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Behavioural welfare economics provides tools to elicit welfare preferences when individuals use nonstandard behavioural models. Current proposals either require assumptions on the models or elicit preferences that become coarser and coarser as the dataset grows. We propose an informational...
Persistent link: https://www.econbiz.de/10014327658
Are opportunities making thieves? Accumulated experimental evidence shows that, when people have the opportunity to cheat, often they take it. Most of the literature on cheating opportunities forces people into a tempting situation where they face a trade-off between money and morality. In our...
Persistent link: https://www.econbiz.de/10014363820