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The Simple Economics of Salience and Taxation

Chetty, Raj - 2009

specification of a positive theory for why agents fail to optimize with respect to tax policies …

Persistent link: https://www.econbiz.de/10012463403

Nocke, Volker - 2008

We analyze the optimal dynamic policy of an antitrust authority towards horizontal mergers when merger proposals are … potential future mergers, the characteristics of which may not yet be known to the antitrust authority. We show that, in many … cases, this apparently difficult problem has a simple resolution: an antitrust authority can maximize discounted consumer …

Persistent link: https://www.econbiz.de/10012464121

Evaluating Welfare with Nonlinear Prices

Reiss, Peter C. - 2006

This paper examines how to evaluate consumer welfare when consumers face nonlinear prices. This problem arises in many settings, such as devising optimal pricing strategies for firms, assessing how price discrimination affects consumers, and evaluating the efficiency costs of many transfer...

Persistent link: https://www.econbiz.de/10012466295

Fiscal Rules in India : Are They Effective?

Buiter, Willem H. - 2010

This paper, a chapter in the forthcoming Oxford University Press Handbook of the Indian Economy, edited by Chetan Ghate, considers India's experience with fiscal (responsibility) rules during the past decade. After reviewing the basic facts concerning public debt and deficits in India, the...

Persistent link: https://www.econbiz.de/10012462717

Valuing Consumer Products by the Time Spent Using Them : An Application to the Internet

Goolsbee, Austan - 2006

use and the opportunity cost of people's time (i.e., the wage). The theory predicts that higher wage internet subscribers …

Persistent link: https://www.econbiz.de/10012466675

The Social Determinants of Choice Quality : Evidence from Health Insurance in the Netherlands

Handel, Benjamin R. - 2020

Market provision of impure public goods such as insurance retirement savings and education is common and growing as policy makers seek to offer more choice and gain efficiencies. This approach induces an important trade-off between improved surplus from matching individuals to products and...

Persistent link: https://www.econbiz.de/10012481088

The Welfare Effects of Social Media

Allcott, Hunt - 2019

The rise of social media has provoked both optimism about potential societal benefits and concern about harms such as addiction, depression, and political polarization. In a randomized experiment, we find that deactivating Facebook for the four weeks before the 2018 US midterm election (i)...

Persistent link: https://www.econbiz.de/10012479470

Measuring the Welfare Gain from Personal Computers : A Macroeconomic Approach

Greenwood, Jeremy - 2007

The welfare gain to consumers from the introduction of personal computers is estimated here. A simple model of consumer demand is formulated that uses a slightly modified version of standard preferences. The modification permits marginal utility, and hence total utility, to be finite when the...

Persistent link: https://www.econbiz.de/10012465054

House Prices and Consumer Welfare

Bajari, Patrick - 2003

We develop a new approach to measuring changes in consumer welfare due to changes in the price of owner-occupied housing. In our approach, an agent's welfare adjustment is defined as the transfer required to keep expected discounted utility constant given a change in current home prices. We...

Persistent link: https://www.econbiz.de/10012468915

Price Elasticities of Pharmaceuticals in a Value-Based-Formulary Setting

Yeung, Kai - 2016

Ever since the seminal RAND Health insurance experiment (HIE) was conducted, most health care services, including pharmaceuticals, are deemed to be price inelastic with price elasticities of demand (PED) close to -0.20. However, most studies of PED exploit natural experiments that change demand...

Persistent link: https://www.econbiz.de/10012456367

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