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Values in Welfare Economics 福利经济学的价值
Pub Date : 2021-06-01 DOI: 10.2139/ssrn.3857750
Gate Working Paper Series, Antoinette Baujard
This chapter focuses on the inner rationale and consequences of four different archetypal positions regarding how ethical and political values are tackled in welfare economics. Welfare economics is standardly associated with the welfarist framework, for which social welfare is based on individual utility only. Beyond this, we distinguish the value-neutrality claimfor which ethical values should be and are out of the scope of welfare economics-, the value confinement idealfor which ethical values are acceptable if they are minimal and consensual-, the transparency requirementfor which any ethical values may be acceptable in the welfare economics framework if explicit and formalized-, and the entanglement claimwhich challenges the very possibility of demarcation between facts and values.
本章的重点是关于如何在福利经济学中处理伦理和政治价值的四种不同的原型立场的内在原理和后果。福利经济学通常与福利主义框架联系在一起,在福利主义框架下,社会福利仅基于个人效用。除此之外,我们还区分了价值中立主张,即道德价值观应该在福利经济学的范围之外,如果道德价值观是最小的和双方同意的,那么道德价值观是可以接受的价值限制理想,透明度要求,即任何道德价值观在福利经济学框架中都是可以接受的,如果明确和形式化,以及纠缠主张,挑战事实和价值观之间界限的可能性。
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引用次数: 2
Trust, Public Institutions, and Pandemic Management: Some Evidence from the COVID-19 Pandemic in Canada 信任、公共机构和大流行管理:来自加拿大COVID-19大流行的一些证据
Pub Date : 2021-05-27 DOI: 10.2139/ssrn.3856352
Ashraf Al Zaman
The COVID-19 pandemic has reignited interest in trust in public institutions as the efficacy of public health interventions is predicated on trust in the institutions (different levels of government and health authorities). Using a unique micro-level dataset, I assess trust of Canadians in public institutions and whether it might contribute to containment of the COVID-19 pandemic. I find that on average Canadians trust their public institutions and this trust is primarily driven by social trust. However, trust in institutions is not uniform. It is strongly positively related to level of education, age, and sex. More educated, older, female Canadians are more likely to trust public institutions. However, there are significant differences across provinces as well. I provide positive evidence relating trust and flattening of the COVID-19 incidence curve. I also find that higher level of trust in public institutions significantly increases the likelihood of taking vaccines when they become available. This initial assessment of trust in containing COVID-19 indicates that policymakers should take the initiative to maintain and enhance trust to effectively implement public initiatives to curb future waves of this and other pandemics, which have significant consequences for the Canadian economy.
2019冠状病毒病大流行重新激发了人们对公共机构信任的兴趣,因为公共卫生干预措施的有效性取决于对机构(各级政府和卫生当局)的信任。使用独特的微观层面数据集,我评估了加拿大人对公共机构的信任,以及它是否可能有助于遏制COVID-19大流行。我发现加拿大人普遍信任他们的公共机构,这种信任主要是由社会信任驱动的。然而,对机构的信任并不统一。它与教育水平、年龄和性别呈正相关。受教育程度较高、年龄较大的加拿大女性更有可能信任公共机构。然而,各省之间也存在显著差异。我提供了关于信任和COVID-19发病率曲线趋平的积极证据。我还发现,对公共机构的信任程度越高,接种疫苗的可能性就越高。对遏制COVID-19信任的初步评估表明,政策制定者应主动保持和增强信任,以有效实施公共举措,遏制未来对加拿大经济产生重大影响的新冠肺炎和其他流行病浪潮。
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引用次数: 0
Pendular Voting 摆动的投票
Pub Date : 2021-05-01 DOI: 10.2139/ssrn.3856921
V. Britz, H. Gersbach
We introduce a democratic procedure with voting-based proposals called ”Pendular Voting”. It works as follows: An agenda-setter chooses a proposal meant to replace a given status quo. In the first stage, a random sample of the population votes on the proposal. The result is made public, which may reveal information about the distribution of preferences in the electorate. Depending on the outcome, a third option (next to the proposal and the status quo) is added: This option is either closer to or more distant from the status quo than the original proposal. Then, in a second stage the entire electorate expresses pairwise social preferences over the status quo, the initial proposal, and the third option. We investigate the manipulability and exploitation of this voting procedure and its welfare effects. We show that manipulation is limited or absent and that exploitation can be avoided. Regardless of whether the agenda-setter is altruistic or selfish, Pendular Voting leads to welfare gains in expectation.
