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Urban Sprawl and Social Capital : Evidence from Indonesian Cities

Civelli, Andrea; Gaduh, Arya; Rothenberg, Alexander D.; … - National Bureau of Economic Research - 2022

We use detailed data from Indonesian cities to study how variation in density within urban areas affects social capital. For identification, we instrument density with soil characteristics, and control for community averages of observed characteristics. Under plausible assumptions, these...

Persistent link: https://www.econbiz.de/10013210096

Dynamic Collective Action and the Power of Large Numbers

Battaglini, Marco; Palfrey, Thomas R. - National Bureau of Economic Research - 2024

Collective action is a dynamic process where individuals in a group assess over time the benefits and costs of participating toward the success of a collective goal. Early participation improves the expectation of success and thus stimulates the subsequent participation of other individuals who...

Persistent link: https://www.econbiz.de/10014544751

Ideas Mobilize People : The Diffusion of Communist Ideology in China

Bai, Ying; Jia, Ruixue; Wang, Runnan - National Bureau of Economic Research - 2023

Can ideas mobilize people into collective action? We provide a positive answer to this question by studying how exposure to the Communist ideology shaped an individual's choice to join the Chinese Communist Party (CCP) during the party's formative stage. The individuals we focus on are cadets at...

Persistent link: https://www.econbiz.de/10014226144

Organizing for Collective Action : Olson Revisited

Battaglini, Marco; Palfrey, Thomas R. - National Bureau of Economic Research - 2023

We study a standard collective action problem in which successful achievement of a group interest requires costly participation by some fraction of its members. How should we model the internal organization of these groups when there is asymmetric information about the preferences of their...

Persistent link: https://www.econbiz.de/10014226188

Restrict the Middleman? : Quantitative Models of PBM Regulations and Their Consequences

Mulligan, Casey B. - National Bureau of Economic Research - 2023

This paper provides the first quantitative economic models of pharmacy benefit management regulation. The price-theoretic models allow for various market frictions and imperfections including market power, coordination costs, tax distortions, and incomplete innovation incentives. A rigorous...

Persistent link: https://www.econbiz.de/10014247918

Beyond Pigou : Externalities and Civil Society in the Supply-Demand Framework

Mulligan, Casey B. - National Bureau of Economic Research - 2023

The extent of voluntary cooperation in the presence of externalities is shown as an equilibrium outcome in the supply and demand framework. The analysis uses familiar ingredients to provide a new way of understanding the results of the extensive literature beginning with Buchanan, Coase, Ostrom,...

Persistent link: https://www.econbiz.de/10014248013

The Value of Pharmacy Benefit Management

Mulligan, Casey B. - National Bureau of Economic Research - 2022

In theory, equilibrium profits for drug patent holders would not involve significant restraints on production and patient utilization if the market had a mechanism for two-part pricing (Oi 1971) or quantity commitments (Murphy, Snyder, and Topel 2014). In fact, patent expiration has little...

Persistent link: https://www.econbiz.de/10013334448

Ending Pay for PBM Performance : Consequences for Prescription Drug Prices, Utilization, and Government Spending

Mulligan, Casey B. - National Bureau of Economic Research - 2023

Proposed "delinking" legislation would prohibit Pharmacy Benefit Managers (PBMs) from being remunerated based on the rebates and discounts they negotiate for drug insurance plans serving Medicare beneficiaries. This policy would significantly change drug pricing and utilization and shift...

Persistent link: https://www.econbiz.de/10014372424

Technological Synergies, Heterogeneous Firms, and Idiosyncratic Volatility

Fernández-Villaverde, Jesús; Yu, Yang; Zanetti, Francesco - National Bureau of Economic Research - 2024

This paper shows the importance of technological synergies among heterogeneous firms for aggregate fluctuations. First, we document six novel empirical facts using microdata that suggest the existence of important technological synergies between trading firms, the presence of positive...

Persistent link: https://www.econbiz.de/10014512101

Bargaining with Altruism

Pollak, Robert A. - National Bureau of Economic Research - 2022

Despite extensive use of bargaining models in economics and despite Becker's insistence on the importance of altruism … in families, the theoretical literature on bargaining ignores altruism and assumes that everyone is an egoist. This paper … shows that incorporating altruism into cooperative bargaining models shrinks the set potential cooperative bargaining …

Persistent link: https://www.econbiz.de/10013388855

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