| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP5359 |
| DP5359 The Impact of Parental Income and Education on the Health of their Children | |
| Ian Walker; Colm Harmon; Orla Doyle | |
| 发表日期 | 2005-12-05 |
| 出版年 | 2005 |
| 语种 | 英语 |
| 摘要 | We report on several experiments on the optimal allocation of ownership rights. The experiments confirm the property rights approach by showing that the ownership structure affects relationship-specific investments and that subjects attain the most efficient ownership allocation despite starting from different initial conditions. However, in contrast to the property rights approach, the most efficient ownership structure is joint ownership. These results are neither consistent with the self-interest model nor with models that assume that all people behave fairly, but they can be explained by the theory of inequity aversion that focuses on the interaction between selfish and fair players. |
| 主题 | Industrial Organization |
| 关键词 | Ownership rights Double moral hazard Fairness Reciprocity Incomplete contracts |
| URL | https://cepr.org/publications/dp5359 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534246 |
| 推荐引用方式 GB/T 7714 | Ian Walker,Colm Harmon,Orla Doyle. DP5359 The Impact of Parental Income and Education on the Health of their Children. 2005. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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