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Who benefits from progress?
Tabarrok, Alexander - In: Kyklos : international review for social sciences 51 (1998) 3, pp. 379-397
Persistent link: https://www.econbiz.de/10001246654
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Consumer preferences, citizen preferences, and the provision of public goods
Leṿinson-Zamir, Dafnah - In: The Yale law journal 108 (1998) 2, pp. 377-406
Persistent link: https://www.econbiz.de/10001255018
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Consumer Preferences, Citizen Preferences, and the Provision of Public Goods
Lewinsohn-Zamir, Daphna - 2015
to explain this phenomenon. One theory claims that individuals hold different preferences in their consumer role than in … accepted theory assumes that individuals' most favored preference is to free ride whenever possible. Thus, a Prisoner's Dilemma … and other explanations, as well as their normative implications, and proposes an alternative theory. It rejects the claim …
Persistent link: https://www.econbiz.de/10014219707
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Two perspectives on preferences and structural transformation
Herrendorf, Berthold; Rogerson, Richard Donald; … - 2009
Persistent link: https://www.econbiz.de/10003893456
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The value preserving nature : preference uncertainty and distributional effects
Broberg, Thomas (contributor) - 2007
Persistent link: https://www.econbiz.de/10003572042
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Two perspectives on preferences and structural transformation
Herrendorf, Berthold; Rogerson, Richard Donald; … - In: The American economic review 103 (2013) 7, pp. 2752-2789
Persistent link: https://www.econbiz.de/10010246500
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Two perspectives on preferences and structural transformation
Herrendorf, Berthold; Rogerson, Richard; Valentinyi, Akos - 2011
We assess the empirical importance of income and price effects for structural transformation in the postwar US. We explain two natural approaches to the data: sectors may be categories of final expenditure or value added; e.g., the service sector may be the final expenditure on services or the value...
Persistent link: https://www.econbiz.de/10009295354
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Two Perspectives on Preferences and Structural Transformation
Herrendorf, Berthold - 2010
We ask what specification of preferences can account for the changes in the expenditure shares of broad sectors that are associated with the process of structural transformation in the U.S. since 1947. Following the tradition of the expenditure systems literature, we first calibrate utility...
Persistent link: https://www.econbiz.de/10013150554
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Two Perspectives on Preferences and Structural Transformation
Herrendorf, Berthold - 2009
We ask what specification of preferences can account for the changes in the expenditure shares of broad sectors that are associated with the process of structural transformation in the U.S. since 1947. Following the tradition of the expenditure systems literature, we first calibrate utility...
Persistent link: https://www.econbiz.de/10012463233
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You don't always get what you pay for
Schnedler, Wendelin - 2007
Consider a principal-agent relationship in which more effort by the agent raises the likelihood of success. Does rewarding success, i.e., paying a bonus, increase effort in this case? I find that bonuses have not only an incentive but also an income effect. Overall, bonuses paid for success may...
Persistent link: https://www.econbiz.de/10003592884