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Selecting public goods institutions : who likes to punish and reward?
Drouvelis, Michalis; Jamison, Julian C. - 2012 - This version: June 5, 2012
sanctions-and-rewards mechanism, it is important to consider individual attitudes toward risk and uncertainty. -- public goods …
Persistent link: https://www.econbiz.de/10009569611
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Cooperation in small groups : the effect of group size
Nosenzo, Daniele; Quercia, Simone; Sefton, Martin - 2012
mechanism (VCM) games. This effect has been typically observed in experiments with groups of size 4 or more, and contrasts with … mechanism ; cooperation ; group size …
Persistent link: https://www.econbiz.de/10009687484
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Setting the bar – an experimental investigation of immigration requirements
Khadjavi, Menusch; Tjaden, Jasper D. - 2014
Many Western countries face the challenge of reconciling future labor demand with growing public opposition to immigration. The dynamics and underlying processes of setting immigration requirements remain unclear as research so far mainly focuses on context-specific empirical studies. We use a...
Persistent link: https://www.econbiz.de/10010384338
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Dynamic tax externalities and the U.S. fiscal transformation in the 1930s
Niepelt, Dirk - 2018
We propose a theory of tax centralization in politico-economic equilibrium. Taxation has dynamic general equilibrium implications which are rationally internalized at the federal, but not at the regional level. The political support for taxation therefore differs across levels of government....
Persistent link: https://www.econbiz.de/10011810615
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A Collective Model of Household Behavior with Private and Public Goods : Theory and Some Evidence from U.S. Data
Donni, Olivier - 2004
In the present paper, we adopt the collective approach to consumer behavior - which supposes that each household member is characterized by his/her own preferences and that the decision process results in Pareto-efficient outcomes - and assume in addition, that agents are egoistic and...
Persistent link: https://www.econbiz.de/10014073416
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Minority vs. majority : an experimental study of standardized bids
Pintér, Agnes (contributor); Veszteg, Robert F. (contributor) - 2008
’s gain does not compensate the loss suffered by the minority. In this paper we propose and study a simple mechanism that … mechanism voters report a bid for all the available projects. Standardization ensures the existence of equilibrium, and delivers … bids mechanism performed well in the laboratory as it chose the efficient project in almost three quarters of the cases …
Persistent link: https://www.econbiz.de/10003720837
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Experience goods and provision of quality
Kultti, Klaus - 2017
Delacroix and Shi (Pricing and signaling with frictions, Journal of Economics Theory 2013) study a model featuring buyers with unit demands and sellers with unit supplies. The sellers may produce a high- or a low-quality good. The buyers get a signal about quality but the signalling technology...
Persistent link: https://www.econbiz.de/10011639380
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Does the reliability of institutions affect public good contributions? : evidence from a laboratory experiment
Fochmann, Martin; Jahnke, Björn; Wagener, Andreas - 2016
Reliable institutions - i.e., institutions that live up to the norms that agents expect them to keep - foment cooperative behavior. We experimentally confirm this hypothesis in a public goods game with a salient norm that cooperation was socially demanded and corruption ought not to occur. When...
Persistent link: https://www.econbiz.de/10011430174
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Does mitigation begin at home?
Diederich, Johannes; Goeschl, Timo - 2017
In a climate system that is indifferent about where mitigation is carried out, the logic of comparative advantages favors abatement locations in developing and rapidly industrializing countries. There is evidence, however, that citizens of industrialized countries who voluntarily fund climate...
Persistent link: https://www.econbiz.de/10011663468
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Private options to use public goods : exploiting revealed preferences to estimate environmental benefits
Snyder, Lori Diane; Stavins, Robert N.; Wagner, Alexander F. - 2003
We develop and apply a new method for estimating the economic benefits of an environmental amenity. The method fits within the household production framework (Becker 1965), and is based upon the notion of estimating the derived demand for a privately traded option to utilize a freely-available...
Persistent link: https://www.econbiz.de/10011591696