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This paper has two goals. First, we discuss several emerging approaches to applied welfare analysis under non-standard ("behavioral") assumptions concerning consumer choice. This provides a foundation for Behavioral Public Economics. Second, we illustrate applications of these approaches by...
Persistent link: https://www.econbiz.de/10013222646
We conducted a randomized controlled trial testing the effect of modest incentives to attend the gym among new members of a fitness facility, a population that is already engaged in trying to change a health behavior. Our experiment randomized 836 new members of a private gym into a control...
Persistent link: https://www.econbiz.de/10012951892
evidence is consistent with the hypothesis that foreign-owned firms would prefer to use corporate social responsibility (CSR …) activities on a more international scale, but will strategically use CSR activities for public relation motives when the MNE …
Persistent link: https://www.econbiz.de/10013114291
responsibility (CSR) in order to offset corporate social irresponsibility (CSI). We find general support for the causal relationship … CSR, we find evidence of heterogeneity among industries, where the effect is stronger in industries where CSI tends to be … CSR and CSI. Within the categories of community relations, environment, and human rights--arguably among those dimensions …
Persistent link: https://www.econbiz.de/10013122028
We investigate the effect of corporate sustainability on organizational processes and performance. Using a matched sample of 180 US companies, we find that corporations that voluntarily adopted sustainability policies by 1993 - termed as High Sustainability companies - exhibit by 2009 distinct...
Persistent link: https://www.econbiz.de/10013108252
This paper develops a simple framework for understanding the emergence of new organizational forms, such as socially responsible firms and social entrepreneurs, that embody the private sector's efforts to resolve problems that typically have been within the purview of government and traditional...
Persistent link: https://www.econbiz.de/10012954434
;corporate social responsibilityquot; (CSR), particularly in the realm of environmental protection. Beyond complete compliance with …
Persistent link: https://www.econbiz.de/10012759317
We document that investors derive nonpecuniary utility from investing in dual-objective VC funds, thus sacrificing returns. Impact funds earn 4.7 percentage points (ppts) lower IRRs ex post than traditional VC funds. In random utility/willingness-to-pay (WTP) models investors accept 2.5-3.7 ppts...
Persistent link: https://www.econbiz.de/10012857728
This paper examines the effect of stringent environmental regulations on firms' environmental practices, economic performance, and environmental innovation. Reducing COD levels by 10% relative to 2005 levels is an aim of the Chinese 11th Five-Year Plan. Using a difference-in-differences...
Persistent link: https://www.econbiz.de/10012858024
We study a model in which corporate social responsibility (CSR) arises as a response to inefficient regulation. In our …, this means CSR can either increase or decrease social welfare, depending on the costs of political capture …
Persistent link: https://www.econbiz.de/10013019118