Showing 1 - 10 of 2,449
The role of electoral incentives vs. selection is ideally analyzed in a setting where the same legislators are selected … preferences for policies, party loyalty, and interest group affiliations. The evidence suggests that electoral incentives explain …
Persistent link: https://www.econbiz.de/10012286323
The paper presents an axiomatic restatement of the standard approach to nonlinear income taxation. It assumes a finite number of taxpayers rather than an uncountable infinity. Analytical tools are developed which facilitate proving the existence of tax schedules that are continuous,...
Persistent link: https://www.econbiz.de/10011525880
For groups that must make several decisions of similar form, we define a simple and general mechanism that is designed to promote social efficiency. The mechanism links the various decisions by forcing agents to budget their representations of preferences so that the frequency of preferences...
Persistent link: https://www.econbiz.de/10005077065
We study incentive issues related to two-sided one-to-one stable matching problem after weakening the notion of strategy-proofness to Ordinal Bayesian Incentive Compatibility (OBIC). Under OBIC, truthtelling is required to maximize the expected utility of every agent, expected utility being...
Persistent link: https://www.econbiz.de/10004968096
Persistent link: https://www.econbiz.de/10012156564
Previous studies have shown that the optimal marginal tax rate at the bottom of the income distribution may be positive, negative, or even zero. This paper reexamines this problem in a unified framework and tries to evaluate the arguments. It turns out that the case for positive marginal tax...
Persistent link: https://www.econbiz.de/10011526564
Persistent link: https://www.econbiz.de/10011507347
Persistent link: https://www.econbiz.de/10012583116
In experimental games, task-related incentives are payments to experimental subjects that vary according to their …-form games under task-related incentives of conventional magnitude and compared them with choices and reasons in the same games … under incentives five times as large. Both strategy choices and self-reported reasons for choices were almost …
Persistent link: https://www.econbiz.de/10011848336
We present a novel design measuring a correlate of social preferences in a high-stakes setting. In the Big Robber Game, a "robber" can obtain large personal gains by appropriating the gains of a large group of "victims" as seen in recent corporate scandals. We observed that more than half of all...
Persistent link: https://www.econbiz.de/10011880540