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punishment at age 18, mandated by law, has a deterrent effect on arrests. No deterrent effect was found on index, violent or … property crimes, but a deterrence effect was found on non-index crimes, specifically those related to drug consumption and … immediately after reaching 18 implies future differences in human capital formation. These results suggest a specific deterrence …
Persistent link: https://www.econbiz.de/10010244876
Persistent link: https://www.econbiz.de/10012102477
In this paper we show how the Kolm triangle method, which is a standard tool for visualizing allocations in a public good economy, can also be used to provide a diagrammatical exposition of matching mechanisms and their effects on public good supply and welfare. In particular, we describe, on...
Persistent link: https://www.econbiz.de/10012016875
with at least one black member. Using the Anwar-Fang rank order test, we find strong statistical evidence of discrimination …
Persistent link: https://www.econbiz.de/10008665132
This paper uses a natural policy experiment to estimate how changes in the costs of engaging in criminal activity may … in the severity of judicial punishment imposed on Colombian adolescents, crime rates in Colombian municipalities …
Persistent link: https://www.econbiz.de/10010244164
We model a bipartite network in which links connect agents with public goods. Agents play a voluntary contribution game in which they decide how much to contribute to each public good they are connected to. We show that the problem of finding a Nash equilibrium can be posed as a non-linear...
Persistent link: https://www.econbiz.de/10011283197
We propose a theory studying temptation in presence of both externally and internally sanctioned prohibitions. Moral values that (internally) sanction prohibited actions and their desire may increase utility by reducing self-control costs, thereby serving as partial commitment devices. We apply...
Persistent link: https://www.econbiz.de/10008729430
This paper analyzes the private provision of public goods where consumers interact within a fixed network structure and may benefit only from their direct neighbors' provisions. We present a proof for existence and uniqueness of a Nash equilibrium with general best-reply functions. Our...
Persistent link: https://www.econbiz.de/10009501125
Despite a widespread interest in the warm glow model [Andreoni (1989,1990)], surprisingly most attention focused on the voluntary contribution equilibrium of the model, and only very little attention has been devoted to the competitive equilibrium. In this paper, we introduce the notion of...
Persistent link: https://www.econbiz.de/10003827909
This paper analyzes the private provision of public goods where consumers interact within a fixed network structure and may benefit only from their direct neighbors’ provisions. We present a proof for existence and uniqueness of a Nash equilibrium with general best-reply functions. Our...
Persistent link: https://www.econbiz.de/10009539253