Similar Search Results

On Welfare Frameworks and Catastrophic Climate Risks

Millner, Antony - 2013

catastrophes as infinitely bad, even though each individual's utility function is bounded. Finally, I suggest that the welfare … changes. Drawing on recent work in population ethics I propose an alternative welfare framework with normatively desirable … properties, which has the effect of dampening the contribution of catastrophes to welfare. …

Persistent link: https://www.econbiz.de/10010328782

Language Rights - A Welfare-Economics Approach

Wickström, Bengt-Arne - 2015

determination of an optimal rights structure results. It is further shown that an efficiency analysis based on a ‘naive’ cost … endogeneity of preferences. The endogeneity of preferences in turn can make the cost-benefit analysis contradictory. In a welfare …

Persistent link: https://www.econbiz.de/10011388168

Evaluating Climate Policies by the Pareto Principle: Efficiency When Future Identities Are Unobservable

Asheim, Geir B.; Kamaga, Kohei; Zuber, Stéphane - 2022

Climate change is an externality since those who emit greenhouse gases do not pay the long-term negative consequences of their emissions. In view of the resulting inefficiency, it has been claimed that climate policies can be evaluated by the Pareto principle. However, climate policies lead to...

Persistent link: https://www.econbiz.de/10013177609

Economic incentives and social preferences : a preference-based Lucas critique of public policy

Bowles, Samuel; Polanía Reyes, Sandra - 2009

Policies and explicit private incentives designed for self-regarding individuals sometimes are less effective or even counterproductive when they diminish altruism, ethical norms and other social preferences. Evidence from 51 experimental studies indicates that this crowding out effect is...

Persistent link: https://www.econbiz.de/10010266032

The Interactions of Social Norms about Climate Change: Science, Institutions and Economics

Cabrales, Antonio; García, Manu; Muñoz, David Ramos; … - 2022

We study the evolution of interest about climate change between different actors of the population, and how the interest of those actors affect one another. We first document the evolution individually, and then provide a model of cross influences between them, that we then estimate with a VAR....

Persistent link: https://www.econbiz.de/10013427691

Employee Spinouts, Social Networks, and Family Firms

Rauch, James E. - 2013

Recently collected data show that, within any manufacturing industry, vertically integrated firms tend to have larger, higher productivity plants, account for the bulk of sales, and also sell externally most of the inputs they produce. In a weak contracting environment characteristic of...

Persistent link: https://www.econbiz.de/10010328762

The Effect of Network Degree on Bargaining: Experimental Evidence from the Field

D'Exelle, Ben; Gutekunst, Christine; Riedl, Arno - 2025

We conduct an artefactual field experiment in real-existing trade networks to analyze how individual network degree affects bargaining demands and outcomes. We combine data from a bilateral bargaining experiment with data of trade networks in 24 villages in Uganda. To identify the effect of...

Persistent link: https://www.econbiz.de/10015398904

The Sociology of Cartels

Haucap, Justus; Heldman, Christina - 2022

Traditional economic theory of collusion assumed that cartels are inherently unstable, and yet some manage to operate for years or even decades. While the literature has presented several determinants of cartel stability, the vast majority focuses on firms as entities, even though cartels are...

Persistent link: https://www.econbiz.de/10013427700

The Dynamics of Networks and Homophily

Jackson, Matthew O.; Nei, Stephen M.; Snowberg, Erik; … - 2023

We examine friendships and study partnerships among university students over several years. At the aggregate level, connections increase over time, but homophily on gender and ethnicity is relatively constant across time, university residences, and different network layers. At the individual...

Persistent link: https://www.econbiz.de/10014290120

Learning from the Origins

Yarkin, Alexander - 2023

How do political preferences and voting behaviors respond to information coming from abroad? Focusing on the international migration network, I document that opinion changes at the origins spill over to 1st- and 2nd-generation immigrants abroad. Local diasporas, social media, and family ties to...

Persistent link: https://www.econbiz.de/10014377600