Showing 1 - 10 of 228
The conflict between pro-self and pro-social behaviour is at the core of many key problems of our time, as, for example, the reduction of air pollution and the redistribution of scarce resources. For the well-being of our societies, it is thus crucial to find mechanisms to promote pro-social...
Persistent link: https://www.econbiz.de/10012900728
Different to other scientific disciplines traditional economic theory has remained remarkably silent about procedural aspects of strategic interactions. Much to the contrast, among psychologists there is by now a broad consensus that not only expected outcomes shape human behavior, but also...
Persistent link: https://www.econbiz.de/10014050010
This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent voluntary redistribution of income or wealth. The theory...
Persistent link: https://www.econbiz.de/10014023678
The paper analyzes the effects of present-biased preferences on the transfer of resources to future generations in the framework of renewable resource harvesting. The paper assumes that the current generation has other-regarding motivations for future generations, expressed through the adherence...
Persistent link: https://www.econbiz.de/10013226328
We extend the literature structurally estimating social preferences by accounting for the desire to adhere to social norms. Our representative agent is strongly motivated by norms and failing to account for this causes us to overestimate how much agents care about helping those who are worse...
Persistent link: https://www.econbiz.de/10013412658
We consider a private sector job that offers high-powered incentives and two public sector jobs that produce an identical public good, but only one of them offers opportunities for corruption. Our theoretical predictions relate occupation and effort choices, in these three jobs, to preferences...
Persistent link: https://www.econbiz.de/10013473663
Having an accurate account of preferences help governments design better policies for their citizens, organizations develop more efficient incentive schemes for their employees and adjust their product to better suit their clients' needs. The plethora of elicitation methods most commonly used...
Persistent link: https://www.econbiz.de/10014319143
In this paper, we studied the spillover effects of cooperative and competitive incentive schemes on subsequent decisions involving altruism and cooperation. We collected data with a laboratory experiment where subjects were asked to perform Mini Dictator games and a Public Good game after...
Persistent link: https://www.econbiz.de/10014255635
We consider a private sector job that offers high-powered incentives and two public sector jobs that produce an identical public good, but only one of them offers opportunities for corruption. Our theoretical predictions relate occupation and effort choices, in these three jobs, to preferences...
Persistent link: https://www.econbiz.de/10014264441
The standard method when analyzing the problem of cooperation using evolutionary game theory is to assume that people are randomly matched against each other in repeated games. In this paper we discuss the implications of allowing agents to have preferences over possible opponents. We model...
Persistent link: https://www.econbiz.de/10013208482