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Now showing items 31-40 of 73
Optimal Prosocial Nudging
(2019-04)
While nudges are still mostly associated with affecting individual choices for their own long-run interest, i.e. dealing with internalities, they are increasingly used in order to reduce externalities, such as environmental ...
Discounting and Relative Consumption
(2013-03)
We analyze optimal social discount rates when people derive utility from relative consumption. We compare the social, private, and conventional Ramsey rates. Assuming a positive growth rate, we find that 1) the social ...
Redistribution through Charity and Optimal Taxation when People are Concerned with Social Status
(2016-01)
This paper deals with tax policy responses to charitable giving based on a model of optimal
redistributive income taxation. The major contribution is the simultaneous treatment of (i)
warm-glow and stigma effects of ...
State-Variable Public Goods and Social Comparisons over Time
(2013-02)
The optimal provision of a state-variable public good, where the global climate is the prime example, is analyzed in a model where people care about their relative consumption. We consider both keeping-up-with-the-Joneses ...
Social Comparisons and Optimal Taxation in a Small Open Economy
(2016-05)
Almost all previous studies on optimal taxation and status consumption are based on closed
model-economies. This paper analyzes how international capital mobility – which may
constrain the use of capital income taxation ...
Global environmental problems, efficiency and limited altruism
(2004)
Global environmental problems are often assumed to imply extensive inefficiencies since there is no global authority corresponding to the government at a national level. This paper shows, on the contrary, that rich countries ...
Keeping others in our mind or in our heart? Distribution games under cognitive load
(2014-06)
It has recently been argued that giving is spontaneous while greed is calculated (Rand et al. 2012). If greed is calculated we would expect that cognitive load, which is assumed to reduce
the influence of cognitive ...
Self-Image and Valuation of Moral Goods: Stated versus Real Willingness to Pay
(2011-01)
Hypothetical bias in stated-preference methods appears sometimes to be very large, and other times non-existent. This is here largely explained by a model where people derive utility from a positive self-image associated ...
THE VALUE OF RISK-FREE CIGARETTES - DO SMOKERS UNDERESTIMATE THE RISK?
(2001)
The health risk of smoking is valued using the contingent valuation method, applied to a Swedish
sample of smokers. The respondents were asked to put a value on newly developed cigarettes
with no associated health risks. ...
Are people inequality averse or just risk averse?
(2001)
Individuals' preferences for risk and inequality are measured through experimental choices between hypothetical societies and lotteries. The median relative risk aversion, which is often seen to reflect social inequality ...