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This paper examines optimal redistribution in a model with high- and low-skilled individuals with heterogeneous tastes for labor. We compare the extent to which optimal policies based on different normative criteria obey the principles of compensation (for differential skills) and responsibility...
Persistent link: https://www.econbiz.de/10003949079
We characterize a measure of social welfare for linear production economies in which individuals differ in productive skills and preferences. The key feature of our measure is that it aggregates fairness gaps, defined as the difference between the money-metric utility that the individual...
Persistent link: https://www.econbiz.de/10013503361
We conducted a large-scale and long lasting randomized field experiment at the donation centers of the Belgian Red Cross-Flanders to study the impact of a small extra reward for plasma donations. Donors normally receive one thank-you-coupon (worth €1.5) for a blood donation and two coupons for...
Persistent link: https://www.econbiz.de/10015404499