Showing 111 - 120 of 196
Persistent link: https://www.econbiz.de/10008212689
Favor trading is common. We do something nice for someone and they do something nice in return. Several motives might underlie such behavior, including altruism, strategic motives, and direct or indirect positive reciprocity. It is not yet well-understood how these fit together to affect...
Persistent link: https://www.econbiz.de/10011271642
We use lab experiments to study policies that address common pool resource overuse. We look at a price mechanism, specifically a Pigouvian subsidy, and four non-price interventions. The non-price policies are information alone, information with a normative message, communication alone, and...
Persistent link: https://www.econbiz.de/10011268626
Temporal spillovers occur when a conservation program changes what happens to land outside the temporal window of the conservation contract. This may happen when conservation improves land so that returns to non-conservation uses are increased, or when landowners' preferences become more...
Persistent link: https://www.econbiz.de/10010770415
Temporal spillovers occur when a conservation program changes the use made of a land parcel outside of the window of the conservation contract. This may happen when conservation improves land so that returns to non-conservation uses are increased, or when landowners' preferences become more...
Persistent link: https://www.econbiz.de/10010770417
Laboratory experiments have proven increasingly useful in all areas of economics. This paper discusses the methodology of experimental economics, highlights its strengths and weaknesses, discusses many of the applications of experimental methods to public economics, and suggests topics in which...
Persistent link: https://www.econbiz.de/10010787931
Some policy problems pit one group׳s interests against another׳s. One group may determine provision of a project (such as a dam) that benefits group members but hurts others. We introduce a model of such projects. In-group members may contribute to a common fund that benefits them as a public...
Persistent link: https://www.econbiz.de/10011043096
We develop an axiomatic theory that integrates the discovered preference hypothesis into neoclassical microeconomic choice theory. A theory in which preferences must be discovered through experience can explain patterns observed in choice data, including preference reversals, evolution of or...
Persistent link: https://www.econbiz.de/10010748250
Temporal spillovers occur when a conservation program changes what happens to land outside the temporal window of the conservation contract. This may happen when conservation improves land so that returns to non-conservation uses are increased, or when landowners’ preferences become more...
Persistent link: https://www.econbiz.de/10011077032
People have been shown to engage in favor-trading when it is efficiency-enhancing to do so. Will they also trade favors when it reduces efficiency, as in a series of wasteful public projects that each benefits an individual? We introduce the “Stakeholder Public Bad” game to study this...
Persistent link: https://www.econbiz.de/10009395801