我们采用以投票为基础的民主程序,称为“挂式投票”。它的工作原理如下:议程制定者选择一项旨在取代既定现状的提案。在第一阶段,随机抽取人口样本对提案进行投票。选举结果是公开的,这可能会揭示选民偏好分布的信息。根据结果,添加第三个选项(在提案和现状旁边):该选项与原始提案相比,要么更接近现状,要么更远离现状。然后,在第二阶段,整个选民对现状、最初的提议和第三个选项两两表达社会偏好。我们调查操纵和利用这一投票程序及其福利影响。我们表明,操纵是有限的或不存在的,剥削是可以避免的。无论议程制定者是利他主义还是自私主义,Pendular Voting都会导致预期的福利收益。
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引用次数: 0
Dynamic Team Contests with Complementary Efforts 动态团队竞争与互补努力
Pub Date : 2021-04-30 DOI: 10.2139/ssrn.3837688
Maria N. Arbatskaya, Hideo Konishi
In this paper, we study dynamic team contests. In the framework of a Tullock contest between two teams generating impacts according to the Cobb-Douglas effort aggregation function, we examine how equilibrium efforts and winning probabilities depend on the timing of the actions. We show that in contrast to synchronous contests, asynchronous contests with publicly observable actions do not result in the same equilibrium outcome as the one-stage contest; they are strategically unbalancing, leading to more lopsided contests. The results have implications about the design of team contests with complementary efforts.
本文研究动态团队竞赛。在根据Cobb-Douglas努力聚合函数产生影响的两个团队之间的Tullock竞赛框架中,我们研究了平衡努力和获胜概率如何依赖于行动的时间。我们发现,与同步竞赛相比,带有公开可观察行为的异步竞赛不会产生与单阶段竞赛相同的均衡结果;它们在战略上不平衡,导致更多不平衡的竞争。研究结果对团队竞赛的设计具有借鉴意义。
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引用次数: 1
Performance of Members of Parliament: An Exploratory Analysis of the 15th and 16th Lok Sabha 国会议员的表现:第十五届和第十六届人民院的探索性分析
Pub Date : 2021-03-31 DOI: 10.2139/ssrn.3904715
M. Kapoor, S. Ravi
Questioning the government by the elected representatives on the floor of the house, irrespective of political ideology, is a fundamental feature of parliamentary democracy. In this paper, using data from the 15th and 16th Lok Sabha (LS), we study the performance of Member of Parliaments (MPs) from two major political alliances: United Progressive Alliance (UPA) and the National Democratic Alliance (NDA), in terms of attendance and the number of questions asked on the floor of the house. With respect to attendance, we find that in the 15th LS, when NDA was in the opposition and the UPA formed the government, then MPs from NDA and the UPA had similar attendance (76.6% for UPA vs. 75.2% for NDA). However, in the 16th Lok Sabha when NDA formed the government and the UPA was in the opposition, then MPs from the UPA were significantly less likely to attend the parliament as compared to MPs from the NDA (75% for UPA vs. 85% for NDA). In terms of questions asked: the NDA MPs in the opposition in 15th LS asked on an average 326 questions, which was significantly higher than the average number of questions asked by MPs of the ruling alliance, the UPA, at 240. However, in the subsequent 16th LS when NDA was the ruling alliance and the UPA was in the opposition, then MPs from NDA asked on an average 266 questions, while MPs from the UPA asked on an average 293 questions, and this difference was insignificant at the 95% confidence interval. Similar analysis has been performed at the level of the political parties
议会民主的一个基本特征是,无论政治意识形态如何,在议会下院由当选的代表对政府提出质疑。在本文中,我们使用第15届和第16届人民院(LS)的数据,研究了来自两个主要政治联盟:团结进步联盟(UPA)和全国民主联盟(NDA)的国会议员(MPs)在出席率和在众议院提出的问题数量方面的表现。在出席率方面,我们发现,在第15届大选中,当全国民主联盟(NDA)是反对党,而团结进步联盟(UPA)组建政府时,全国民主联盟(NDA)和团结进步联盟(UPA)的议员出席率相似(UPA为76.6%,全国民主联盟为75.2%)。然而,在第16届人民院,当全国民主联盟组建政府,而团结进步联盟是反对党时,与全国民主联盟的议员相比,来自团结进步联盟的议员参加议会的可能性要小得多(75%的团结进步联盟和85%的全国民主联盟)。在提问方面:第15届国会中,反对党NDA议员平均提问326个问题,明显高于执政联盟UPA议员的平均提问数(240个)。然而,在随后的第16届国会中,当NDA是执政联盟,UPA是反对党时,NDA的国会议员平均提出了266个问题,而UPA的国会议员平均提出了293个问题,这一差异在95%置信区间内不显著。在政党层面也进行了类似的分析
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引用次数: 0
Peer Effects, Social Ties, and Corruption: Evidence From China 同伴效应、社会关系和腐败:来自中国的证据
Pub Date : 2021-03-11 DOI: 10.2139/ssrn.3680738
Xiangyun Shi
