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Competition as a socially desirable dilemma theory vs. experimental evidence

Engel, Christoph - 2009

Cartels are inherently instable. Each cartelist is best off if it breaks the cartel, while the remaining firms remain loyal. If firms interact only once, if products are homogenous, if firms compete in price, and if marginal cost is constant, theory even predicts that strategic interaction...

Persistent link: https://www.econbiz.de/10010266995

The social pay gap across occupations: Survey and experimental evidence

Bublitz, Elisabeth; Regner, Tobias - 2016

Receiving equal wages for work of equal value is a legal right in many countries. However, it remains unknown to what degree the neglect of this principle yields differences in pay between social and other occupations. The results of a task-based analysis with survey data confirm a notable wage...

Persistent link: https://www.econbiz.de/10011460609

Alcohol Price Floors and Externalities: The Case of Fatal Road Crashes

Francesconi, Marco; James, Jonathan - 2022

In May 2018, Scotland introduced a minimum unit price on alcohol. We examine the impact of this policy on traffic fatalities and drunk driving accidents. Using administrative data on the universe of vehicle collisions in Britain and a range of quasi-experimental modeling approaches, we do not...

Persistent link: https://www.econbiz.de/10013266710

Alcohol Price Floors and Externalities: The Case of Fatal Road Crashes

Francesconi, Marco; James, Jonathan - 2022

Persistent link: https://www.econbiz.de/10013351815

Price floors and externality correction

Griffith, Rachel; O'Connell, Martin; Smith, Kate - 2020

We study the introduction of a price floor for alcohol that is aimed at correcting for negative consumption externalities. Policy effectiveness depends on whether the measure achieves large reductions in the most socially costly consumption. We exploit a natural experiment to show the policy...

Persistent link: https://www.econbiz.de/10012625375

Optimal sin taxation and market power

O'Connell, Martin; Smith, Kate - 2021

This paper studies the design of sin taxes when firms exercise market power. We outline an optimal tax framework that …

Persistent link: https://www.econbiz.de/10012625408

Price floors and externality correction

Griffith, Rachel; O'Connell, Martin; Smith, Kate - 2021

We evaluate the impact of a price floor for alcohol introduced in Scotland in 2018, using a difference-in-differences strategy with England as a control group. We show that the policy led to the largest reductions in alcohol units purchased among the heaviest drinkers - the group who, at the...

Persistent link: https://www.econbiz.de/10012816077

Design of optimal corrective taxes in the alcohol market

Griffith, Rachel; O'Connell, Martin; Smith, Kate - 2017

that the externality generating commodity (ethanol) is available in many differentiated products, over which consumers … and numerically solve for the optimal tax rates. Moving to an optimal system that taxes alcohol types at different rates …

Persistent link: https://www.econbiz.de/10011786840

Measuring Social and Externality Benefits of in Influenza Vaccination

White, Corey - 2019

magnitudes. I estimate social and externality benefits of influenza vaccination in two settings. First, using a natural … examine a setting with large potential externality benefits: vaccination mandates for health care workers. I find that the … social benefits of vaccination are substantial, most of benefits operate through an externality, and that the benefits of …

Persistent link: https://www.econbiz.de/10012141162

Fair agreements for sharing international rivers with multiple springs and externalities

Brink, René van den; Laan, Gerard van der; Moes, Nigel - 2010

In this paper we consider the problem of sharing water from a river among a group of agents (countries, cities, firms) located along the river. The benefit of each agent depends on the amount of water consumed by the agent. An allocation of the water among the agents is efficient when it...

Persistent link: https://www.econbiz.de/10011381991