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作者：Harstad, Bard
作者单位：Northwestern University
摘要：The selection of political representatives depends on the political system Principals, such as voters or districts. may benefit by strategically electing representatives different from themselves While a status-quo biased delegate may be a better negotiator, an enthusiastic representative has a better chance of being Included in the majority coalition A larger majority requirement leads to conservative delegation an hence a Status quo bias, a poor minority protection does the opposite Through ...
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作者：Bauernschuster, Stefan; Duersch, Peter; Oechssler, Joerg; Vadovic, Radovan
作者单位：Ruprecht Karls University Heidelberg; Leibniz Association; Ifo Institut; Instituto Tecnologico Autonomo de Mexico
摘要：The question whether a minimum rate of sick pay should be mandated is much debated. We study the effects of this kind of intervention with student subjects in an experimental laboratory setting rich enough to allow for moral hazard, adverse selection, and crowding out of good intentions. Both wages and replacement rates offered by competing employers are reciprocated by workers. However, replacement rates are only reciprocated as long as no minimum level is mandated. Although we observe advers...
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作者：Edgerton, Jesse
作者单位：Federal Reserve System - USA; Federal Reserve System Board of Governors
摘要：Recent facts on the importance of corporate losses motivate more careful study of the impact of tax incentives for investment on firms that lose money. I model firm investment decisions in a setting featuring financing constraints and carrybacks and carryforwards of operating losses. I estimate investment responses to tax incentives allowing effects to vary with cash flows and taxable status. Results suggest that asymmetries in the corporate tax code could have made recent bonus depreciation t...
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作者：Cason, Timothy N.; Masters, William A.; Sheremeta, Roman M.
作者单位：Purdue University System; Purdue University; Purdue University System; Purdue University; Chapman University System; Chapman University
摘要：This experiment compares the performance of two contest designs: a standard winner-take-all tournament with a single fixed prize, and a novel proportional-payment design in which that same prize is divided among contestants by their share of total achievement. We find that proportional prizes elicit more entry and more total achievement than the winner-take-all tournament. The proportional-prize contest performs better by limiting the degree to which heterogeneity among contestants discourages...
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作者：Azmat, Ghazala; Iriberri, Nagore
作者单位：Pompeu Fabra University; Barcelona School of Economics
摘要：We study the effect of providing relative performance feedback information on performance, when individuals are rewarded according to their absolute performance. A natural experiment that took place in a high school offers an unusual opportunity to test this effect in a real-effort setting. For one year only, students received information that allowed them to know whether they were performing above (below) the class average as well as the distance from this average. We exploit a rich panel dat...
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作者：De Paola, Maria; Scoppa, Vincenzo; Lombardo, Rosetta
作者单位：University of Calabria
摘要：In this paper, we analyze the effect of gender quotas on women's involvement in political activity by using a rich data set providing information on all Italian local administrators who were elected from 1985 to 2007. Gender quotas were introduced by law in Italy in 1993 and were in force until 1995. Because of the short period covered by the reform, some municipalities never voted under the gender quota regime. This allows us to identify a treatment and a control group and to estimate the eff...
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作者：Krawczyk, Michal
作者单位：University of Amsterdam
摘要：This study is an experimental investigation into preference for redistribution of income it had been hypothesized that (belief in) equality of Opportunity in I society diminishes support for the welfare state This Could potentially explain the low taxes and social benefits in the United States vis-a-vis Europe To verify this hypothesis, participants in an experiment were assigned different Probabilities of Winning and matched in groups of four. Next, before finding Out who would actually win, ...
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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...
