link: https://www.econbiz.de/10013086298
We design a laboratory experiment to investigate bilateral link formation in a setting where payoffs are pair-specific. Our link formation rule is decentralized and players can make link offers and counter-offers, as in a Beckerian marriage market. The game is designed in such a way that a...
Persistent link: https://www.econbiz.de/10013011107
This paper shows that when donors and recipients care about each other --two-sided altruism -- the presence of asymmetry of information about the donor's income leads very naturally to a signaling game. A donor who cares about the recipient's welfare has incentives to appear richer than he is...
Persistent link: https://www.econbiz.de/10013020200
This chapter develops a unified framework for the study of how network interactions can function as a mechanism for propagation and amplification of microeconomic shocks. The framework nests various classes of games over networks, models of macroeconomic risk originating from microeconomic...
Persistent link: https://www.econbiz.de/10013028546