Weitzman, M.L. (2014. Can negotiating a uniform carbon price help to internalize the global warming externality? J. Assoc. Environ. Resour. Econ. 1: 29-49) proposed that focusing international climate negotiations on a uniform common commitment (such as a uniform carbon price) is more effective...

Der Wissenschaftliche Beirat beim Bundesministerium für Wirtschaft und Klimaschutz hat in seiner 500. Sitzung im April 2022 ein internes Symposium zu Nachhaltigkeitszielen in der Wirtschaftspolitik durchgeführt, um verschiedene Aspekte dieser Thematik zu vertiefen. Gerade im Zusammenhang mit...

Economists have traditionally treated preferences as exogenously given. Preferences are assumed to be influenced by neither beliefs nor the constraints people face. As a consequence, changes in behaviour are explained exclusively in terms of changes in the set of feasible alternatives. Here the...

Well-functioning groups enforce social norms that restrain opportunism, but the social structure of a society may encourage or inhibit norm enforcement. This paper studies how the exogenous assignment to different positions in an extreme social hierarchy - the caste system - affects individuals'...

In a wide variety of settings, spiteful preferences would constitute an obstacle to cooperation, trade, and thus economic development. This paper shows that spiteful preferences - the desire to reduce another's material payoff for the mere purpose of increasing one's relative payoff - are...