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Registros recuperados: 8
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The Value of Private Risk Versus the Value of Public Risk: An Experimental Analysis of the Johannesson et al. Conjecture AgEcon
Messer, Kent D.; Poe, Gregory L.; Schulze, William D..
In 1996 Johannesson et al. published a paper in this journal entitled “The Value of Private Safety versus the Value of Public Safety.” Based on preliminary evidence from a hypothetical contingent valuation study, these authors argue that consumers behave as “pure altruists” and reject the notion of paternalistic preferences for safety in a coercive tax setting. These pure altruists consider the cost of a program that might be imposed on other voters when they decide whether to vote for or against public safety programs. The authors conclude that further empirical research in this area is warranted. This paper presents a set of laboratory economics experiments to test Johannesson et al.’s conjecture under controlled conditions in which participants face an...
Tipo: Working or Discussion Paper Palavras-chave: Altruism; Risk; Voting; Public goods; Research Methods/ Statistical Methods; Risk and Uncertainty; D81; D64; H41; C91; C92; D72.
Ano: 2008 URL: http://purl.umn.edu/51141
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Economic Uncertainties in Valuing Reductions in Children's Environmental Health Risks AgEcon
Hoffmann, Sandra A.; Krupnick, Alan J.; Adamowicz, Wiktor L..
The recognition that environmental hazards can affect children differently and more severely than adults has provoked growing concern in industrialized nations about the impact of environmental pollution on children's health. In this paper, commissioned by the OECD, we are charged with examining "economic uncertainties" associated with valuing the benefits of environmental policies that reduce risk to children's health. We examine two sources of uncertainty in benefits estimation: forecasting uncertainty and modeling uncertainty. We explore how these sources of uncertainty affect the use of standard economic and non-economic approaches to the valuation of health benefits. These include willingness-to-pay measures, cost-of-illness and human-capital...
Tipo: Working or Discussion Paper Palavras-chave: Willingness to pay; QALY; Children; Social welfare function; Health valuation; Environmental health; Household behavior; Environmental Economics and Policy; Q51; I18; I1; J17; D13; D6; D63; D64.
Ano: 2005 URL: http://purl.umn.edu/10722
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Social Preferences and Voting: An Exploration Using a Novel Preference Revealing Mechanism AgEcon
Messer, Kent D.; Poe, Gregory L.; Rondeau, Daniel; Schulze, William D.; Vossler, Christian A..
Public referenda are frequently used to determine the provision of public goods. As public programs have distributional consequences, a compelling question is what role if any social preferences have on voting behavior. This paper explores this issue using laboratory experiments wherein voting outcomes lead to a known distribution of net benefits across participants. Preferences are elicited using a novel Random Price Voting Mechanism (RPVM), which is a more parsimonious mechanism than dichotomous choice referenda, but gives consistent results. Results suggest that social preferences, in particular a social efficiency motive, lead to economically meaningful deviations from self-interested voting choices and increase the likelihood that welfare-enhancing...
Tipo: Working or Discussion Paper Palavras-chave: Institutional and Behavioral Economics; Research Methods/ Statistical Methods; C91; C92; D64; D72; H41.
Ano: 2008 URL: http://purl.umn.edu/51132
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Individual and Corporate Social Responsibility AgEcon
Benabou, Roland; Tirole, Jean.
Society’s demands for individual and corporate social responsibility as an alternative response to market and distributive failures are becoming increasingly prominent. We first draw on recent developments in the “psychology and economics” of prosocial behavior to shed light on this trend, which reflects a complex interplay of genuine altruism, social or self image concerns, and material incentives. We then link individual concerns to corporate social responsibility, contrasting three possible understandings of the term: the adoption of a more long-term perspective by firms, the delegated exercise of prosocial behavior on behalf of stakeholders, and insider-initiated corporate philanthropy. For both individuals and firms we discuss the benefits, costs and...
Tipo: Working or Discussion Paper Palavras-chave: Corporate Social Responsibility; Socially Responsible Investment; Image Concerns; Shareholder Value; Institutional and Behavioral Economics; D64; D78; H41; L31.
Ano: 2010 URL: http://purl.umn.edu/59753
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Hey Look at Me: The Effect of Giving Circles on Giving AgEcon
Karlan, Dean S.; McConnell, Margaret.
Theories abound for why individuals give to charity. We conduct a field experiment with donors to a Yale University service club to test the impact of a promise of public recognition on giving. Some may claim that they respond to an offer of public recognition not to improve their social standing, but rather to motivate others to give. To tease apart these two theories, we conduct a laboratory experiment with undergraduates, and found no evidence to support the alternative, altruistic motivation. We conclude that charitable gifts increase in response to the promise of public recognition primarily because of individuals' desire to improve their social image.
Tipo: Working Paper Palavras-chave: Prosocial behavior; Experiments; Voluntary contributions; Financial Economics; Public Economics; D64; C90; L30.
Ano: 2012 URL: http://purl.umn.edu/121670
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Environmental Participation and Environmental Motivation AgEcon
Torgler, Benno; Garcia-Valinas, Maria A.; Macintyre, Alison.
We explore whether environmental motivation affects environmental behavior by focusing on volunteering. The paper first introduces a theoretical model of volunteering in environmental organizations. In a next step, it tests the hypothesis working with a large micro data set covering 32 countries from both Western and Eastern Europe using several different proxies to measure environmental motivation. Our results indicate that environmental motivation has a strong impact on individuals’ voluntary engagement in environmental organizations. A higher level of environmental motivation due to higher environmental moral standards may lead to a stronger voluntary involvement in environmental organizations.
Tipo: Working or Discussion Paper Palavras-chave: Environmental Participation; Environmental Motivation; Environmental Morale; Pro-environmental Attitudes; Social Capital; Environmental Economics and Policy; D11; H41; H26; H73; D64.
Ano: 2008 URL: http://purl.umn.edu/46652
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Motives for Household Private Transfers in Burkina Faso AgEcon
Kazianga, Harounan.
Resource transfers among households have received considerable interest among economists in recent years. Two of the main reasons for the surge of interest in household transfers are the information on human nature conveyed by transfer behavior and the implication on income redistribution policy that private transfer might have. Empirical studies, however, provide mixed results on transfer behavior. This is because previous inquiries were confronted with several estimation issues and have focused on data from developed countries where private transfers are already small. This paper contributes to the literature on transfer behavior by using a multifaceted econometric approach to examine the motives of household transfers in Burkina, a low-income country...
Tipo: Working or Discussion Paper Palavras-chave: Private transfers; Altruism; Exchanges; Risk sharing; Consumer/Household Economics; D63; D64; I15; I30.
Ano: 2004 URL: http://purl.umn.edu/28463
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Motives for sharing in social networks AgEcon
Ligon, Ethan; Schechter, Laura.
What motivates people in rural villages to share? We first elicit a baseline level of sharing using a standard, anonymous dictator game. Then using variants of the dictator game that allow for either revealing the dictator's identity or allowing the dictator to choose the recipient, we attribute variation in sharing to three different motives. The first of these, directed altruism, is related to preferences, while the remaining two are incentive-related (sanctions and reciprocity). We observe high average levels of sharing in our baseline treatment, while variation across individuals depends importantly on the incentive-related motives. Finally, variation in measured reciprocity within the experiment predicts observed `real-world' gift-giving, while...
Tipo: Working Paper Palavras-chave: Community/Rural/Urban Development; Political Economy; Teaching/Communication/Extension/Profession; C92; C93; D03; D64; D85; O17.
Ano: 2011 URL: http://purl.umn.edu/120376
Registros recuperados: 8
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