-
作者：Nitzan, Shmuel; Ueda, Kaoru
作者单位：Bar Ilan University
摘要：This paper focuses on collective contests for commons and club goods. Our main objective is to examine in this context the effect of group size on its performance. The main results specify conditions for the existence (non-existence) of the group-size paradox, namely, the situation where a larger group is less (more) effective in pursuing its interest because of (despite) the combined effect of the incentives that result in the free-riding problem and the tragedy of the commons. The paper also...
-
作者：Courtemanche, Charles; He, Daifeng
作者单位：Washington University (WUSTL); University of North Carolina; University of North Carolina Greensboro
摘要：This paper studies the impact of the tax incentive prescribed in the Health Insurance Portability and Accountability Act of 1996 (HIPAA) on individuals' long-term care insurance purchasing behavior. Using data from the Health and Retirement Study, we find that the tax incentive in HIPAA increased the take-up rate of private LTC insurance by 3.3 percentage points, or 25%, for those eligible. Despite this seemingly strong response, our results imply that even an above the-line tax deduction woul...
-
作者：Birchenall, Javier A.; Soares, Rodrigo R.
作者单位：University of California System; University of California Santa Barbara
摘要：This paper accounts for the value of children and future generations in the evaluation of health policies. This is achieved through the incorporation of altruism and fertility in a value of life type of framework. We are able to express adults' willingness to pay for changes in child mortality and also to incorporate the welfare of future generations in the evaluation of current policies. Our model clarifies a series of puzzles from the literature on the value of life and on intergenerational ...
-
作者：Korinek, Anton; Stiglitz, Joseph E.
作者单位：University System of Maryland; University of Maryland College Park; Columbia University
摘要：We analyze the effects of changes in dividend tax policy using a life-cycle model of the firm, in which new firms first access equity markets, then grow internally, and finally pay dividends when they have reached steady state. We find that unanticipated permanent changes in tax rates have only small effects on aggregate investment, since macroeconomic dynamics are dominated by mature firms for which dividend taxation is not distortionary. Anticipated or temporary dividend tax changes, on the ...
-
作者：Fan, C. Simon; Lin, Chen; Treisman, Daniel
作者单位：University of California System; University of California Los Angeles; City University of Hong Kong; Lingnan University
摘要：How does political decentralization affect the frequency and costliness of bribe extraction by corrupt officials? Previous empirical studies, using subjective indexes of perceived corruption and mostly fiscal indicators of decentralization, have suggested conflicting conclusions. In search of more precise findings, we combine and explore two new data sources-an original cross-national data set on particular types of decentralization and the results of a firm level survey conducted in 80 countr...
-
作者：Evans, Mary F.; Vossler, Christian A.; Flores, Nicholas E.
作者单位：University of Tennessee System; University of Tennessee Knoxville; University of Tennessee System; University of Tennessee Knoxville; University of Tennessee System; University of Tennessee Knoxville; University of Colorado System; University of Colorado Boulder; University of Colorado System; University of Colorado Boulder
摘要：Motivated by efficiency and equity concerns, public resource managers have increasingly utilized hybrid allocation mechanisms that combine features of commonly used price (e.g., auction) and non-price (e.g., lottery) mechanisms. This study serves as an initial investigation of these hybrid mechanisms, exploring theoretically and experimentally how the opportunity to obtain a homogeneous good in a subsequent lottery affects Nash equilibrium bids in discriminative and uniform price auctions. The...
