Showing 1 - 10 of 127
This paper analyzes the marginal willingness to pay for changes in noise levels related to changes in the volume of … the current noise level. The paper concludes with a policy discussion related to incentivebased pricing. <p> …
Persistent link: https://www.econbiz.de/10005651709
The purpose of this study is to compare value of statistical life (VSL) estimates for traffic, drowning and fire … traffic accidents. Although respondents worry more about traffic accidents, this alone cannot explain the difference in VSL …
Persistent link: https://www.econbiz.de/10005651606
Global environmental problems are often assumed to imply extensive inefficiencies since there is no global authority corresponding to the government at a national level. This paper shows, on the contrary, that rich countries in a free unregulated market may still undertake globally efficient...
Persistent link: https://www.econbiz.de/10005651775
This paper undertakes a social cost-benefit analysis regarding an increase in the number of electric vehicles in the Swedish transport sector by year 2010. Battery cars are generally found to be socially unprofitable, even though their private life-cycle costs and external costs are lower than...
Persistent link: https://www.econbiz.de/10005190942
This paper concerns optimal income taxation under asymmetric information in a two-type overlapping generations model, where people care about their relative consumption compared to others. The appearance of positional concerns affects the policy choices via two channels: (i) the size of the...
Persistent link: https://www.econbiz.de/10005423953
people’s preferences and a paternalist government that does not share the consumer preference for relative consumption … welfarist case. A remarkable result is that the optimal tax rules turn out to be very similar when people’s preferences for …
Persistent link: https://www.econbiz.de/10010961526
This paper derives Pareto efficient policy rules for the provision of national as well as global public goods in a two-country world, where each individual cares about relative consumption within as well as between countries. Furthermore, we compare these policy rules with those that follow from...
Persistent link: https://www.econbiz.de/10011019110
model where people care about their relative consumption. We consider both keeping-up-with-the-Joneses preferences (where … people compare their own current consumption with others’ current consumption) and catching-up-with-the-Joneses preferences …
Persistent link: https://www.econbiz.de/10011019117
Previous studies on public policy under relative consumption concerns have ignored the role of leisure comparisons. This paper considers a two-type optimal nonlinear income tax model where people care both about their relative consumption and their relative leisure. Increased consumption...
Persistent link: https://www.econbiz.de/10005771203
This paper concerns optimal income taxation and provision of a state-variable public good under asymmetric information in a two-type overlapping generations model, where people care about their relative consumption. Each individual may compare his/her own current consumption with his/her own...
Persistent link: https://www.econbiz.de/10005771211