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From Olson to Veblen: The Stagflationary Rise of Distributional Coalitions

Nitzan, Jonathan - 1992

This essay deals with the relationship between stagflation and the process of restructuring. The literature dealing with the interaction of stagnation and inflation is invariably based on some explicit or implicit assumptions about economic structure, but there are very few writings which...

Persistent link: https://www.econbiz.de/10011647601

Passive Choices and Cognitive Spillovers

Altmann, Steffen; Grunewald, Andreas; Radbruch, Jonas - 2019

results. First, we demonstrate that scarcity of cognitive resources leads to passive behavior. Second, policies that encourage …

Persistent link: https://www.econbiz.de/10012059067

Dynamic pricing decisions and seller-buyer interactions under capacity constraints

Mak, Vincent; Rapoport, Amnon; Gisches, Eyran J. - In: Games 9 (2018) 1, pp. 1-23

pricing with scarcity in the form of capacity constraints. Rational expectations equilibrium solutions are constructed and …

Persistent link: https://www.econbiz.de/10011852727

Is there always a Trade-off between Insurance and Incentives? The Case of Unemployment with Subsistence Constraints

Mesén Vargas, Juliana; Van der Linden, Bruno - 2018

This article analyzes the behavioral effects of unemployment benefits (UB) and it characterizes their optimal level when jobless people, who can carry out a subsistence activity, only survive if they have access to a minimum consumption level. Our model shows that if the level of UB is low...

Persistent link: https://www.econbiz.de/10011872101

Effects of Poverty On Impatience: Preferences or Inattention?

Bartos, Vojtech; Bauer, Michal; Chytilova, Julie; … - 2018

We study two psychological channels how poverty may increase impatient behavior -- an effect on time preference and reduced attention. We measured discount rates among Ugandan farmers who made decisions about when to enjoy entertainment instead of working. We find that experimentally induced...

Persistent link: https://www.econbiz.de/10011932973

Seasonal Scarcity and Sharing Norms

Bartos, Vojtech - 2018

How does scarcity affect individual willingness to share and willingness to enforce sharing from others? Sharing in … sharing weakens substantially in times of scarcity. Temporal norms fluctuations seem to drive the results. …

Persistent link: https://www.econbiz.de/10011932980

Economic scarcity and consumers' credit choice

Bos, Marieke; Le Coq, Chloé; van Santen, Peter - 2016

This paper documents that increased scarcity right before a payday causally impacts credit choices. Exploiting a … scarcity risk to reinforce the conditions of poverty. …

Persistent link: https://www.econbiz.de/10011943299

Unintended detrimental effects of environmental policy: The green paradox and beyond

van der Werf, Edwin; Di Maria, Corrado - 2011

Well-intended policies aimed at reducing greenhouse gas emissions may have unintended undesirable consequences. Recently, a large literature has emerged showing under what conditions this so-called 'Green Paradox' may occur. We review this literature and identify the key mechanisms behind these...

Persistent link: https://www.econbiz.de/10010274812

Absolute abundance and relative scarcity: Announced policy, resource extraction, and carbon emissions

Di Maria, Corrado; Smulders, Sjak; van der Werf, Edwin - 2008

We study the effectiveness of climate change policy in a model with multiple non-renewable resources that differ in their carbon content. We find that, when allowing some time between announcement and implementation of a cap on carbon dioxide emissions, emissions from non-renewable energy...

Persistent link: https://www.econbiz.de/10010279430

Under What Conditions are Decentralized Solutions to Collective Action Problems Likely?

Maier-Rigaud, Frank - 2000

-made scarcity. Scarcity is not always reflected in the market. In the case of air pollution, scarcity is not endogenous since … action problem, if scarcity is reflected in the market. A CPR problem is called an impure collective action problem, if the … market does not reflect scarcity and treats the good as non-rival. Pure collective action problems arise within and remain …

Persistent link: https://www.econbiz.de/10009468423