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We study adaptation to climate change in a federalist setting. To protect themselves against an increase in flood risk, regional governments choose among adaptation measures that vary with respect to their costs, the level of protection they offer, and the presence and nature of spillovers to...
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We compare two contest. Decentralized in which there are several independent contests with non overlapping contestants and Centralized in which all contestants fight for a unique prize which is the sum of all prizes in the small contests. We study the relationship between payoffs and efforts...
Persistent link: https://www.econbiz.de/10013019526
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Conflicting interests among governments at all levels and coal enterprises are not conducive to the implementation of China's dual-carbon strategy in the coal industry. This study provides a theoretical analysis of the stabilization strategies of governments and coal enterprises by refining...
Persistent link: https://www.econbiz.de/10014574237
Increasing inequality and associated egalitarian sentiments have again put redistribution on the political agenda. Support for redistribution may also be affected by altruistic and egalitarian preferences, but knowledge about the distribution of these preferences in the broader population and...
Persistent link: https://www.econbiz.de/10012842932
Frequently, one person's success comes at the expense of others. We contrast such zero-sum environments in which individuals' payoffs are interdependent to those where payoffs are independent. In a laboratory experiment, we study whether the resulting inequality is perceived differently and how...
Persistent link: https://www.econbiz.de/10013175708
Increasing inequality and associated egalitarian sentiments have again put redistribution on the political agenda. Other-regarding preferences may also affect support for redistribution, but knowledge about their distribution in the broader population and how they are associated with political...
Persistent link: https://www.econbiz.de/10014083850
Increasing inequality and associated egalitarian sentiments have again put redistribution on the political agenda. Other-regarding preferences may also affect support for redistribution, but knowledge about their distribution in the broader population and how they are associated with political...
Persistent link: https://www.econbiz.de/10013306855