Showing 1 - 10 of 23,849
Within a general equilibrium model, this paper identifies a novel animal welfare externality that occurs if the private animal friendliness in a market economy falls short of the social animal friendliness used by the social planner when determining the efficient allocation. The animal welfare...
Persistent link: https://www.econbiz.de/10013472429
form self-serving beliefs about the suffering of animals caused by meat consumption in order to alleviate the guilt … demand for meat, and a causal effect of prices and aggregate consumption on individual beliefs. …Many individuals have empathetic feelings towards animals but frequently consume meat. We investigate this "meat …
Persistent link: https://www.econbiz.de/10012034136
estimate a linear panel AR(1) version of an Engel curve for six consumption composites using iterated GMM. We find that the …
Persistent link: https://www.econbiz.de/10012104758
This paper extends the Baltagi et al. (2018, 2021) static and dynamic ?-contamination papers to dynamic space-time models. We investigate the robustness of Bayesian panel data models to possible misspecification of the prior distribution. The proposed robust Bayesian approach departs from the...
Persistent link: https://www.econbiz.de/10014264204
This paper reviews recent developments in nonparametric identi.cation of mea- surement error models and their applications in applied microeconomics, in particular, in empirical industrial organization and labor economics. Measurement error models describe mappings from a latent distribution to...
Persistent link: https://www.econbiz.de/10010469057
This paper reviews recent developments in nonparametric identification of measurement error models and their applications in applied microeconomics, in particular, in empirical industrial organization and labor economics. Measurement error models describe mappings from a latent distribution to...
Persistent link: https://www.econbiz.de/10013029599
This paper reviews some of the economic experimental evidence on conformism. There is nothing to match the early psychology experiments where subjects were often swayed by the behaviour of others to an extraordinary degree, but there is plenty of evidence of conformism. This seems built-in to...
Persistent link: https://www.econbiz.de/10010230894
Persistent link: https://www.econbiz.de/10014431529
This paper examines the potential reinforcement of motivated beliefs when individuals with identical biases communicate. We propose a controlled online experiment that allows to manipulate belief biases and the communication environment. We find that communication, even among like-minded...
Persistent link: https://www.econbiz.de/10014467686
This paper is concerned with social interactions and their importance for unemployment. A theoretical model is specified in which the psychological costs of unemployment depend upon the unemployment level. The analysis reveals social multiplier effects, and shows that multiple unemployment...
Persistent link: https://www.econbiz.de/10011571920