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This study analyzes the stability of preferences through the lens of psychological motives. We report the results of a public goods experiment in which subjects were induced with the motives of Care and Anger through autobiographical recall. Subjects' preferences, beliefs, and perceptions under...
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The authors identify three challenges to global cooperation and propose three solutions. The first is the lack of integration of civil society into global governance. In the spirit of Ostrom's poly-centric governance, they propose stronger interaction between public international authorities,...
Persistent link: https://www.econbiz.de/10011751896
The proposal involves the establishment of 'welfare accounts' for every person in a country. There are to be four … of the current welfare state systems - where welfare services are financed predominantly out of general taxes - people … would make ongoing, mandatory contributions to each of these welfare accounts. The balances in these accounts would cover …
Persistent link: https://www.econbiz.de/10010313982
We study budget formation in a model featuring separation of powers. In our model,the legislature designs a budget bill that can include a cap on total spending and ear-marked allocations to designated public projects. Each project provides random benefits to one of many interest groups. The...
Persistent link: https://www.econbiz.de/10012717526
Polities differ in the extent to which political parties can pre-commit to carry out promised policy actions if they take power. Commitment problems may arise due to a divergence between the ex ante incentives facing national parties that seek to capture control of the legislature and the ex...
Persistent link: https://www.econbiz.de/10014063934
This paper models the welfare consequences of social fragmentation arising from technological advance. We start from … social welfare from material prosperity. Once the share of status goods in total production exceeds a crucial threshold …, technological advance is shown to be welfare-reducing …
Persistent link: https://www.econbiz.de/10013250768
This paper models the welfare consequences of social fragmentation arising from technological advance. We start from … social welfare from material prosperity. Once the share of status goods in total production exceeds a crucial threshold …, technological advance is shown to be welfare-reducing. …
Persistent link: https://www.econbiz.de/10012418627
This paper models the welfare consequences of social fragmentation arising from technological advance. We start from … social welfare from material prosperity. Once the share of status goods in total production exceeds a crucial threshold …, technological advance is shown to be welfare-reducing. …
Persistent link: https://www.econbiz.de/10012422737