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. However, bothexamples require extreme differences in marginal external costs across links,and a non-optimal toll-point to be …
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This paper considers second-best congestion pricing in the monocentric city, with endogenous residential density and …-way interactions between urban density, traffic congestion and labour supply. Congestion pricing schemes are analyzed that are second …
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We study in an experiment whether humans prefer to depend on decisions of other humans (social uncertainty) or states … other humans. This is the first experiment that studies social uncertainty that does not derive from a strategic situation …
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experiment, we study the endowment effect in lotteries with the same payoffs as the games in the first part. Our findings provide …
Persistent link: https://www.econbiz.de/10011339153
This experimental study investigates how behavior changes after punishment for an unkind action. It also studies how fairness perceptions affect the reaction to punishment and whether this effect is consistent across repeated play and role experiences. A repeated version of the power-to-take...
Persistent link: https://www.econbiz.de/10011343297