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Norway imposes some of the highest tax rates on alcoholic beverages and tobacco in the world, making, e.g., cross-border shopping an attractive activity for Norwegians. In light of this fact, we pose the question: Could we increase the total tax revenue from indirect taxes by decreasing tax...
Persistent link: https://www.econbiz.de/10010988701
The European competition rules restrict governments' opportunity to differentiate terms of energy accessibility among firms and industries. This easily runs counter with regional and industrial goals of national energy policies. Norway levies a tax on use of electricity, but exempts main...
Persistent link: https://www.econbiz.de/10005208539
In this volume, the rational choice model is extended to a framework of norm-guided theories of crime are incorporated. Based on this framework, a broad range of regression analyses of crime in various parts of the world is reviewed. Many general, methodological problems of empirical studies of...
Persistent link: https://www.econbiz.de/10009628728
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We consider a population of individuals who differ in two dimensions, their risk type (expected loss) and their risk aversion, and solve for the profit-maximising menu of contracts that a monopolistic insurer puts out on the market. Our findings are threefold. First, it is never optimal to fully...
Persistent link: https://www.econbiz.de/10010786609
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In this paper, I propose a new way of characterising the consumer's preferences. It is based on the Hessian of the indirect utility function, after this matrix has been purified form its cardinality by means of a procedure suggested by Allais (1943). The properties of this matrix are...
Persistent link: https://www.econbiz.de/10005065764
In this paper we apply to multiplicative lotteries the idea of preference for "harm disaggregation" that was used for additive lotteries in order to interpret the signs of successive derivatives of a utility function. In this way, we can explain in general terms why the values of the...
Persistent link: https://www.econbiz.de/10005066297
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