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This dissertation addresses a basic difficulty in accommodating other-regarding preferences within existing models of decision making. Decision makers with such preferences may violate the property of stochastic dominance that is shared by both expected utility and almost any model of...
Persistent link: https://www.econbiz.de/10009439045
Experimental evidence stresses the importance of so-called social preferences for understanding economic behavior. Social preferences are defined over the entire allocation in a given economic environment, and not just over one's own consumption as is traditionally presumed. We study the...
Persistent link: https://www.econbiz.de/10009452535
Since firms in an emissions trading program are linked together through a permit market, so too are their compliance choices. Thus, enforcement strategies for trading programs must account for not only the direct effects of enforcement on compliance and emissions decisions, but also the indirect...
Persistent link: https://www.econbiz.de/10009468026
"Case-study analysis shows that long-lasting social–ecological systems have institutional arrangements regulating where, when, and how to appropriate resources instead of how much. Those cases testify to the importance of the fit between ecological and institutional dynamics. Experiments are...
Persistent link: https://www.econbiz.de/10009468313
Behavioral economics aims to provide more realistic psychological foundations for economic models. Experimental methods can contribute to this effort by providing the ability to identify causal processes and motivations that can be confounded in field settings. The essays in this dissertation...
Persistent link: https://www.econbiz.de/10009450711