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into standard labor supply theory, (i) the wage rate under-estimates (over-estimates) the true value of nonwork … differs from standard theory. We also identify conditions under which a greater nonpecuniary work incentive generates a larger …
Persistent link: https://www.econbiz.de/10010312270
How does the environment of an organization influence whether workers voluntarily provide effort? We study the power relationship between a non-profit unit (e.g. university department, NGO, health trust), where workers care about the result of their work, and a bu- reaucrat, who supplies some...
Persistent link: https://www.econbiz.de/10011422184
In this paper a method is developed to derive prices for natural goods from information about material and energy flows within ecosystems. The derivation is based on an analogy between ecological and economic systems: both systems are characterized by flows of material and energy. To derive...
Persistent link: https://www.econbiz.de/10010304525
How does the environment of an organization influence whether workers voluntarily provide effort? We study the power relationship between a non-profit unit (e.g. university department, NGO, health trust), where workers care about the result of their work, and a bureaucrat, who supplies some...
Persistent link: https://www.econbiz.de/10010274068
This chapter reviews options of labour market modelling in a CGE framework. On the labour supply side, two principal modelling options are distinguished and discussed: aggregated, representative households and microsimulation based on individual household data. On the labour demand side, we...
Persistent link: https://www.econbiz.de/10010307850
A new paradigm for transport economists has been established: revenues of a welfare-maximising road tax should be employed to reduce the level of a distortionary income tax. An essential assumption to reach this conclusion is that the number of workdays is optimally chosen, whereas daily...
Persistent link: https://www.econbiz.de/10010325895
Nonparametric techniques are usually seen as a statistic device for data description and exploration, and not as a tool for estimating models with a richer economic structure, which are often required for policy analysis. This paper presents an example where nonparametric flexibility can be...
Persistent link: https://www.econbiz.de/10010262417
A review of the basic theory of optimal open-source software contributions points to three key factors affecting supply …
Persistent link: https://www.econbiz.de/10010268441
theory we then provide a summary of empirical estimates and the methodology underlying the studies. Our conclusion is that …
Persistent link: https://www.econbiz.de/10010268568
The purpose of this paper is to introduce and adopt a generalised version of Roemer's (1998) Equality of Opportunity (EOp) framework, which we call extended EOp, for analysing second-best optimal income taxation. Unlike the pure EOp criterion of Roemer (1998) the extended EOp criterion allows...
Persistent link: https://www.econbiz.de/10010269427