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作者：Gunnthorsdottir, Anna; Vragov, Roumen; Seifert, Stefan; McCabe, Kevin
作者单位：University of New South Wales Sydney; Helmholtz Association; Karlsruhe Institute of Technology; George Mason University
摘要：We examine theoretically and experimentally how competitive contribution-based group formation affects incentives to free-ride. We introduce a new formal model of social production, called a Group-based Meritocracy Mechanism (GBM), which extends the single-group-level analysis of a Voluntary Contribution Mechanism (VCM) to multiple groups. In a GBM individuals are ranked according to their group contributions. Based on this ranking, participants are then partitioned into equal-sized groups. Me...
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作者：Wendner, Ronald
作者单位：University of Graz
摘要：This paper investigates household decisions in an overlapping generations model in which individual utility depends on a weighted average of consumption of one's peers. In contrast to representative agent economies, the consumption externality generally affects savings and growth rates. The effects critically depend on the rate at which labor productivity changes with age. For a high (low) rate, the externality lowers (raises) the steady state propensity to consume out of total wealth. The opt...
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作者：Ferreira, Fernando
作者单位：University of Pennsylvania
摘要：The endogeneity of prices has long been recognized as the main identification problem in the estimation of marginal willingness to pay (MWTP) for the characteristics of a given product. This issue is particularly important in the housing market, since a number of housing and neighborhood features are unobserved by the econometrician. This paper proposes the use of a well defined type of transaction costs-moving costs generated by property tax laws-to deal with this type of omitted variable bia...
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作者：Bertrand, Marianne; Hanna, Rema; Mullainathan, Sendhil
作者单位：National Bureau of Economic Research; University of Chicago; Harvard University
摘要：This paper examines an affirmative action program for lower-caste groups in engineering colleges in India We Study both the targeting properties of the program, and its implications for labor market outcomes We find that affirmative action successfully targets the financially disadvantaged the Upper-caste applicants that are displaced by affirmative action come from a richer economic background than the lower-caste applicants that are displacing them Targeting by caste, however, may lead to th...
