Showing 1 - 10 of 76
We study fiscal spending by supranational unions, where participation is voluntary and countries bargain over contributions to and the allocation of a central budget. We establish and explore the link between the budget's allocation and nations' contributions that occurs since bargaining power...
Persistent link: https://www.econbiz.de/10013370100
Do mandatory spending programs such as Medicare improve efficiency? We analyze a model with two parties allocating a fixed budget to a public good and private transfers each period over an infinite horizon. We compare two institutions that differ in whether public good spending is discretionary...
Persistent link: https://www.econbiz.de/10010397775
Do mandatory spending programs such as Medicare improve efficiency? We analyze a model with two parties allocating a fixed budget to a public good and private transfers each period over an infinite horizon. We compare two institutions that differ in whether public good spending is discretionary...
Persistent link: https://www.econbiz.de/10010500227
Traditionally, economists make a sharp distinction between stated and revealed preferences, viewing the latter as more fully meeting the assumptions of economic analysis. Here, we consider one form of empirical evidence regarding this belief: the consistency of choices in stated and revealed...
Persistent link: https://www.econbiz.de/10010315548
This paper examines the role of simplified heuristics in the formation of preferences for public goods. Political scientists have suggested that voters use simplified heuristics based on the positions of familiar parties to infer how a proposed policy will affect them and to cast a vote in line...
Persistent link: https://www.econbiz.de/10010315585
In November 2005, 55.7 percent of 2 million Swiss voters approved a 5-year moratorium (ban) on the commercial cultivation of genetically modified (GM) plants within Switzerland. The present study examines how individual voting decisions were determined by (i) socioeconomic characteristics, (ii)...
Persistent link: https://www.econbiz.de/10010315609
We introduce reward money into the provision point mechanism with refunds. Reward money is distributed among the contributors in proportion to their contributions only when the provision point is not reached. In environments without aggregate uncertainty, the provision point is always reached in...
Persistent link: https://www.econbiz.de/10010316819
This study examines the integration of climate change and biodiversity into business strategies and governance … business strategies, and are ahead in the process of integrating it into governance structures. Biodiversity integration is … that firms require external pressures from, e.g., regulations to integrate biodiversity and climate change into business …
Persistent link: https://www.econbiz.de/10014551800
Persistent link: https://www.econbiz.de/10011807543
for regime shift in a dynamic economy-environment system. Following Holling (1973),we consider resilience as the maximal …
Persistent link: https://www.econbiz.de/10010321419