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Equality, Equity and Incentives: An Experiment
Balafoutas, Loukas; Kocher, Martin G.; Putterman, Louis; … - Volkswirtschaftliche Fakultät, … - 2013
We study a fundamental conflict in economic decision-making, the trade-off between equality, equity and incentives, in a new experimental game that nests a voluntary contributions mechanism in a broader spectrum of incentive schemes. In a 2×2 design, we let subjects either vote on or...
Persistent link: https://www.econbiz.de/10011019394
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Equality, Equity and Incentives: An Experiment
Balafoutas, Loukas; Kocher, Martin G.; Putterman, Louis; … - Institut für Finanzwissenschaft, Fakultät für … - 2010
We devise a new experimental game by nesting a voluntary contributions mechanism in a broader spectrum of incentive schemes. With it, we study tensions between egalitarianism, equity concerns, self-interest, and the need for incentives. In a 2x2 design, subjects either vote on or exogenously...
Persistent link: https://www.econbiz.de/10008676887
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Equality, equity and incentives: An experiment
Balafoutas, Loukas; Kocher, Martin G.; Putterman, Louis; … - In: European Economic Review 60 (2013) C, pp. 32-51
We study a fundamental conflict in economic decision-making, the trade-off between equality, equity and incentives, in a new experimental game that nests a voluntary contributions mechanism in a broader spectrum of incentive schemes. In a 2×2 design, we let subjects either vote on or...
Persistent link: https://www.econbiz.de/10011048594
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Equality, equity, and incentives: An experiment
Balafoutas, Loukas; Kocher, Martin G.; Putterman, Louis; … - School of Economics, University of East Anglia - 2010
We devise a new experimental game by nesting a voluntary contributions mechanism in a broader spectrum of incentive schemes. With it, we study tensions between egalitarianism, equity concerns, self-interest, and the need for incentives. In a 2x2 design, subjects either vote on or exogenously...
Persistent link: https://www.econbiz.de/10011159141
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Party Discipline and Pork-Barrel Politics
Grossman, Gene; Helpman, Elhanan - C.E.P.R. Discussion Papers - 2005
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/10005136600
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An Experimental Test of the Public Goods Crowing Out Hypothesis when Taxation Is Endogenous
Sutter, Matthias; Weck-Hannemann, Hannelore - In: FinanzArchiv: Public Finance Analysis 60 (2004) 1, pp. 94-94
Andreoni (1993) has shown in an experimental study that crowding out is incomplete when an involuntary lump-sum tax is levied exogenously on individuals to finance the provision of a public good. In this paper, we (i) replicate Andreoni's experimental conditions, and (ii) introduce treatments...
Persistent link: https://www.econbiz.de/10005582147
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Conditional cooperation on three continents
Kocher, Martin G.; Cherry, Todd L.; Kroll, Stephan; … - Institut für Finanzwissenschaft, Fakultät für … - 2007
We show in a public goods experiment on three continents that conditional cooperation is a universal behavioral regularity. Yet, the number of conditional cooperators and the extent of conditional cooperation are much higher in the U.S.A. than anywhere else.
Persistent link: https://www.econbiz.de/10005399038
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Expanding the welfare system : a proposal for reform
Orszag, Jonathan Michael; Snower, Dennis J. - Institut für Weltwirtschaft (IfW) - 1998
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/10010955894
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Party Discipline and Pork Barrel Politics
Grossman, Gene; Helpman, Elhanan - National Bureau of Economic Research (NBER) - 2005
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/10005084615
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Security of Property as a Public Good: Institutions, Socio-Political Environment and Experimental Behavior in Five Countries
Campos-Ortiz, Francisco; Putterman, Louis; Ahn, T. K.; … - Banco de México - 2012
We study experimentally the protection of property in five widely distinct countries-Austria, Mexico, Mongolia, South Korea and the United States. Our main results are the correlations between experimental choices with indicators regarding the security of property, trust and the quality of...
Persistent link: https://www.econbiz.de/10010837050