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On Welfare Frameworks and Catastrophic Climate Risks

Millner, Antony - CESifo - 2013

that the welfare functions traditionally used in climate economics are ill-equipped to deal with climate catastrophes in … which population size 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/10010703424

Economic Incentives and Social Preferences: A Preference-based Lucas Critique of Public Policy

Bowles, Samuel; Reyes, Sandra Polanía - CESifo - 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/10005029261

Economic Incentives and Social Preferences : A Preference-Based Lucas Critique of Public Policy

Bowles, Samuel; Polanía Reyes, Sandra - 2021

Persistent link: https://www.econbiz.de/10013316339

Employee Spinouts, Social Networks, and Family Firms

Rauch, James E. - CESifo - 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/10010723536

Combining Rights and Welfarism: A New Approach to Intertemporal Evaluation of Social Alternatives

Long, Ngo Van; Martinet, Vincent - CESifo - 2012

We propose a new criterion which reflects both the concern for welfare (utility) and the concern for rights in the … the set of all feasible thresholds, accounting for the “cost in terms of welfare” of achieving these rights. We apply the …

Persistent link: https://www.econbiz.de/10009651182

The Importance of Peers for Compliance with Norms of Fair Sharing

Gächter, Simon - 2017

A burgeoning literature in economics has started examining the role of social norms in explaining economic behavior. Surprisingly, the vast majority of this literature has studied social norms in asocial decision settings, where individuals are observed to act in isolation from each other. In...

Persistent link: https://www.econbiz.de/10012953878

An Economics Approach to Language Policy and Linguistic Justice

Wickström, Bengt-Arne - 2018

The essay gives an overview of how language planning and language policy can be motivated and analyzed by economic methods. It is discussed what type of value language-related goods possess and what type of goods they are. Properties like degrees of rivalry, exclusion, and shielding and how they...

Persistent link: https://www.econbiz.de/10012930694

Cutthroat Capitalism versus Cuddly Socialism : Are Americans More Meritocratic and Efficiency-Seeking than Scandinavians?

Almås, Ingvild - 2017

views, but not in the importance assigned to efficiency. The study also provides robust causal evidence of fairness … considerations being much more fundamental for inequality acceptance than efficiency considerations in both countries …

Persistent link: https://www.econbiz.de/10012963592

Complexity, Efficiency, and Fairness of Multi-Product Monopoly Pricing

Miravete, Eugenio J. - 2014

profits, and greater welfare. The current one-size-fits-all pricing rule ignores variations in demand elasticities resulting …

Persistent link: https://www.econbiz.de/10013055988

Social Welfare Versus Inequality Concerns in an Incomplete Contract Experiment

Faravelli, Marco; Kirchkamp, Oliver; Rainer, Helmut - 2021

the materially disadvantaged player cares more for social welfare than about inequality. Behavioral preferences of …

Persistent link: https://www.econbiz.de/10013316263