Showing 1 - 10 of 10,326
We investigate how income inequality affects social welfare in a model of voluntary contributions to multiple pure public goods. Itaya, de Meza, and Myles (1997) show that the maximization of social welfare precludes income equality in a single pure public good model. In contrast, we show that...
Persistent link: https://www.econbiz.de/10012965708
Altruism or `regard for others' can encourage self-restraint among generators of negative externalities, thereby … mitigating the externality problem. We explore how introducing impure altruism into standard regulatory settings alters … welfare is increasing in the propensity for altruism in the population; under price-based regulation the relationship is non …
Persistent link: https://www.econbiz.de/10003969360
concern for other people's welfare (altruism) in the process of making high profits. Even when there exist few truly … such pooling equilibria exist is smaller and firms are more likely to anger voters by displaying low levels of altruism. As …
Persistent link: https://www.econbiz.de/10014209369
Persistent link: https://www.econbiz.de/10014519999
Persistent link: https://www.econbiz.de/10012234304
Using a laboratory experiment, we present first evidence that social image concerns causally reduce the take-up of an …
Persistent link: https://www.econbiz.de/10011905224
Using a laboratory experiment, we present first evidence that social image concerns causally reduce the take -up of an …
Persistent link: https://www.econbiz.de/10011884557
Using a laboratory experiment, we present first evidence that social image concerns causally reduce the take-up of an …
Persistent link: https://www.econbiz.de/10011890164
Persistent link: https://www.econbiz.de/10010491002
(intergenerational equity), using a common framework generalizing the discounted expected utilitarianism approach. We propose a general …
Persistent link: https://www.econbiz.de/10011622070