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This paper uses schooling decisions to estimate curvature in utility of consumption in developing countries. We show that the elasticity of marginal utility of consumption (EMUC) can be recovered from three sufficient statistics: (1) the price effect of schooling; (2) the income effect of...
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New Zealand experienced two natural experiments with respect to state-provided social housing after 1990. First, while continuing to acquire new state houses, the National Government substantially reduced the overall state house stock by selling a greater number of houses either to existing...
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This paper utilises two politically determined natural experiments affecting state-provided social housing to examine the impact that housing tenure status has on neighbourhood outcomes. From 1990, New Zealand’s National government sold a substantial number of state houses either to...
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In economic situations a player often has preferences regarding not only his or her own outcome but also regarding what happens to fellow players, concerns that are entirely apart from any strategic considerations. While this can be modeled directly by simply writing down a player's final...
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