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Provision of a public good with altruistic overlapping generations and many tribes
Karp, Larry S. - 2012
Intergenerational altruism and contemporaneous cooperation are both important to the provision of long-lived public goods. Equilibrium climate protection may depend more sensitively on either of these considerations, depending on the type of policy rule one examines. This conclusion is based on...
Persistent link: https://www.econbiz.de/10010283613
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Self-Enforcing Intergenerational Social Contract as a Source of Pareto Improvement and Pollution Mitigation
Dao, Thang; Burghaus, Kerstin; Edenhofer, Ottmar - 2016
income in pollution mitigation in exchange for a transfer to their old-age capital income paid by the next generation. We … bargaining leads to a steady state with lower pollution stock and higher income compared to the steady state without a contract … improving mitigation is no longer possible and the economy converges to a steady state with high pollution stock and low income …
Persistent link: https://www.econbiz.de/10011480479
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Notes on Habit Formation and Socially Optimal Growth
Valente, Simone - 2006
The interaction between habit formation and pollution-type ex- ternalities modifies the social optimum through discount …
Persistent link: https://www.econbiz.de/10011753113
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Regulation of morally responsible agents with motivation crowding
Fünfgelt, Joachim; Baumgärtner, Stefan - 2012
We study the regulation of a morally responsible agent in the context of a negative consumption externality and motivation crowding. In particular, we analyze how various governmental interventions affect the agent's motivation to assume moral responsibility. Employing a motivation-crowding...
Persistent link: https://www.econbiz.de/10010294483
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A Lindahl solution to international emissions trading
Nishimura, Yukihiro - 2008
We consider international negotiations on the level of global pollution, and examine the Lindahl solution which … determines the distribution of the pollution permits with unanimous agreement. We show various properties to clarify difficulties …
Persistent link: https://www.econbiz.de/10010290407
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Charity auctions for the happy few
Bos, Olivier - 2008
Recent literature has shown that all-pay auctions raise more money for charity than winner-pay auctions. We demonstrate that the first and second-price winner-pay auctions generate higher revenue than first-price all-pay auctions when bidders are sufficiently asymmetric. To prove it, we consider...
Persistent link: https://www.econbiz.de/10010264437
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Moral hazard and moral motivation: Corporate social responsibility as labor market screening
Brekke, Kjell Arne; Nyborg, Karine - 2004
Morally motivated individuals behave more cooperatively than predicted by standard theory. Hence,if a firm can attract …
Persistent link: https://www.econbiz.de/10010284379
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I don't want to hear about it: Rational ignorance among duty-orientd consumers
Nyborg, Karine - 2008
Individuals with a preference for keeping moral obligations may dislike learning that voluntary contributions are socially valuable: Such information can trigger unpleasant feelings of cognitive dissonance. I show that if initial beliefs about the social value of contributions are sufficiently...
Persistent link: https://www.econbiz.de/10010285608
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The poverty of growth with interdependent utility functions
Komlos, John; Salamon, Peter - 2005
We argue that with interdependent utility functions growth can lead to a decline in total welfare of a society if the gains from growth are sufficiently unequally distributed in the presence of negative externalities, i.e., envy.
Persistent link: https://www.econbiz.de/10010261195
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Are the Japanese selfish, altruistic, or dynastic?
Horioka, Charles Yuji - 2001
In this paper, I analyze a variety of evidence for Japan and, where available, for the United States on bequest practices, on the importance and nature of bequest motives, on bequest division, on the willingness of individuals to help others, etc., in order to shed light on which model of...
Persistent link: https://www.econbiz.de/10010332384