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A measure of rationality and welfare
Apesteguia, Jose; Ballester Oyarzun, Miguel A. - In: Journal of political economy 123 (2015) 6, pp. 1278-1310
Persistent link: https://www.econbiz.de/10011429909
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Effiziente Risikosteuerung durch die Kfz-Versicherung : eine verhaltensökonomische Untersuchung
Korch, Stefan - In: Zeitschrift für die gesamte Versicherungswissenschaft … 105 (2016) 2, pp. 121-129
Persistent link: https://www.econbiz.de/10011666422
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Harmful addiction
Gul, Faruk; Pesendorfer, Wolfgang - In: The review of economic studies 74 (2007) 1, pp. 147-172
Persistent link: https://www.econbiz.de/10003402293
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Rational addiction, peer externalities and long run effects of public policy
Kenkel, Donald Scott; Reed, Robert R.; Wang, Ping - 2002
Persistent link: https://www.econbiz.de/10001704633
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Rational Addiction, Peer Externalities and Long Run Effects of Public Policy
Kenkel, Donald; Reed III, Robert R.; Wang, Ping - 2021
addiction. In contrast to prior research, we allow individuals to make their consumption decisions simultaneous with savings and … labor supply. When addictive goods have a stronger habit formation effect (an addiction effect'), individuals choose to save … less due to the anticipated adverse health consequences of addiction (a detrimental health effect'). This is particularly …
Persistent link: https://www.econbiz.de/10013233845
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Rational Addiction, Peer Externalities and Long Run Effects of Public Policy
Kenkel, Donald S. - 2002
addiction. In contrast to prior research, we allow individuals to make their consumption decisions simultaneous with savings and … labor supply. When addictive goods have a stronger habit formation effect (an addiction effect'), individuals choose to save … less due to the anticipated adverse health consequences of addiction (a detrimental health effect'). This is particularly …
Persistent link: https://www.econbiz.de/10012469460
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Should Addicts Get Welfare?
Stevenson, Drury D. - 2007
definitions of addiction itself, and the policy rationales for repeated changes in the rules. I argue, as a policy matter, that … indicates such benefits encourage rehabilitation and reduce the incidence of addiction …
Persistent link: https://www.econbiz.de/10014058318
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Dynamic costs of the draft
Igel Lau, Morten; Poutvaara, Panu; Wagener, Andreas - In: German economic review 5 (2004) 4, pp. 381-406
Persistent link: https://www.econbiz.de/10003356312
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Investment, income, and incompleteness
Bick, Björn; Kraft, Holger; Munk, Claus - 2009
The utility-maximizing consumption and investment strategy of an individual investor receiving an unspanned labor income stream seems impossible to find in closed form and very difficult to find using numerical solution techniques. We suggest an easy procedure for finding a specific, simple, and...
Persistent link: https://www.econbiz.de/10003838456
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Dynamic monetary-fiscal interactions and the role of monetary conservatism
Niemann, Stefan (contributor) - 2009
The present paper reassesses the role of monetary conservatism in a setting with nominal government debt and endogenous fiscal policy. We assume that macroeconomic policies are chosen by monetary and fiscal policy makers who interact repeatedly but cannot commit to future actions. The real level...
Persistent link: https://www.econbiz.de/10003882589