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Using illustrations from research on inequality, this paper offers evidence on the strengths of 'behavioural synthesis', i.e. the reconciliation between neoclassical and behavioural economics. We compare how theoretical models of absolute and relative inequality have evolved from assumptions of...
Persistent link: https://www.econbiz.de/10012509292
This preliminary note investigates perception bias: To what extent do individual opinions confound reality? We estimate the relative gap between self-declared estimates and real data. We asked a sample of Philippine respondents about the incidence of diabetes and smartphone usage in their...
Persistent link: https://www.econbiz.de/10012288913
Better understanding of inequality, including its relationship to governance and other key outcomes, is relevant both to academic researchers and to policy-makers. Nevertheless, efforts to establish causal relationships empirically remain hampered by the quality and availability of data,...
Persistent link: https://www.econbiz.de/10014555740
The relationship between economic development, inequality, and democratization has long been debated in the literature. Yet empirical analyses of this interplay have been limited and have yielded overall mixed and inconsistent results. This paper seeks to address this gap by examining the impact...
Persistent link: https://www.econbiz.de/10015404295
This short note presents a survey experiment in the natural resource-rich Philippine province of Occidental Mindoro. The objective is to investigate the effect of electoral cycles and payment type on people’s opinions about a hypothetical, state-led payment for ecosystem services program...
Persistent link: https://www.econbiz.de/10013216178
This paper makes two contributions: we shed light on the value of two marine ecosystemfrom the point of view of those living in them and add to the growing literature on the linksbetween the value of time and the value of non-priced goods. We show theoretically that WTP,for a small environmental...
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