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inequality averse social welfare function and the agents’ market ability is private information. The analysis points out that the …
Persistent link: https://www.econbiz.de/10003823276
We develop and test a model of social comparison in which individuals gain status through pro-social behavior (competitive altruism) and in which they endogenously choose the reference group and associated reference standard involved in signaling status (reference group selection). In our...
Persistent link: https://www.econbiz.de/10009698122
This paper analyzes the effects of non-atmospheric consumption externalities on optimal commodity taxation and on the social cost and optimal levels of public good provision. A negative consumption externality, by lowering the social cost of public good provision, may require the second-best...
Persistent link: https://www.econbiz.de/10014175351
conclusions concerning economic policy in different areas. -- economic welfare ; inequity aversion ; fairness concepts … findings of selected fairness models which include social preferences change when equity aversionʺ is integrated into the … sich die Eigenschaften, Zielfunktionen und Ergebnisse von ausgewählten Fairness-Modellen mit sozialen Präferenzen bei …
Persistent link: https://www.econbiz.de/10003862968
We conduct a survey with 264 participants to test for relative consumption effects of national and local public goods as well as private goods. In contrast to previous results, we find that relative consumption effects are more pronounced for private goods than for public goods. Our second...
Persistent link: https://www.econbiz.de/10008990898
We conduct a classroom survey to investigate the willingness to sacrifice consumption in absolute terms in order to ascend above others in terms of consumption levels. In contrast to other studies using survey methodologies, participants are divided into a treatment and a control group. This...
Persistent link: https://www.econbiz.de/10009633866
This paper analyzes the impact of consumption externalities on the quot;Pigouvian ranking,'quot; according to which the second-best level of public good provision is smaller than the first-best level. Consumption externalities introduce exceptions to the Pigouvian ranking. Two necessary and...
Persistent link: https://www.econbiz.de/10012724464
This paper analyzes the effects of consumption externalities on optimal taxation and on the social cost and optimal levels of public good provision. If public and private goods are Hicksian complements and no lump sum taxes are available, the second-best level of public good provision can exceed...
Persistent link: https://www.econbiz.de/10013146879
Persistent link: https://www.econbiz.de/10009701993
This paper explored the determinants of survival in a life and death situation created by an external and unpredictable shock. We are interested to see whether pro-social behaviour matters in such extreme situations. We therefore focus on the sinking of the RMS Titanic as a quasi-natural...
Persistent link: https://www.econbiz.de/10003771813