Showing 1 - 10 of 44,209
by either an automatic process or a deliberative one. In line with recent evidence from psychology, effortful self …-control (willpower) is modeled as a limited resource, i.e. exercising self-control for an initial decision limits the amount of self … exercised. Reciprocally, agents might also fall prey to excessive self-control, where they waste willpower in initial decisions …
Persistent link: https://www.econbiz.de/10010337837
Persistent link: https://www.econbiz.de/10010379892
This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent voluntary redistribution of income or wealth. The theory...
Persistent link: https://www.econbiz.de/10014023678
The paper re-examines the idea that a family can be viewed as a community governed by a self-enforcing constitution, and extends existing results in two directions. First, it identifies circumstances in which a constitution is renegotiation-proof. Second, it introduces parental altruism. The...
Persistent link: https://www.econbiz.de/10003260821
The paper re-examines the idea that a family can be viewed as a community governed by a self-enforcing constitution, and extends existing results in two directions. First, it identifies circumstances in which a constitution is renegotiation-proof. Second, it introduces parental altruism. The...
Persistent link: https://www.econbiz.de/10012784207
A committee chooses whether to approve a proposal that some members may consider ethical. Members who vote for the proposal receive expressive utility, and all pay a cost if the proposal is accepted. Committee members have different depths of reasoning. The model predicts that features that...
Persistent link: https://www.econbiz.de/10014095232
Immigration today presents two distinct but related problems. The first, and most neglected, relates to the money supply and currency values: due to the global availability of Western Union and Moneygram, remittances to home countries have exploded in the last decade, with estimates running into...
Persistent link: https://www.econbiz.de/10014188695
Procrastination produces harmful effects for human capital investments and studying activities. Using data from a large sample of Italian undergraduates, we measure procrastination with the actual behaviour of students, considering the delay in finalizing their university enrolment procedure. We...
Persistent link: https://www.econbiz.de/10010257601
Using data from a randomized controlled trial in 300 public high schools in Peru, this paper studies the potential of school-based financial education programs for youth. The intervention improves students’ and teachers’ financial knowledge by 0.14 SD and 0.32 SD, respectively. The impact of...
Persistent link: https://www.econbiz.de/10011882060
This paper studies self-control in a nationally representative sample. Using the well-established Tangney scale to measure trait self-control, we find that people’s age as well as the political and economic institutions they are exposed to have an economically meaningful impact on their level...
Persistent link: https://www.econbiz.de/10012050614