Showing 1 - 10 of 1,651
In the presence of (at least locally) increasing returns to scale tech- nologies, the paper asks the question: does there exist an economic system which implements Pareto efficient allocations and respects the voluntary participation principle? To answer this question, the paper formulates an...
Persistent link: https://www.econbiz.de/10012388910
In many organizations, decisions are taken by unanimity giving each member veto power. We analyze a model of an organization in which members with heterogenous productivity privately contribute to a common good. Under unanimity, the least efficient member imposes her preferred effort choice on...
Persistent link: https://www.econbiz.de/10010320979
This paper develops a lobbying-by-firms model that draws on a more realistic characterization of the lobbying process …, modeling approach furnishes theoretical support for why one encounters different numbers of lobbying firms of varying sizes in …) casting out the role of money from the lobbying process. Theoretical legs are also furnished for the empirical finding of a …
Persistent link: https://www.econbiz.de/10010330078
This paper introduces an alternative to the lobbying literature's standard assumption that money buys policies. Our … much stronger lobbying incentives weaken the free-rider problem and raise incentives for lobby formation. Third, the model … yields testable hypotheses on: the determinants of lobbying incentives; the number of lobbying firms in an industry; and the …
Persistent link: https://www.econbiz.de/10010308242
Despite a rich literature studying the impact of inequality on policy outcomes, there has been limited effort to bring these insights into the debates about comparative support for government responses to the COVID-19 pandemic. We fill in this gap by analyzing rich survey data from six countries...
Persistent link: https://www.econbiz.de/10012302188
Despite a rich literature studying the impact of inequality on policy outcomes, there has been limited effort to bring these insights into the debates about comparative support for government responses to the COVID-19 pandemic. We fill in this gap by analyzing rich survey data from six countries...
Persistent link: https://www.econbiz.de/10012322615
This paper studies how wealth and health inequalities have interacted with the Covid-19 epidemic in a way that has reinforced inequalities in income, savings, epidemic risk and even individual preventive behaviors. We present in more detail two papers and their theoretical and empirical results....
Persistent link: https://www.econbiz.de/10013351935
There is hardly any study on learning inequalities during the COVID-19 pandemic in a low-income, multi-country context. Analyzing 34 longitudinal household and phone survey rounds from Burkina Faso, Ethiopia, Malawi, Mali, Nigeria, Tanzania, and Uganda, we find that while countries exhibit...
Persistent link: https://www.econbiz.de/10013427618
There is hardly any study on learning inequalities during the COVID-19 pandemic in a low-income, multi-country context. Analyzing 34 longitudinal household and phone survey rounds from Burkina Faso, Ethiopia, Malawi, Mali, Nigeria, Tanzania, and Uganda, we find that while countries exhibit...
Persistent link: https://www.econbiz.de/10013470447
We review the vast literature on social preferences by assessing what is known about their fundamental properties, their distribution in the broader population, and their consequences for important economic and political behaviors. We provide, in particular, an overview of the empirically...
Persistent link: https://www.econbiz.de/10014377103