Showing 1 - 10 of 14
The sustainability of the welfare state ultimately depends on citizens' preferences for income redistribution. They are elicited through a Discrete Choice Experiment performed in 2008 in Switzerland. Attributes are redistribution as GDP share, its uses (the unemployed, old-age pensioners, people...
Persistent link: https://www.econbiz.de/10015221303
In this paper, we elicit preferences of Swiss citizens for the allocation of income redistribution to different uses through a Discrete Choice Experiment performed in 2008. Neustadt and Zweifel (2009} provide an estimate of the total desired amount of income redistribution as a share of...
Persistent link: https://www.econbiz.de/10015229778
In a perfectly competitive market with a possibility of technological innovation we analyze guaranteed feed-in tariffs for electricity from renewables from a dynamic efficiency and social welfare point of view. Specifically, we model decisions about the technological innovation with convex costs...
Persistent link: https://www.econbiz.de/10015262781
In this paper, we elicit preferences for the allocation of income redistribution to different uses through a Discrete Choice Experiment performed with a representative sample of Swiss citizens. The total desired amount of income redistribution is estimated as a share of disposable income....
Persistent link: https://www.econbiz.de/10015271162
We elicit preferences for the allocation of public budget to groups of recipients through a discrete choice experiment performed with a representative sample of Swiss citizens. The total desired amount of income redistribution as a share of GDP and its allocation across groups of recipients are...
Persistent link: https://www.econbiz.de/10015271163
The objective of this paper is to measure preferences for income redistribution through the public budget when recipients differ in terms of their 'degree of merit' (such as the working poor) and their nationalities. A discrete choice experiment (DCE) was performed involving a representative...
Persistent link: https://www.econbiz.de/10015271235
This paper addresses the question of what it takes to obtain a well-defined extensive form game. Without relying on simplifying finiteness or discreteness assumptions, we characterize the class of game trees for which all pure strategy combinations induce unique outcomes. The generality of the...
Persistent link: https://www.econbiz.de/10009471708
This paper considers bounded-memory players in a coordination game, who imitate the most successful remembered actions. With exogenous inertia, risk-dominant equilibria are selected independently of the length of memory. Without inertia, Pareto-dominant equilibria arise when memory is long enough.
Persistent link: https://www.econbiz.de/10009471709
We prove the existence of equilibria in games with players who employ abstract (non-binary) choice rules. This framework goes beyond the standard, transitive model and encompasses games where players have non-transitive preferences (e.g., skew-symmetric bilinear preferences).
Persistent link: https://www.econbiz.de/10009471710
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Persistent link: https://www.econbiz.de/10009471726