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subjects’ choices generate a negative externality, while in the public good experiment, the actions of the other subjects … create a positive externality. In this paper we designed an experiment which allows us to compare the level of … overcontribution of the two contexts. Our experiment shows that subjects in the positive context contribute (significantly) more to the …
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This paper examines if taking into account changes in the number of producers, or equivalently changes in the product variety space over the business cycle, helps to understand and replicate international business cycle facts. To this end, we develop a two-country model in which the economy is...
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O sector público desempenha importantes tarefas de afectação e de redistribuição de recursos na sociedade. Mas, a promoção da eficiência, da equidade e do estímulo ao crescimento e à estabilidade, são as suas grandes linhas gerais de orientação, as quais orientam-se para a...
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