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Bequests, control rights, and cost-benefit analysis

Glazer, Amihai; Kanniainen, Vesa; Niskanen, Esko - 2001

Consider a public project which produces a consumption good and which benefits future generations. Let a conventional cost-benefit analysis find that it gives higher benefits than projects it would dis-place in the private sector. Voters may nevertheless oppose the public project: the...

Persistent link: https://www.econbiz.de/10011400766

Toward a Political Economy of Cost-Benefit Analysis

Cole, Daniel H. - 2012

This is a substantially revised, refocused, and updated version of an earlier draft paper, exploring the significant role Cost-Benefit Analysis (CBA) plays in facilitating or impeding legislative and regulatory policy decisions. The paper centers around three case studies of CBAs EPA prepared...

Persistent link: https://www.econbiz.de/10013113617

Motives of pro-social behavior in individual versus collective decisions : a comparative experimental study

Bischoff, Ivo; Krauskopf, Thomas - 2013 - This version: March 18, 2013

We investigate the motives of pro-social behavior in collective decisions in an economic experiment. It compares … endowment and have to decide how much of it to donate to charity. The experiment is combined with two long questionnaires that … the control variables are found significant. Comparing subjects' affective state before and after the experiment, we find …

Persistent link: https://www.econbiz.de/10009722766

Bequests, Control Rights, and Cost-Benefit Analysis

Glazer, Amihai; Kanniainen, Vesa; Niskanen, Esko - 2021

Consider a public project which produces a consumption good and which benefits future generations. Let a conventional cost-benefit analysis find that it gives higher benefits than projects it would displace in the private sector. Voters may nevertheless oppose the public project: the combination...

Persistent link: https://www.econbiz.de/10013320770

Fairness views and political preferences : evidence from a representative sample

Müller, Daniel; Renes, Sander - 2019

We elicit distributional fairness ideals of impartial spectators using an incentivized elicitation in a large and heterogeneous sample of the German population. We document several empirical facts: i) egalitarianism is the predominant ideal; ii) females are more egalitarian than men; iii) men...

Persistent link: https://www.econbiz.de/10012008999

Is there a dividend of democracy? : experimental evidence from cooperation games

Markussen, Thomas; Tyran, Jean-Robert - 2023

Do democratically chosen rules lead to more cooperation and, hence, higher efficiency, than imposed rules? To discuss when such a "dividend of democracy" obtains, we review experimental studies in which material incentives remain stacked against cooperation (i.e., free-riding incentives prevail)...

Persistent link: https://www.econbiz.de/10014334071

Does citizen participation in budget allocation pay? : a survey experiment on political trust and participatory governance

Ardanaz, Martin; Otálvaro-Ramírez, Susana; … - 2022

the context of a survey experiment in the city of Buenos Aires, Argentina. Results show that providing detailed …

Persistent link: https://www.econbiz.de/10014495980

Collective choice with heterogeneous time preferences

Pakhnin, Mikhail - 2021

This paper reviews recent research on the aggregation of heterogeneous time preferences. Main results are illustrated in simple Ramsey models with two or three agents who differ in their discount factors. We employ an intertemporal view on these models and argue that preferences of a decision...

Persistent link: https://www.econbiz.de/10012546897

Collective Choice with Heterogeneous Time Preferences

Pakhnin, Mikhail - 2021

Persistent link: https://www.econbiz.de/10013222212

Institution formation and cooperation with heterogeneous agents

Kube, Sebastian; Schaube, Sebastian; … - 2014

Driven by an ever-growing number of studies that explore the effectiveness of institutional mechanisms meant to mitigate cooperation problems, recent years have seen an increasing interest in the endogenous implementation of these institutions. In this paper, we test within a unified framework...

Persistent link: https://www.econbiz.de/10010414346

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