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This paper studies intertemporal social preferences. We introduce intertemporal dictator and ultimatum games where players decide on the timing of monetary payoffs. The setting is two-dimensional rather than one-dimensional, in the sense that inequalities can arise in the time as well as in the...
Persistent link: https://www.econbiz.de/10013356479
The COVID-19 pandemic considerably impacted the lives of European citizens. This study aims to provide a nuanced picture of well-being patterns during the pandemic across Europe with a special focus on relevant socio-economic sub-groups. This observational study uses data from a repeated,...
Persistent link: https://www.econbiz.de/10015404261
Anecdotally, physical activity appears to be a textbook example of time inconsistency, which is the failure to follow through on ex-ante preferences and plans. Interestingly, our longitudinal survey finds that, over a fortnight, exercising more than preferred/planned is actually more prevalent...
Persistent link: https://www.econbiz.de/10014547800
In a 'smart' electricity distribution network, flexible distribution resources (FDRs) can be coordinated to improve efficiency. But coordination enables whoever controls such resources to exercise market power. The paper establishes the following efficiency rankings of market structures:...
Persistent link: https://www.econbiz.de/10012270877