We use lab experiments to study policies that address common pool resource overuse. We look at a price mechanism, specifically a Pigouvian subsidy, and four non-price interventions. The non-price policies are information alone, information with a normative message, communication alone, and normative messages with communication allowed. In all experiment sessions, no intervention occurs in the f...

Developing countries have embarked on the promotion of “ICT access for all” through subsidized Information and Communication Technologies (ICTs), especially in underserviced areas of such countries. The main aim of the “ICT access for all” is to extend the communication services to the large areas of underserviced regions through subsidized communication services. In some instances, subsidies m...

This study analyzes the efficiency of small and medium-sized enterprises (SMEs) of a national technology innovation research and development (R&D) program. In particular, an empirical analysis is presented that aims to answer the following question: "Is there a difference in the efficiency between R&D collaboration types and between government R&D subsidy sizes?" Methodologically, the efficienc...

We consider a closed, constant-technology, capital-resource economy with resource stock amenity value, which would otherwise aim for conventionally, PV-optimal development that maximises the present value of utility using a constant discount rate. In this economy, we calculate the decentralised policy instruments needed to achieve continuously zero net investment, and hence (by Hartwick’s rule)...

This paper is a brief for the introduction of a subsidy to any qualified firm for its use of low-wage employees as a means to reduce the unemployment and raise the pay of disadvantaged workers. There would be a case for such a wage subsidy in all the advanced market economies, and certainly the American one, regardless of recent trends. The case has grown stronger, however, with the worsening o...

Most people in the United States purchase health insurance through their employer due to the tax subsidy on employer-provided health insurance premiums. A large literature has developed that looks at impact of reductions in this tax subsidy. Recent papers tend to focus on changes in offers, eligibility, and take-up as a result of changes in the tax subsidy. One might consider these as changes a...

A model which explains national-level house price appreciation through utility maximization by rational voters is developed and tested using a global sample of 40 democracies, in order to explain why some countries experienced house price bubbles in the past decade and others did not. In the model, a subsidy funded by a tax on all citizens can be provided to home buyers. The subsidy leads to an...

We study a supply chain in which a consumer goods manufacturer sells its product through a retailer. The retailer undertakes promotional expenditures, such as advertising, to increase sales and to compete against other retailer(s). The manufacturer supports the retailer’s promotional expenditure through a cooperative advertising program by reimbursing a portion (called the subsidy rate) of the ...

This paper presents a model that calculates the social welfare benefits of using additional subsidy to reduce fare levels or improve service levels of public transit in Chicago. The model differentiates between the effects in peak and off-peak periods for both bus and rapid rail service. The potential welfare benefits of transit improvements accrue to several different groups of people: (1) exi...

The Geographic Accessibility of Child Care Subsidies and Evidence on the Impact of Subsidy Receipt on Childhood Obesity This paper examines the impact of the spatial accessibility of public human services agencies on the likelihood of receiving a child care subsidy among disadvantaged mothers with young children. In particular, we collect data on the location of virtually every human services a...