In Chapter 1, we show that imperfect substitutability in the indirect utility function can lead to the disparity either between WTA and WTP-due to the opportunity loss-or between gains …
Social interactions may encourage the cooperative behaviours by triggering either self- image concerns (when one sees others' decisions without being seen) or social-image …
This paper compares guilt alleviation and competition for social status in the private provision of a public good. When agents are intrinsically impulsed, that is, they mostly …