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I investigate the optimal way of organizing and motivating the production of information by a team of agents. I compare two modes of production. In the "team outputs" setting, agents produce public information jointly and their individual contributions are indistinguishable. In the "individual...
Persistent link: https://www.econbiz.de/10012964732
Indian country in the United States is incredibly poor. Indian nations desperately need to develop reservation economic activities. Most tribal governments, however, are primarily focused on developing tribally owned businesses. This article argues for Indian peoples and governments to revive...
Persistent link: https://www.econbiz.de/10012898776
Recent developments in microeconomic theory have shown that the self-interested behavior underlying neoclassical theory is artificially truncated: it depicts a charmingly Victorian but Utopian world in which conflicts abound but a handshake is a handshake. But a handshake is not always a...
Persistent link: https://www.econbiz.de/10005237565
Persistent link: https://www.econbiz.de/10005820034
We demonstrate how altruism can flourish in a population of nonaltruists. We assume that each individual plays a one-shot prisoner's dilemma game with his or her sibling and that the probability than an individual survives to reproduce is proportional to his or her payoff in this game. We model...
Persistent link: https://www.econbiz.de/10010291763
This paper analyses how neighbors' income affect agents' well-being using unprecedented data from the BRFSS and the City of Somerville. We conduct a multi-scale approach at the county, ZIP code and street-levels and find that the association between well-being and neighbors' income follows an...
Persistent link: https://www.econbiz.de/10010293169
This study analyses current energy projects in Benin, Burkina Faso, Niger and Togo. Based on the size of these projects, the study shows that currently, only small scale CDM projects can be developed in these countries in energy sectors. Moreover, baseline emissions factors are assessed for the...
Persistent link: https://www.econbiz.de/10010295546
This paper addresses the reduction of market failure under imperfect competition. It proposes a taxscheme that provides firms with an incentive to forgo their market power: Firms optimize after-tax profits. Now simply consider a firm´s gross profit margin the unique tax-rate it is charged on...
Persistent link: https://www.econbiz.de/10010298564
Using individual-level panel data from European Union Statistics on Income and Living Conditions (2007-2010) we explore to what extend wage differentials across European countries are explained by differences in education, actual experience and health. The human capital literature suggests an...
Persistent link: https://www.econbiz.de/10011397543
This article uses survey data of workers in Japan to study the effects of own and self-reported reference wages on subjective well-being. Higher wages lead to higher life and job satisfaction. When workers perceive that their peers earn higher wages, they report lower well-being. We compare our...
Persistent link: https://www.econbiz.de/10010322562