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, appropriation leads to deterministic degradation in the value of the commons. In the second game, appropriation leads to both … conserving the commons. The experimental design abstracts away from path-dependent group dynamics that allow for reputation … due to expected losses in the value of the commons. …
Persistent link: https://www.econbiz.de/10010839601
allocating the resource to providers. Three allocation mechanisms are investigated: “allocator,” “tremble,” and “egalitarian …
Persistent link: https://www.econbiz.de/10011048195
In this paper, I examine how the two dimensions of income inequality and ethnic diversity affect the formation of political coalitions and the reallocation of income. I construct a legislative bargaining model to analyze when coalitions form along the income dimension and when it forms along the...
Persistent link: https://www.econbiz.de/10010931437
This study examines appropriation decisions in a linear appropriation game setting with variations in the resource damage from appropriation and simultaneous variations in the resource damage and the opportunity cost of conservation, where the ratio of these two variables is held constant. In...
Persistent link: https://www.econbiz.de/10010839591
smaller than predicted by theory. In comparison to the deterministic benchmark, individuals take higher loss avoidance levels …
Persistent link: https://www.econbiz.de/10008520555
Benefit incidence analysis is an extremely popular tool to assess the distribution of benefits from government expenditure in developing countries, particularly in the social sectors. The analysis describes the welfare impact of public spending on groups of people or households, typically along...
Persistent link: https://www.econbiz.de/10010839398
This paper studies the distributional and the growth effects of public investment in a simple growth model with incomplete market where both growth and inequality are endogenously determined. Taxation lowers growth through distorting private investment, whereas public investment stimulates long...
Persistent link: https://www.econbiz.de/10011123954
This paper analyzes if neighborhood income inequality has an effect on informal regulation of environmental quality, using census tract-level data on industrial air pollution exposure from EPA’s Risk Screening Environmental Indicators and income and demographic variables from the American...
Persistent link: https://www.econbiz.de/10011071629
The role of social background for educational choices and outcomes is considered in an overlapping generations setting. It is shown that the impediments for education created by social factors are similar to a market imperfection, and publicly provided education may lead to a Pareto improvement....
Persistent link: https://www.econbiz.de/10011186621
Growing number of studies accentuated enigmas in PDS system, many of them provided evidences based on National Sample Survey (NSS) and other official statistics, more particularly by major states. Many of them also highlighted theoretical and operational difficulties in existing policy...
Persistent link: https://www.econbiz.de/10011107662