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作者：Prendergast, C
作者单位：University of Chicago; National Bureau of Economic Research
摘要：Consumers solve many agency problems, by pointing out when they believe that agelits have made mistakes. I consider the role that consumers play in inducing efficient behaviour by. agents. I distinguish case, where consumers have. similar preferences to the principal from those where they diverge. In the former case, allowing consumer feedback improves allocaticons, and increasing consumer information is unambiguously beneficial. Where consumers disagree with principals over desired outcomers ...
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作者：Fehr, E; Fischbacher, U
作者单位：University of Zurich
摘要：A substantial number of people exhibit social preferences. which means they art not solely motivated 1), material self-interest but also care positively or negatively for the material payoffs of relevant reference agents. We show empirically that economists fail to understand fundamental economic questions when they disregard social preferences, in particular. that without taking social preferences into account, it is not possible to understand adequately (i) effects of competition on market o...
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作者：Castello, A; Doménech, R
作者单位：Universitat Jaume I; University of Valencia
摘要：This paper provides new measures of human capital inequality for a broad Panel of countries. Taking attainment levels from Barro and Lee (2001), we compute Gini coefficients and the distribution of education by quintiles for 108 countries over five-year intervals from 1960 to 2000. Using this new cross-country data on human capital inequality two main conclusions are obtained. First, most countries in the world have tended to reduce the inequality in human capital distribution. Second, human c...
