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Using a unique dataset we study both the actual and self-perceived relationship between subjective well-being and income comparisons against a wide range of potential comparison groups, enabling us to investigate a broader range of questions than in previous studies. In questions inserted into a...
Persistent link: https://www.econbiz.de/10003895798
In this paper it is argued that subjective well-being of the individual depends on two types of variables. The first type consists of characteristics of the individual himself, such as age, health, income, etc. The second type of variables consists of the characteristics of the individuals...
Persistent link: https://www.econbiz.de/10003937883
morally bad instead of good. Due to this asymmetry, people punish the perpetrators of negative externalities more severely … not only moral considerations but also the information setting of perpetrators of externalities are taken into account by … ; externalities ; punishment ; praise ; moral bias …
Persistent link: https://www.econbiz.de/10003980539
though it creates negative externalities to others. Although future rewards are not contractible, the benefitting party …
Persistent link: https://www.econbiz.de/10009571021
though it creates negative externalities to others. Although future rewards are not contractible, the benefitting party …
Persistent link: https://www.econbiz.de/10009526172
We consider international negotiations on the level of global pollution, and examine the Lindahl solution which determines the distribution of the pollution permits with unanimous agreement. We show various properties to clarify difficulties to achieve a Pareto efficient allocation as an...
Persistent link: https://www.econbiz.de/10003750497
When agents face coordination problems their choices often impose externalities on third parties. We investigate … whether such externalities can affect equilibrium selection in a series of one-shot coordination games varying the size and … the sign of the externality. We find that third-party externalities have a limited effect on decisions. A large majority …
Persistent link: https://www.econbiz.de/10013075109
Using a unique dataset we study both the actual and self-perceived relationship between subjective well-being and income comparisons against a wide range of potential comparison groups, enabling us to investigate a broader range of questions than in previous studies. In questions inserted into a...
Persistent link: https://www.econbiz.de/10013155599
A substantial literature examines second-best environmental policy, focusing particularly on how the Pigouvian directive that marginal taxes should equal marginal external harms needs to be modified in light of the preexisting distortion due to labor income taxation. Additional literature is...
Persistent link: https://www.econbiz.de/10012731608
is common knowledge that their actions produce various externalities through the training of an algorithm? In an online …
Persistent link: https://www.econbiz.de/10012797793