In this paper, I provide the first empirical analysis on peer effects in corruption using observational data. In specifications including fixed effects to control for differences across cities and colleges, and using an instrumental variable approach, I find that hometown and college ties with other officials who have been investigated for corruption are associated with significant reductions in investigation probability. Evidence supports the explanation that when anti-corruption efforts are high, being connected to a corrupt official makes one less willing to engage in corruption for fear of being implicated. Such act of ``drawing the line against the `problematic' politicians'' is deeply rooted in contemporary Chinese political culture. I structurally estimate a networked game-theoretic model, and the estimates also indicate that such spillover of investigations is the major mechanism at play. Counterfactual analysis implies that corruption decreases as the network becomes denser, and as the level of corruption detection or punishment increases.
在本文中,我首次使用观测数据对腐败中的同伴效应进行了实证分析。在包含固定效应以控制城市和大学之间差异的规范中,并使用工具变量方法,我发现家乡和大学与其他因腐败而被调查的官员的关系与调查概率的显着降低相关。证据支持这样一种解释:当反腐败力度加大时,与腐败官员有关联的人会因为害怕被牵连而不太愿意参与腐败。这种“与‘问题’政客划清界限”的行为深深植根于当代中国的政治文化。我从结构上估计了一个网络博弈论模型,估计也表明这种调查的溢出是起作用的主要机制。反事实分析表明,随着网络变得更加密集,腐败侦查或惩罚水平的提高,腐败就会减少。
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引用次数: 4
Campaign Finance in the Age of Super PACs 超级政治行动委员会时代的竞选资金
Pub Date : 2021-02-28 DOI: 10.2139/ssrn.3794817
Christian Cox
The United States Supreme Court 2010 decision in Citizens United v. Federal Election Commission led to a major de-regulation of election campaign finance law. A new political action committee emerged from this case, known as the Super PAC, with a relatively unfettered ability to raise and spend money in elections. How were campaign spending and electoral outcomes affected? I characterize the influence of Super PACs on U.S. Congressional general and primary elections by estimating an election contest model. I exploit variation in donor finances, background information on candidates, and the dynamic model structure to deal with candidate unobservables. Results indicate that Super PACs do not have significant influence on voting outcomes but did increase election spending between 2010-2016. They affect behavior of other committees, with differences across political party and incumbency status. Finally, Super PACs have modest effects on candidate platforms and entry.
2010年,美国最高法院在“联合公民诉联邦选举委员会”一案中作出的裁决导致了对竞选财务法的重大放松管制。从此案中诞生了一个新的政治行动委员会,被称为超级政治行动委员会(Super PAC),它在选举中筹集和支出资金的能力相对不受限制。竞选支出和选举结果是如何受到影响的?我通过估算选举竞赛模型来描述超级政治行动委员会对美国国会大选和初选的影响。我利用捐助者资金的变化、候选人的背景信息和动态模型结构来处理候选人的不可观察性。结果表明,超级政治行动委员会对投票结果没有显著影响,但确实增加了2010-2016年的选举支出。它们会影响其他委员会的行为,并因政党和在任者身份的不同而存在差异。最后,超级政治行动委员会对候选人的政纲和参选影响不大。
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引用次数: 4
Understanding Experimentation and Implementation: A Case Study of China’s Government Transparency Policy 理解实验与实施:以中国政府透明度政策为例
Pub Date : 2021-02-22 DOI: 10.2139/ssrn.3790199
Jieun Kim, K. O’Brien
Studies of local governance in China often point to nimble experimentation but problematic implementation. To reconcile these competing images, it is useful to clarify the concepts of experimentation and implementation and see how they unfolded in one policy area. The history of China’s Open Government Information (OGI) initiative shows that the experimentation stage sometimes proceeds well and produces new policy options, but may falter if local leaders are unwilling to carry out an experiment. And the implementation stage often poses challenges, but may improve if the Center initiates new, small-scale experiments and encourages local innovation. This suggests that the experimentation and implementation stages are not so different when officials in Beijing and the localities have diverging interests and the Center is more supportive of a measure than local officials. The ups and downs of OGI, and also village elections, can be traced to the policy goal of monitoring local cadres, the central-local divide, and the pattern of support and opposition within the state.
