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We study consumer debt relief as a tool of distributive politics and ask if debt relief can influence elections. We … can translate into political power in polities with de jure competitive elections but with de facto weak accountability. …
Persistent link: https://www.econbiz.de/10013411311
becomes more pronounced when consumption is more harmful. -- excise taxation ; voting ; self-control …
Persistent link: https://www.econbiz.de/10003850338
hurt by the use of DPD. The role of strategic consumer participation in voting is also explored. The results show that a …
Persistent link: https://www.econbiz.de/10013091618
Sellers often make explicit or implicit product claims without providing evidence. We show that such "puffery" of product attributes through pure cheap talk can be credible and help buyers make a better decision. Puffing one attribute of a product leads buyers to positively update their...
Persistent link: https://www.econbiz.de/10013065190
We study collective decisions by time-discounting individuals choosing a common consumption stream. We show that with any heterogeneity in time preferences, utilitarian aggregation necessitates a present bias. In lab experiments three quarters of `social planners' exhibited present biases, and...
Persistent link: https://www.econbiz.de/10013065273
We present a model of persuasive signalling, where a privately-informed sender selects from a class of signals with different precision to persuade a receiver to take one of two actions. The sender's information could be either favourable or unfavourable. The receiver observes both the sender's...
Persistent link: https://www.econbiz.de/10013038885
We analyse the determination of taxes on harmful goods when consumers have self-control problems. We show that under reasonable assumptions, the socially optimal corrective tax exceeds the average distortion caused by self-control problems. Further, we analyse how individuals with self-control...
Persistent link: https://www.econbiz.de/10013159702
In recent years, concerns about misinformation in the media have skyrocketed. President Donald Trump has repeatedly claimed that various news outlets are disseminating "fake news" for political purposes. But when the information contained in mainstream media news reports provides no clear clues...
Persistent link: https://www.econbiz.de/10012853778
We study the effect of noise due to exogenous information distortions in the context of Bayesianpersuasion. In particular, we ask whether more noise (a la Blackwell) is always harmful forthe information designer, i.e., the sender. We show that in general this is not the case. Weprovide a...
Persistent link: https://www.econbiz.de/10012854480
Although politicians' personal attributes are an important component of elections and representation, few studies have …
Persistent link: https://www.econbiz.de/10012855217