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Property Taxation, Bounded Rationality and House Prices
Elinder, Mikael - 2016
In 2008, the Swedish property tax was reformed and a cap on yearly tax liabilities was introduced. A large fraction of owner occupied houses was subject to a substantial decrease in the tax. When the reform was announced, most analysts projected - in line with tax capitalization theory - that...
Persistent link: https://www.econbiz.de/10013005498
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Double-edged nudges? micro-foundations to behavioural interventions and their spillover effects
Picard, Julien - 2021
criteria is to maximise their direct effects. In this model individuals decide to consume for a given motive (e.g., eating less … meat for the environment) based on other decisions undertaken for the same motive (e.g., buying organic food for the … motive they are undertaken for. When they perceive these decisions as substitutable, nudges triggering a preference for …
Persistent link: https://www.econbiz.de/10013246178
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Why Are Norms Ignored? Collective Action and the Privacy Commons
Sloan, Robert H. - 2018
Informational privacy is the ability to govern when others may collect your information and how they may use it. Norms can, and do, provide such governance, as Helen Nissenbaum's seminal work shows. The relevant norms are informational norms, social norms that govern the collection, use, and...
Persistent link: https://www.econbiz.de/10012927206
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Nudge for Good? Choice Defaults and Spillover Effects
Ghesla, Claus - 2019
Policy makers increasingly use choice defaults to promote `good' causes by influencing socially relevant decisions in desirable ways, e.g., to increase pro-environmental choices or pro-social behavior in general. Such default nudges are remarkably successful when judged by their effects on the...
Persistent link: https://www.econbiz.de/10012902082
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Passive Choices and Cognitive Spillovers
Altmann, Steffen - 2019
Passive behavior is ubiquitous - even when facing various alternatives to choose from, people commonly fail to take decisions. This paper provides evidence on the cognitive foundations of such "passive choices" and studies implications for policies that encourage active decision-making. In an...
Persistent link: https://www.econbiz.de/10012870144
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A General Principle of the Development Process of Balanced Scorecards As an Instrument of Control
Terziev, Venelin - 2018
The content of the material reveals that the main purpose is to establish the place and role of control principles in creating modern patterns of model managerial thinking such as the Balanced Scorecard. It is for this reason that the process of creating a balanced scorecard and revealing...
Persistent link: https://www.econbiz.de/10012923981
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Not all Giffen Goods, are Inferior Goods
Vallejo, Hernan - 2021
It is well known in the economic literature that the labor supply curve can bend backwards and, therefore, that leisure can be a Giffen good. It is also known that leisure can be a normal good. This article proves that if leisure is a Giffen good, it has to be a normal good. This result also...
Persistent link: https://www.econbiz.de/10013236872
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How Choice Complexity in Liberalized Markets Hurts the Demand for Green Electricity
Bärenbold, Rebekka - 2020
Many countries have liberalized their residential electricity markets or are considering to do so. Liberalization provides consumers with more freedom of choice but also leads to higher choice complexity as consumers face a much larger number of different electricity contracts to choose from. We...
Persistent link: https://www.econbiz.de/10012831070
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Optimal investment in energy efficiency as a problem of growth rate maximisation
Britto, Anthony; Dehler-Holland, Joris; Fichtner, Wolf - 2021
Despite the vast literature on the energy-efficiency gap, there is a general dearth of investment models which incorporate the consumer's temporal freedom in the investment decision. Focusing on the building sector, we formulate optimal investment in energy efficiency as a problem of wealth...
Persistent link: https://www.econbiz.de/10012486707
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Passive choices and cognitive spillovers
Altmann, Steffen; Grunewald, Andreas; Radbruch, Jonas - 2019
Passive behavior is ubiquitous - even when facing various alternatives to choose from, people commonly fail to take decisions. This paper provides evidence on the cognitive foundations of such "passive choices" and studies implications for policies that encourage active decision-making. In an...
Persistent link: https://www.econbiz.de/10012006101