Showing 9,601 - 9,610 of 9,697
Condorcet domains are sets of preference orders such that the majority relation corresponding to any profile of preferences from the domain is acyclic. The best known examples in economics are the single-peaked, the single-crossing, and the group separable domains. We survey the latest...
Persistent link: https://www.econbiz.de/10013548675
Aging societies face a fundamental challenge: How to represent future oriented policies in the politics of today? Voting age reforms and, more generally, policies that encourage the participation of the youth in politics are discussed as one solution. In this report, we study whether voting age...
Persistent link: https://www.econbiz.de/10014286959
We estimate the parameters of a dynamic, forward-looking neighborhood choice model in 197 metro areas where households have preferences over the racial composition of neighborhoods. Our inclusion of multiple metro areas in the estimation sample enables us to develop a new, shift-share IV...
Persistent link: https://www.econbiz.de/10014480603
I analyze observed choice between lotteries from an outcome-oriented point of view in the framework of choice between random variables. I characterize a choice maker, who faces a choice situation between lotteries, by (1) a surmising process that associates, with a pair of lotteries, a set of...
Persistent link: https://www.econbiz.de/10010369171
This paper sets out a framework for estimating household preferences over a broad range of housing and neighborhood characteristics, some of which are determined by the way that households sort in the housing market. This framework brings together the treatment of heterogeneity and selection...
Persistent link: https://www.econbiz.de/10010369191
For many services, consumers can choose among a range of optional tariffs that differ in their access and usage prices. Recent studies indicate that tariff-specific preferences may lead consumers to choose a tariff that does not minimize their expected billing rate. This study analyzes how...
Persistent link: https://www.econbiz.de/10010421348
This paper is devoted to the study of how to extend a dichotomous partition of a universal set X into good and bad objects to an ordering on the power set of X. We introduce a family of rules that naturally take into account the number of good objects and the number of bad objects, and provide...
Persistent link: https://www.econbiz.de/10010427514
There is strong evidence that different income groups consume different bundles of goods. This evidence suggests that trade liberalization can affect welfare inequality within a country via changes in the relative prices of goods consumed by different income groups (the price effect). In this...
Persistent link: https://www.econbiz.de/10010427561
This paper develops a novel approach to modeling references in monopolistic competition models with a continuum of goods. In contrast to the commonly used CES preferences, which do not capture the effects of consumer income and the intensity of competition on equilibrium prices, the present...
Persistent link: https://www.econbiz.de/10010427575
The paper investigates teachers' decisions to leave the profession. First we examine the role of earnings and earnings in alternative occupations in these decisions, and then the paper discusses how the public sector wage increase in 2002 has effected exiting decisions of teachers. Using large...
Persistent link: https://www.econbiz.de/10010494743