Showing 1 - 10 of 146
In this paper, I study dynamic and sequential fair division problems for players with dichotomous preferences. I have devised a systematic approach of designing efficient, envy-free, and strategy-proof mechanisms for generic problems. The mechanisms developed in this paper can accommodate common...
Persistent link: https://www.econbiz.de/10012908299
We study the role and design of private and public insurance programs when informal care is uncertain. Children's degree of altruism is randomly distributed over some interval. Social insurance helps parents who receive a low level of care, but it comes at the cost of crowding out informal care....
Persistent link: https://www.econbiz.de/10012966047
The socially optimal allocation has been regarded to be unspecifiable because of utility’s interpersonal incomparability, Arrow’s general possibility theorem, and other factors. This paper examines this problem by focusing not on the social welfare function but instead on the utility...
Persistent link: https://www.econbiz.de/10011259529
This paper examines the socially optimal allocation by focusing not on the social welfare function but instead on the utility possibility frontier in exogenous growth models with a heterogeneous population. A unique balanced growth path was found on which all of the optimality conditions of all...
Persistent link: https://www.econbiz.de/10011259748
We present evidence against the standard assumptions that social preferences are stable and can be measured in a reliable, nonintrusive manner. We find evidence that measures of social preferences can affect subsequent behavior. Researchers often measure social preferences by posing dictator...
Persistent link: https://www.econbiz.de/10014194261
The Afro-descendent people of the Sanquianga region in the Colombian Pacific Coast live under particularly extreme poverty conditions. Although highly integrated to markets through very frequent interactions, their access to basic social services and stable income generating activities are...
Persistent link: https://www.econbiz.de/10014203559
I ran an experiment in order to evaluate the relationship, if any, between power, or the search for power, and the degree of altruism. In particular I experimentally tested whether an organization structured in a strictly hierarchical way was able to reduce the degree of altruism of a group of...
Persistent link: https://www.econbiz.de/10014220550
We experimentally investigate whether people generally perceive inheritance as effort-induced or luck-induced. By randomly matched two strangers in a lab setting, we test whether the sources of opportunity handed down from the 'testator' subjects determines later redistributive decisions among...
Persistent link: https://www.econbiz.de/10014083816
We study the fair allocation of a one-dimensional and perfectly divisible good when individuals have other-regarding preferences. Assuming no legitimate claims and purely ordinal preferences, how should society measure social welfare so as to satisfy basic principles of efficiency and fairness?...
Persistent link: https://www.econbiz.de/10014139613
Mounting evidence shows that people's self-reported life satisfaction (LS) is negatively related to income inequality. Under the interpretation that the relationship between macro-level variables and LS reflects individuals' social preferences, this finding indicates that most people display...
Persistent link: https://www.econbiz.de/10013003298