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Shedding light on the appropriateness of the (high) gasoline tax level in Germany

Tscharaktschiew, Stefan - In: Economics of Transportation 3 (2014) 3, pp. 189-210

Germany imposes an energy tax of 0.65€/l on gasoline which is one of the highest tax rates across countries. The effective tax is even higher when accounting for the consumption tax levied on top of the energy tax. Answers to the question whether such a high tax level is justified on...

Persistent link: https://www.econbiz.de/10011117270

U.S. Fiscal Policies and Priorities for Long-Run Sustainability

Mühleisen, Martin; Towe, Christopher M. - International Monetary Fund (IMF) - 2004

This paper presents an overview of recent U.S. fiscal developments and discusses possible implications of the sharp turn around in the governmentâ€™s fiscal position. Against this back ground, it also reviews key policy challenges that will need to be addressed to cope with the mounting...

Persistent link: https://www.econbiz.de/10005824863

Time Consistency: Stationarity and Time Invariance

Halevy, Yoram - Vancouver School of Economics - 2012

the view that present-bias preferences are the main source of time inconsistent choices. …

Persistent link: https://www.econbiz.de/10010959378

Anticipations and Endogenous Present Bias

Galperti, Simone; Strulovici, Bruno - Center for Mathematical Studies in Economics and … - 2015

Persistent link: https://www.econbiz.de/10011212085

Time preferences and the management of coral reef fisheries

Johnson, Ayana Elizabeth; Saunders, Daniel Kaiser - In: Ecological Economics 100 (2014) C, pp. 130-139

health, and preferred marine resource management approaches. We use a βδ-model to identify discounting and present bias … divers had similar distributions of IDFs and present bias; overall 66% of interviewees were non-biased, 22% future …-biased, and 12% present-biased. IDFs and present bias were able to predict management preferences after controlling for …

Persistent link: https://www.econbiz.de/10011043721

Which measures of time preference best predict outcomes: Evidence from a large-scale field experiment

Burks, Stephen; Carpenter, Jeffrey; Götte, Lorenz; … - In: Journal of Economic Behavior & Organization 84 (2012) 1, pp. 308-320

forced to compete head-to-head. Our results suggest that the now familiar (β, δ) formulation of present bias and exponential … discounting predicts best, especially when both parameters are used. …

Persistent link: https://www.econbiz.de/10011048090

An extension of quasi-hyperbolic discounting to continuous time

Pan, Jinrui; Webb, Craig S.; Zank, Horst - In: Games and Economic Behavior 89 (2015) C, pp. 43-55

Two-Stage Exponential (TSE) discounting, the model developed here, generalises exponential discounting in a … parsimonious way. It can be seen as an extension of Quasi-Hyperbolic discounting to continuous time. A TSE discounter has a … calendar time, TSE discounting captures time consistent behaviour. If it is expressed in waiting time, TSE discounting captures …

Persistent link: https://www.econbiz.de/10011190615