This study relaxes the assumption of perfect and costless policy enforcement found in traditional agricultural policy analysis and introduces enforcement costs and cheating into the economic analysis of output subsidies. Policy design and implementation is modeled in this paper as a sequential game between the regulator who decides on the level of intervention, an enforcement agency that determ...

Poor communities sometimes resist private investment and destroy economic surplus even if the government has the willingness and ability to redistribute. We interpret such acts of resistance as demands for redistribution: Destruction contains credible information about how affected groups value surplus, which helps the government in implementing the optimal redistribution policy. Destruction is...

We develop a theoretical model of the ethical preferences of individuals, combining individual social welfare functions and random utility theory. The model is applied by conducting a choice experiment regarding safety-enhancing road investments that target different age groups and road user types. The relative value of a saved life is found to decrease with age, such that the present value of ...

This review of social welfare expenditures in the United States carries forward the data and analyses on trends in Federal, State, and local government spending that have been presented in the Bulletin beginning in 1951.1 Data for theJisca1 year 1955-56 and some estimates going back to 1890 are given in the article, which also discusses some of the reasons for including or excluding certain ite...

Since its creation, New York State Office of Children and Family Services (OCFS) has used child and family development research to bridge the chasm between child welfare and juvenile justice policy and practice. OCFS's major challenges have been to help the staff and stakeholders of the merged child welfare and juvenile justice agencies develop a common culture and design new financial and prog...

We consider a multimarket framework where a set of firms compete on two interrelated oligopolistic markets. Prior to competing in these markets, firms can spy on others in order to increase the quality of their product. We characterize the equilibrium espionage networks and networks that maximize social welfare under the most interesting scenario of diseconomies of scope. We find that in some s...

Adopting a zonal structure of electricity market requires specification of zones’ borders. In this paper we use social welfare as the measure to assess quality of various zonal divisions. The social welfare is calculated by Market Coupling algorithm. The analyzed divisions are found by the usage of extended Locational Marginal Prices (LMP) methodology presented in paper [1], which takes into ac...

In applied welfare economics, equivalence scales for household composition and size corrections, and appropriate price de‡ators are minimum requirements to perform interhousehold comparisons of welfare, measured via household income or consumption information. In practice, the information available is insu¢cient and only approximate price or household composition corrections are available. Pove...

A problem of the provision of a discrete public good is considered. All members in the society are homogeneous and they decide simultaneously whether to contribute to the provision. Contribution cost per person is …xed and non-refundable. Because of the free-rider problem, ine¢ ciency in the provision is inevitable, even in the most e¢ cient symmetric Nash equilibrium. However, when we add a pr...

Zoological institutions strive to ensure the welfare of nonhuman animals in captivity. Part of this effort involves reducing the level of distress experienced by an animal to the greatest extent possible. However, some necessary zoo management practices such as transportation induce stress responses. An extensive literature exists concerning the animal welfare implications of road transportatio...