Showing 1 - 10 of 108
The market for voluntary carbon offsets has grown steadily in the last decade, yet it remains a very small niche. Most emissions from business travel are still not offset. This paper exploits a unique dataset examining the decision to purchase carbon offsets at two academic conferences in...
Persistent link: https://www.econbiz.de/10011487773
We present a model which considers both regulatory burden of offshoring barriers and possible terms of trade gains from such barriers. Non-tariff barriers are shown to be unambiguously welfare-reducing, and tariff barriers raise welfare only when associated terms-of-trade gains exceed resulting...
Persistent link: https://www.econbiz.de/10011782962
We make the case that psychologists should make wider use of econometric methods for the estimation of structural models. These methods involve the development of maximum likelihood estimates of models, where the likelihood function is tailored to the structural model. In recent years these...
Persistent link: https://www.econbiz.de/10012142358
Experimental data exhibit considerable individual heterogeneity. We review the econometric methods employed to characterize that heterogeneity. We pay particular attention to the trade-off between collecting and allowing for observable characteristics, such as the familiar demographics, and the...
Persistent link: https://www.econbiz.de/10012142360
It is intuitive that decision-makers might have attitudes towards uncertainty just as they might have attitudes towards risk. However, it is only recently that this intuitive notion has been formalized and axiomatically characterized. We estimate the extent of uncertainty aversion in a manner...
Persistent link: https://www.econbiz.de/10012142361
-curve empirical framework to investigate how financial development, globalisation and technology affect income inequality. Our …. As such, depending on whether a certain threshold value is achieved, the same determinants of income distribution can …
Persistent link: https://www.econbiz.de/10012317667
We study identification of preferences in static single-agent discrete choice models where decision makers may be imperfectly informed about the state of the world. We leverage the notion of one-player Bayes Correlated Equilibrium by Bergemann and Morris (2016) to provide a tractable...
Persistent link: https://www.econbiz.de/10014309143
We examine whether spillovers of pro-social behavior depend on how behavioral changes are induced. We conduct a large experiment using economic games, with a Dictator Game (DG) followed by either an identical game or a Prisoner’s Dilemma (PD). We influence initial behavior through widely used...
Persistent link: https://www.econbiz.de/10011438987
We use British panel data to explore the exogenous impact of income on a number of individual health outcomes: general … us to make causal statements regarding the effect of income on health, as the amount won is largely exogenous. These … positive income shocks have no significant effect on general health, but a large positive effect on mental health. This result …
Persistent link: https://www.econbiz.de/10008824515
The analysis and measurement of poverty is a crucial and unsolved issue in the field of social science. This work aims to measure poverty as a multidimensional notion using a new composite indicator. However, subjective choices as different weighting schemes on the indicator's construction could...
Persistent link: https://www.econbiz.de/10012609381