Showing 1 - 10 of 2,089
would be expected from non-cooperative theory. Second, this possible solidarity among 'brothers in arms' when fighting …
Persistent link: https://www.econbiz.de/10010274925
, stockpiling and allocation of medical countermeasures is a key component of true European solidarity, besides maintaining the …
Persistent link: https://www.econbiz.de/10012836717
In this study we experimentally investigate whether solidarity, which is a crucial base for informal insurance … subjects. The reduction of solidarity is driven by a change in giving behaviour of persons with the risky project. Compared to … to show solidarity is influenced by both the desire for own compensation and attributions of responsibility. Our findings …
Persistent link: https://www.econbiz.de/10011698745
Negative income shocks can either be the consequence of risky choices or random events. A growing literature analyzes the role of responsibility for neediness for informal financial support of individuals facing negative income shocks based on randomized experiments. In this paper, we show that...
Persistent link: https://www.econbiz.de/10011887385
This paper analyzes the macroeconomic impact of corporate taxation. The analysis is conducted in a quantitative two-country model. In the first step, the paper describes the long-run effects of corporate taxation. A reduction in the corporate-income tax rate increases GDP, wages, consumption,...
Persistent link: https://www.econbiz.de/10014076706
In this paper, unlike the conventional wisdom, we demonstrate that the relationship between the size of the market and number of firms would be non-monotonic. While moderate rise in the size would force the local firms to exit and only the foreign firm rules, substantial rise in the size would...
Persistent link: https://www.econbiz.de/10014077000
The estimated values to society from long-term public projects, including climate change mitigation and infrastructure construction, are highly sensitive to the social discount rate (SDR) employed. Governmental guidance on social discounting has predominantly been based on input from expert...
Persistent link: https://www.econbiz.de/10014077004
In an experiment that elicits subjects’ willingness to pay (WTP) for the outcome of a lottery, we confirm the fourfold pattern of risk attitudes described by Kahneman and Tversky. In addition, we document a systematic effect of stake sizes on the magnitude and sign of the relative risk...
Persistent link: https://www.econbiz.de/10014077011
We study the welfare impact of rules of origin in free trade agreements where final-good producers source customized inputs from suppliers within the trading bloc. We employ a property-rights framework that features hold-up problems in suppliers’ decisions to invest, and where underinvestment...
Persistent link: https://www.econbiz.de/10014077185
One of the perceived advantages of difference-in-differences (DiD) methods is that they do not explicitly restrict how units select into treatment. However, when justifying DiD, researchers often argue that the treatment is “quasi-randomly” assigned. We investigate what selection mechanisms...
Persistent link: https://www.econbiz.de/10014077196