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This paper develops a dynamic model consisting of two regions (North and South), in which the accumulation of human capital is negatively influenced by the global stock of pollution. By characterizing the equilibrium strategy of each region, we show that the regions' best responses can be...
Persistent link: https://www.econbiz.de/10011256464
relevant information; on the role played by probing into candidates' past; and on the possibility of crowding out desirable …
Persistent link: https://www.econbiz.de/10011255916
political process and the production of policy relevant information; on the role played by probing into candidates' past; and on …
Persistent link: https://www.econbiz.de/10005137020
This paper presents an approach for the estimation of welfare effects of tax policy changes under heterogeneity in consumer preferences. The approach is applied to evaluate the welfare effects of current tax advantages for electric vehicles supplied as fringe benefits by employers. Drawing on...
Persistent link: https://www.econbiz.de/10011261920
Climate skeptics argue that the possibility that global warming is exogenous implies that we should not take additional action towards reducing greenhouse gas emissions until we know more. However this paper shows that even climate skeptics have an incentive to reduce emissions: such a change of...
Persistent link: https://www.econbiz.de/10011257293
We identify the conditions under which voters can induce political parties to collect information and to select … voting rule should encourage parties to collect information. Voting rules that focus on the opposition party sometimes … information. However, in contrast to office motivated parties, policy motivated parties will sometimes select policies that …
Persistent link: https://www.econbiz.de/10005016251
Collective decision procedures should balance the incentives they provide to acquire information and their capacity to … aggregate private information. In a decision problem in which a project can be accepted or rejected once information about its … the other agent's vote. This in turn determines the decision to acquire information. In the debate about a rational choice …
Persistent link: https://www.econbiz.de/10005137291
conditions under which voters can induce political parties to collect information and to select policies which are optimal from … parties to collect information. Voting rules that focus on the opposition party sometimes dominate voting rules that focus on …, it is easier to stimulate policy motivated parties than office motivated parties to collect information. However, in …
Persistent link: https://www.econbiz.de/10011256947
Collective decision procedures should balance the incentives they provide toacquire information and their capacity to … aggregate private information. In a decisionproblem in which a project can be accepted or rejected once information about its … the other agent's vote.This in turn determines the decision to acquire information. In the debate about a rationalchoice …
Persistent link: https://www.econbiz.de/10011257239
retirement savings contributions and information search processes. We combine ideas from the literature in psychology and … has both indirect and direct effects on savings information search. In particular, uncertainty indirectly affects savings … information search because it impacts individuals' intentions to save, which consequently forces individuals to engage in purchase …
Persistent link: https://www.econbiz.de/10011257076