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This paper presents a model showing an incentive for a group of people to vote for higher tuition fees, even if these fees have no quality effect. The incentive is based on a non-monetary influence on utility, namely the social status or prestige of graduating. The basic assumption is that the...
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Swedish marriages, we test the hypothesis that nobility have a greater probability of marrying "up" in terms of wealth. We …
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, and thereby facilitate their corruption, by means of public displays of wealth. While such public displays reduce the …
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