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This paper analyzes the meaning of comparing the economic performance of strict liability and negligence rule in a unilateral standard accident model under Knightian uncertainty. It focuses on the cost expectation of major harm on which the injurers form beliefs. It shows first that, when the...
Persistent link: https://www.econbiz.de/10010189329
We study a dynamic model of opinion formation in social networks. In our model, boundedly rational agents update opinions by averaging over their neighbors' expressed opinions, but may misrepresent their own opinion by conforming or counter-conforming with their neighbors. We show that an...
Persistent link: https://www.econbiz.de/10010357984
In this paper I discuss how Law and Economics can benefit from incorporating some insights from Public Choice into … journals such as Public Choice, Journal of Law and Economics, and Journal of Law, Economics and Organization in comparison to …, Econometrica, or Review of Economic Studies. I also refer to the connectivity of Behavioral Law and Economics and Behavioral Public …
Persistent link: https://www.econbiz.de/10012423740
This paper studies whether conformism behavior affects individual outcomes in crime. We present a social network model of peer effects with ex-ante heterogeneous agents and show how conformism and deterrence affect criminal activities. We then bring the model to the data by using a very detailed...
Persistent link: https://www.econbiz.de/10008729273
We study the broken windows theory with a field experiment in a shared area of a workplace in academia (department … increases ceteris paribus by around 40 percent. -- Broken Windows Theory ; Field Experiment ; Littering …
Persistent link: https://www.econbiz.de/10008735713
Though reduction is at the top of the waste management hierarchy, EU policies have historically introduced waste management incentives mainly concerning waste recovery and recycling, in addition to actions aimed at reducing disposal in landfills. Only very recently have EU policies started...
Persistent link: https://www.econbiz.de/10009756301
While effective preventive measures against COVID-19 are now widely known, many individuals fail to adopt them. This paper provides experimental evidence about one potentially important driver of compliance with social distancing: social norms. We asked each of 23,000 survey respondents in...
Persistent link: https://www.econbiz.de/10012586908
We infer the role of gender identity norms from the reallocation of childcare across parents, following changes in their relative wages. By exploiting variation from a Swedish tax reform, we estimate the elasticity of substitution in parental childcare for the whole population and for...
Persistent link: https://www.econbiz.de/10012030192
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