对中国地方治理的研究往往指向灵活的实验,但执行起来却存在问题。为了调和这些相互矛盾的形象,有必要澄清实验和实施的概念,看看它们是如何在一个政策领域展开的。中国政府信息公开(OGI)的历史表明,试验阶段有时进展顺利,并产生新的政策选择,但如果地方领导人不愿进行试验,可能会陷入困境。实施阶段往往会遇到挑战,但如果中心发起新的小规模实验并鼓励地方创新,可能会有所改善。这表明,当中央和地方官员的利益存在分歧,中央比地方官员更支持一项措施时,实验和实施阶段的差别并不大。OGI和村选举的起起落落可以追溯到监督地方干部的政策目标、中央和地方的分歧以及国家内部支持和反对的模式。
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引用次数: 2
Quasi-Merit Goods: The Concept and a Case Study of Private Bank Deposits 准价值商品:私人银行存款的概念与案例研究
Pub Date : 2021-02-16 DOI: 10.2139/ssrn.3786494
A. Vernikov
Relying on the merit goods concept developed by Richard A. Musgrave, this paper introduces the notion of quasi-merit good. The criteria of eligibility for merit goods are vague. Quasi-merit good constitutes a special case where government protection and sponsorship are obtained via public choice influenced by special interests or a misconception. I claim that private bank deposits are a quasi-merit good meant to satisfy the public want of bank stability and uninterrupted supply of household savings into the financial system. Bank stakeholders join with other social and political groups to demand government intervention. It becomes institutionalized in the shape of a government-backed deposit protection scheme that ‘nudges’ depositors to act in a desirable way. Government assumes an implicit liability under deposit guarantee, but may be required to inject public funds to keep the scheme running. Deposit protection has distributional effects: welfare is redistributed in favor of special interests. Its premature enactment generates massive moral hazard among depositors and bankers.
本文在Richard A. Musgrave提出的价值商品概念的基础上,引入了准价值商品的概念。优质商品的资格标准是模糊的。准价值商品是在特殊利益或误解的影响下,通过公共选择获得政府保护和赞助的特殊情况。我声称,私人银行存款是一种准功绩商品,旨在满足公众对银行稳定和不间断地向金融体系提供家庭储蓄的需求。银行利益相关者联合其他社会和政治团体要求政府干预。它以政府支持的存款保护计划的形式变得制度化,该计划“推动”储户以可取的方式行事。政府在存款担保下承担隐性责任,但可能需要注入公共资金以维持该计划的运行。存款保护具有分配效应:福利被重新分配,有利于特殊利益群体。它的过早颁布在存款人和银行家中造成了巨大的道德风险。
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引用次数: 0
Hiding Filthy Lucre in Plain Sight: Theory and Identification of Business-Based Money Laundering 将不义之财隐藏在明处:商业洗钱的理论与认定
Pub Date : 2021-02-09 DOI: 10.2139/ssrn.3782703
K. Maskus, Alessandro Peri, A. Rubinchik
Proceeds from illicit activities percolate into the legal economy through several channels. We exploit international regulations targeting money laundering via the financial sector to identify the flows of “dirty money” into legitimate establishments: business-based money laundering (BBML). Our variant of the monopolistic competition model embeds a drug cartel that channels illicit proceeds into an offshore financial investment and into BBML. Tighter regulations in one channel increase the flow in the other. We use a research design that links U.S. county business activity to the evolution of anti-money-laundering regulations in Caribbean jurisdictions to provide the first empirical evidence of the phenomenon.
非法活动的收益通过几个渠道渗透到合法经济中。我们利用针对通过金融部门洗钱的国际法规来识别“脏钱”流入合法机构:基于商业的洗钱(BBML)。我们的垄断竞争模型变体中嵌入了一个贩毒集团,该集团将非法收益引入离岸金融投资和BBML。一个通道的严格管制增加了另一个通道的流量。我们采用了一种研究设计,将美国县商业活动与加勒比地区反洗钱法规的演变联系起来,为这一现象提供了第一个经验证据。
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引用次数: 0
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Public Choice: Analysis of Collective Decision-Making eJournal
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