Similar Search Results

Reprint of: Bidding to give in the field

Onderstal, Sander; Schram, Arthur; Soetevent, Adriaan R. - In: Journal of public economics 114 (2014), pp. 87-100

Persistent link: https://www.econbiz.de/10010491074

Risk attitudes with state-dependent indivisibilities in consumption

Fels, Markus - 2019

Some consumption opportunities, e.g. medical treatments, are both indivisible and only valuable in particular states of nature. The existence of such state-dependent indivisible consumption opportunities influences a person's risk attitudes. In general, people are not risk averse anymore even if...

Persistent link: https://www.econbiz.de/10012231153

"Lootboxes" in digital games : a gamble with consumers in need of regulation? : an evaluation based on learnings from Japan

Koeder, Marco Josef; Tanaka, Ema; Mitomo, Hitoshi - 2018

calls for regulation because if their gambling like elements. Japan had similar mechanics in games for a long time called … Lootboxes are in comparison to "Gacha" in Japan and investigates whether they would qualify as gambling using a gambling … taxonomy. Lootboxes and Gacha can be seen as very similar and comparable and both would not qualify as gambling in traditional …

Persistent link: https://www.econbiz.de/10012005406

States' addiction to sins : sin tax fallacy

Dadayan, Lucy - In: National tax journal 72 (2019) 4, pp. 723-754

Persistent link: https://www.econbiz.de/10012295494

The commons problem under uncertainty and precaution

Bos, Björn; Drupp, Moritz A.; Meya, Jasper; Quaas, … - 2021 - Preliminary draft, March 2, 2021

We study a commons problem under uncertainty, where individual actions affect the risk of a future damage event. We show that for risk-averse agents, an extra risk on the amount of the damage induces more precautionary actions in Nash equilibrium. Similarly, for prudent agents an extra risk in...

Persistent link: https://www.econbiz.de/10013341972

Why do people buy insurance? : a modern answer to an old question

Fels, Markus - 2021

I revisit the question of which motive underlies insurance demand. I draw on the literature of state-dependent utility and on the literature of imperfectly divisible consumption to argue that the general purpose of insurance is not a risk transfer, but meeting a conditional need. In this way,...

Persistent link: https://www.econbiz.de/10013330729

Winning the oil lottery : the impact of natural resource extraction on growth

Cavalcanti, Tiago; Mata, Daniel da; Toscani, Frederik - 2014 - Version: February 9, 2014

This paper studies the effect of oil discoveries on economic growth in Brazilian municipalities for the period from 1940 to 2000. It uses a unique identification strategy which exploits data on the drilling of approximately 20,000 oil wells in Brazil since oil explorations began in the country....

Persistent link: https://www.econbiz.de/10011504419

Do grants to charities crowd out other income? : evidence from the UK

Andreoni, James; Payne, Abigail; Smith, Sarah - In: Journal of public economics 114 (2014), pp. 75-86

Persistent link: https://www.econbiz.de/10010491079

Mobile game price discrimination effect on users of freemium services : an initial outline of game of chance elements in Japanese F2P mobile games

Koeder, Marco; Tanaka, Ema; Sugai, Philip - 2017

This paper offers a look at the Japanese mobile free to play market with a focus on "Gacha", a game of luck mechanism used in many Japanese games. The paper tries to explain about the concept of Gacha, its different forms, some known regulation issues and briefly looks at player and...

Persistent link: https://www.econbiz.de/10011756933

Gaming, states and tax revenues : the tortoise or the hare : a CGE comparative assessment of casino resorts and racinos

Lahr, Michael L.; Alvarez, Maria - 2013

State tax revenues from casinos as a share of total state gaming revenues generally correlate well with the year of legalization. Theoretically speaking, heavy tax rates should dampen growth of the casino revenues in states that adopt them. Indeed, states with lower tax rates tend to have larger...

Persistent link: https://www.econbiz.de/10011616678