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Persistent link: https://www.econbiz.de/10011809272
A standard justification for state intervention and regulation is the market failure known as public goods. Assuming the private market cannot appropriately react to the true demand for public goods, the regulator must decide which goods to supply and in what quantity. A regulator wishing to...
Persistent link: https://www.econbiz.de/10014219707
Departures from self-interest in economic experiments have recently inspired models of ?social preferences?. We design a range of simple experimental games that test these theories more directly than existing experiments. Our experiments show that subjects are more concerned with increasing...
Persistent link: https://www.econbiz.de/10014159132
In a convincing analysis of the conditions and strength of altruism, Bester and Guth [Journal of Economic Behavior & Organization, Vol. 34, 1998, 193-209] unfortunately restrict the interpretation of their results. Their paper provides us with an analysis of the conditions and strength of...
Persistent link: https://www.econbiz.de/10014141317
The life satisfaction literature generally focuses on how life events affect subjective well-being. Through a contingent valuation survey we test whether well-being preferences have significant impact on life satisfaction. A sample of respondents is asked to simulate a policymaker decision...
Persistent link: https://www.econbiz.de/10014143256
Charitable donations provide positive externalities and can potentially be increased with an understanding of donor preferences. We obtain a uniquely comprehensive characterization of donation motives using an experiment that varies treatments between and within subject. Donations are increasing...
Persistent link: https://www.econbiz.de/10012892086
There is much debate as to why economics students display more self-interested behavior than other students: whether homo economicus self-select into economics or students are instead “indoctrinated” by economics learning, and whether these effects impact on preferences or beliefs about...
Persistent link: https://www.econbiz.de/10013238389
Economists have traditionally treated preferences as exogenously given. Preferences are assumed to be influenced by neither beliefs nor the constraints people face. As a consequence, changes in behaviour are explained exclusively in terms of changes in the set of feasible alternatives. Here we...
Persistent link: https://www.econbiz.de/10013120848
Economists have traditionally treated preferences as exogenously given. Preferences are assumed to be influenced by neither beliefs nor the constraints people face. As a consequence, changes in behaviour are explained exclusively in terms of changes in the set of feasible alternatives. Here we...
Persistent link: https://www.econbiz.de/10009315466
Persistent link: https://www.econbiz.de/10009492047