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Can we do policy recommendations from a framed field experiment? The case of coca cultivation in Colombia
(2008-05-27)
Laboratory experiments are potentially effective tools for studying behavior in settings where little or no information would otherwise exist such as participation in illicit activities. However, using laboratory experiments ...
Robust Control in Global Warming Management: An Analytical Dynamic Integrated Assessment
(2009-04-17)
Knightian uncertainty in climate sensitivity is analyzed in a two sec-
toral integrated assessment model (IAM), based on an extension of
DICE. A representative household that expresses ambiguity aversion
uses robust ...
Veblens Theory of the Leisure Class Revisited: Implications for Optimal Income Taxation
(2010-08)
Almost all previous studies on public policy under relative consumption concerns have ignored the role of leisure for status comparisons. Inspired by Veblen (1899), this paper considers a two-type optimal income tax model, ...
Tax Toleration and Tax Compliance: How Government Affects the Propensity of Firms to Enter the Unofficial Economy
(2006)
How do government-supplied institutional benefits and the taxation and regulation of produc- ers affect the propensity of private firms to enter the unofficial economy and evade taxation? We propose a model in which the ...
Airline choice, switching costs and frequent flyer programs
(2004)
Switching costs are costs that customers face when switching from one firm to another. In markets such
as the airline market where repeated purchases are common, switching costs may be substantial. In this
paper we ...
Are Natural Disasters Good for Economic Growth?
(2013-02)
Natural disasters plague the populations of many countries, and the international commu-
nity often seeks to alleviate the human suffering by means of humanitarian aid. Do natural disasters also have negative effects on ...
Conditional Cooperation: Evidence for the Role of Self-Control
(2010-07)
When facing the opportunity to allocate resources between oneself and others, individuals may experience a self-control conflict between urges to act selfishly and preferences to act pro-socially. We explore the domain of ...
Competition in the Swedish Coffee Market
(2004)
It is a widespread belief that multinationals are exploiting their market power in national coffee markets by keeping consumer prices too high and thereby limiting demand for coffee beans. The purpose of this study is to ...
The Willingness to Pay-Willingness to Accept Gap Revisited: The Role of Emotions and Moral Satisfaction
(2011-04)
While many earlier studies have found that people’s maximum willingness to pay for having a good is often substantially lower than their minimum willingness to accept not having it, more recent experimental evidence suggests ...
General Properties of Expected Demand Functions: Negativity (No Giffen Good) and Homogeneity - A Descriptive Non Utility Maximizing Approach
(2010-09)
In this paper we assume that choice of commodities at the individual (household) level is made in the budget set and that the choice can be described by a probability density function. We prove that negativity (()0xExp∂<∂) ...