In these simulation experiments for the Swedish economy, the impact of a future oil price shock was measured in terms of the stabilization policies required, and the possibility was evaluated of insuring against such price shocks by way of a gradually increasing oil tax.

This paper studies the response of saving decisions to two alternative capital taxation, i.e., wealth tax and capital income tax. I conduct a "life-cycle" experiment on Amazon Mturk, where subjects make dynamic saving decisions. Subjects exhibit an overreaction to the wealth tax, not to the...

We use incentivized economics experiments to test both the point predictions and comparative static predictions of optimal transfer pricing models, comparing behavior under varying conditions, including wholly versus partially-owned subsidiaries and different tariff and tax rates. As predicted,...

Although theoretical research on optimal capital taxation suggest to incorporate public opinions, the empirical literature on preferences regarding capital taxation almost exclusively focusses on the emotionally loaded estate tax. This paper presents a more comprehensive investigation of...

We consider the problem of repeatedly choosing policies to maximize social welfare. Welfare is a weighted sum of private utility and public revenue. Earlier outcomes inform later policies. Utility is not observed, but indirectly inferred. Response functions are learned through experimentation....

In these simulation experiments for the Swedish economy, the impact of a future oil price shock was measured in terms of the stabilization policies required, and the possibility was evaluated of insuring against such price shocks by way of a gradually increasing oil tax.

No abstract.

We consider the problem of repeatedly choosing policies to maximize social welfare. Welfare is a weighted sum of private utility and public revenue. Earlier outcomes inform later policies. Utility is not observed, but indirectly inferred. Response functions are learned through experimentation....

Although market-based environmental policy instruments feature prominently in economic theory and are widely employed, they often meet with public resistance. We argue that such resistance may be driven by a feeling of moral responsibility where citizens prefer to tackle environmental problems...

Meritocratic fairness justifies inequality when it stems from performance. Yet performance is influenced by one's genetics. I investigate whether individuals' redistribution preferences are affected by their beliefs about genetics' role in generating performance inequality. In an incentivized...