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Financial Constraints on Corporate Goodness
Hong, Harrison G. - 2012
An influential thesis, dubbed "Doing well by doing good," argues that corporate social responsibility is profitable. But heterogeneity in firm financial constraints can induce a spurious correlation between profits and goodness even if the motives for goodness are non-profit in nature. We use...
Persistent link: https://www.econbiz.de/10013099127
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From Nothing to Too Much : Regulatory Reform in Greece
Hatzis, Aristides N.; Nalpantidou, Sonia - 2013
only of the major laws and regulations. The whole procedure should be controlled and supervised by a central regulatory …
Persistent link: https://www.econbiz.de/10014221615
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When is Social Responsibility Socially Desirable?
de Bettignies, Jean-Etienne - 2015
We study a model in which corporate social responsibility (CSR) arises as a response to inefficient regulation. In our model, firms, governments, and workers interact. Firms generate profits but create negative spillovers that can be attenuated through government regulation, which is set...
Persistent link: https://www.econbiz.de/10013019118
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Three Sides of Harberger Triangles
Hines Jr., James R. - 2021
Harberger triangles are used to calculate the efficiency costs of taxes, government regulations, monopolistic practices …
Persistent link: https://www.econbiz.de/10013237933
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Public Goods in Trade : on the Formation of Markets and Political Jurisdictions
Casella, Alessandra - 2010
The current debate in Western Europe centers on the relationship between economic and political integration. To address this problem, we construct a simple general equilibrium model in which the returns to trading are directly affected by the availability of a public good. In our model,...
Persistent link: https://www.econbiz.de/10013138063
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The New Economics of Equilibrium Sorting and its Transformational Role for Policy Evaluation
Kuminoff, Nicolai - 2010
Households "sort" across neighborhoods according to their wealth and their preferences for public goods, social characteristics, and commuting opportunities. The aggregation of these individual choices in markets and in other institutions influences the supply of amenities and local public...
Persistent link: https://www.econbiz.de/10013138319
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Overcoming the Common Pool Problem Through Voluntary Cooperation : The Rise and Fall of a Fishery Cooperative
Deacon, Robert - 2010
We analyze a seldom used, but highly promising form of rights-based management over common pool resources that involves the self-selection of heterogeneous fishermen into sectors. The fishery management regime assigns one portion of an overall catch quota to a voluntary cooperative, with the...
Persistent link: https://www.econbiz.de/10013138469
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Inefficiencies from Metropolitan Political and Fiscal Decentralization : Failures of Tiebout Competition
Calabrese, Stephen - 2011
We examine the welfare effects of provision of local public goods in an empirically relevant setting using a multi-community model with mobile and heterogeneous households, and with flexible housing supplies. We characterize the first-best allocation and show efficiency can be implemented with...
Persistent link: https://www.econbiz.de/10013121991
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Optimal Taxation with Rent-Seeking
Rothschild, Casey - 2011
Recent policy proposals have suggested taxing top incomes at very high rates on the grounds that some or all of the highest wage earners are engaged in socially unproductive or counterproductive activities, such as externality imposing speculation in the financial sector. To address this, we...
Persistent link: https://www.econbiz.de/10013125562
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Gun for Hire : Does Delegated Enforcement Crowd Out Peer Punishment in Giving to Public Goods?
Andreoni, James - 2011
vigilante justice, as represented by peer-to-peer punishment, to delegated policing, as represented by the "hired gun" mechanism …, to deter free riding and improve group welfare. The "hired gun" mechanism (Andreoni and Gee, 2011) is an example of a low … subjects are willing to pay to hire a delegated policing mechanism over 70% of the time, and that this mechanism increases …
Persistent link: https://www.econbiz.de/10013125564