作者：Azmat, Ghazala
作者单位：Institut d'Etudes Politiques Paris (Sciences Po); University of London; London School Economics & Political Science
摘要：Tax credits are a popular way to alleviate in-work poverty. A common empirical assumption is that the benefit of the tax credit is borne solely by the claimant workers. However, economic theory suggests no particular reason why this should be the case. This paper investigates the impact of the Working Families' Tax Credit, introduced in the UK in 1999, on wages. Unlike similar tax credit policies, this tax credit was paid through employers rather than directly to workers, making it more salien...
作者：Freeman, David J.; Halevy, Yoram; Kneeland, Terri
作者单位：Simon Fraser University; University of Toronto; University of London; University College London
摘要：We study the effect of embedding pairwise choices between lotteries within a choice list on measured risk attitude. Using an experiment with online workers, we find that subjects choose the risky lottery rather than a sure payment significantly more often when responding to a choice list. This behavior can be rationalized by the interaction between nonexpected utility and the random incentive system, as suggested by Karni and Safra ().
