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We present an empirical test for the addictiveness of lottery gambling. To distinguish state dependence from serial correlation, we exploit an exogenous shock to local market consumption of lottery gambling. We use the sale of a winning ticket in the zip code, the location of which is random...
Persistent link: https://www.econbiz.de/10005830599
We present a simple mechanism that can be implemented in a simple experiment. In a modified trust game, the allocator can offer to pay the investor to cooperate. The mechanism is successful at implementing efficient outcomes: participants manage to achieve an efficient outcome, when this is...
Persistent link: https://www.econbiz.de/10008548828
For at least fifty years economists have argued that vertically-aggregated marginal willingness to pay, when set equal to marginal provision cost, will result in optimal public good provision levels. This methodological approach would be expected to yield an exact analog, in terms of optimal...
Persistent link: https://www.econbiz.de/10008493588
This paper reports on experiments designed to compare the performance of two incentive mechanisms in public goods problems. One mechanism rewards and penalizes deviations from the average contribution of the other agents to the public good (tax-subsidy mechanism). Another mechanism allows agents...
Persistent link: https://www.econbiz.de/10005135216
Residence-based public education systems promote income segregation across neighborhoods or school districts (e.g. Epple and Romano, 2002). It has been argued that allowing private schools to enter the market may reduce the levels of income segregation because private education severs the link...
Persistent link: https://www.econbiz.de/10005063199
Economists studying collective decision problems often consider how a social planner would behave. The standard exercise presumes complete knowledge of the welfare achieved by each feasible policy. However, we often have only partial knowledge of policy impacts. This paper extends my program of...
Persistent link: https://www.econbiz.de/10005042644
There is a rich literature analyzing the problems that will arise as the share of elderly and retired in the population increases in the near future. However, the locational decisions among the elderly as well as their implications in terms of taxes/transfers and of allocation of...
Persistent link: https://www.econbiz.de/10005642507
There is a rich literature analyzing the problems that will arise as the share of elderly and retired in the population increases in the near future. However, the locational decisions among the elderly as well as their implications in terms of taxes/transfers and of allocation of...
Persistent link: https://www.econbiz.de/10005651942
Maize is important in Uganda because of its dual function both as an income-generating cash crop and as a staple crop that improves food security. Three interventions on the maize sector are selected for a substantive cost-benefit analysis investigation, namely: 1. "Increasing the utilization of...
Persistent link: https://www.econbiz.de/10010734644
The prevalence of malnutrition, vitamin-A deficiency, and anemia is high in Uganda. Of children under 5 years of age, 33 percent are stunted and 5 percent wasted. The rate of anemia among women and children is as high as 50 percent. The aim of this study is to identify if a 5 year off-take...
Persistent link: https://www.econbiz.de/10010734645