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Tax Evasion and Competition
Goerke, Laszlo; Runkel, Marco - 2021
Using a Cournot oligopoly model with an endogenous number of firms and evasion of indirect taxes, this paper shows that …
Persistent link: https://www.econbiz.de/10013316822
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Setting Adequate Wages for Workers : Managers' Work Experience, Incentive Scheme and Gender Matter
Huber, David; Kühl, Leonie; Szech, Nora - 2022
Many societies report an increasingly divergent development of managers’ salaries compared to that of their workforce …. Moreover, there is often a lack in diversity amongst managerial boards. We investigate the role of managers’ gender and … incentive scheme on wages chosen for workers by conducting two experimental studies. The data reveal male managers respond in …
Persistent link: https://www.econbiz.de/10013291321
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Market-Based Compensation, Price Informativeness and Short-Term Trading
Calcagno, Riccardo - 2007
This paper shows that there is a natural trade-off when designing market-based executive compensation. The benefit of market-based pay is that the stock price aggregates speculators' dispersed information and therefore takes a picture of managerial performance before the long-term value of a...
Persistent link: https://www.econbiz.de/10012777574
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Bribing in Team Contests
Dogan, Serhat - 2020
We study bribing in a sequential team contest with multiple pairwise battles. We allow for asymmetries in winning prizes and marginal costs of effort; and we characterize the conditions under which (i) a player in a team is offered a bribe by the owner of the other team and (ii) she accepts the...
Persistent link: https://www.econbiz.de/10012841589
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Industry concentration and strategic trade policy in successive oligopoly
Nese, Gjermund; Straume, Odd Rune - 2005
international Cournot oligopoly, we analyse incentives for using tax instruments strategically to shift rents vertically, between …
Persistent link: https://www.econbiz.de/10010261165
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Market power and information revelation in dynamic trading
Gottardi, Piero; Serrano, Roberto - 2004
We study a strategic model of dynamic trading where agents are asymmetrically informed over common value sources of uncertainty. There is a continuum of buyers and a finite number n of sellers. All buyers are uninformed, while at least one seller is privately informed about the true state of the...
Persistent link: https://www.econbiz.de/10010261280
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Tax evasion and competition
Goerke, Laszlo; Runkel, Marco - 2007
Using a Cournot oligopoly model with an endogenous number of firms and evasion of indirect taxes, this paper shows that …
Persistent link: https://www.econbiz.de/10010264215
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Inefficient group organization as optimal adaption to dominant environments
Kolmar, Martin; Wagener, Andreas - 2010
Contests between groups are plagued by intra-group externalities (freeriding). Yet, costless incentive schemes that entirely avoid free-riding within a group might not be desirable, neither individually nor socially. In contests among two groups, a relatively weak (i.e., small or unproductive)...
Persistent link: https://www.econbiz.de/10010270878
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Effort maximization in asymmetric n-Person contest games
Franke, Jörg; Kanzow, Christian; Leininger, Wolfgang; … - 2009
This paper provides existence and characterization of the optimal contest success function under the condition that the objective of the contest designer is total effort maximization among n heterogeneous players. Heterogeneity of players makes active participation of a player in equilibrium...
Persistent link: https://www.econbiz.de/10010274382
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Lobbying and Compromise
Epstein, Gil S.; Nitzan, Shmuel - 2005
The compromise enhancing effect of lobbying on public policy has been established in two typical settings. In the first, lobbies are assumed to act as 'principals' and the setters of the policy (the candidates in a Downsian electoral competition or the elected policy maker in a citizen-...
Persistent link: https://www.econbiz.de/10010261146