We study the strategic incentives of regional governments to allocate their budget to public investment and to public consumption expenditures against the background of an incentive-compatible redistribution policy set by the central government. Regional investment changes the productivity...

Critical-level (CL) utilitarianism with both fixed and variable critical levels is applied to the problem of redistribution in a federation with free mobility. We are interested in intra-regional inequality when redistribution policies are organized decentrally in a federation. Due to free...

This study analyzes the interaction between distorted election choices and the architecture of government with a focus on the implications for the accountability of politicians. Contrasting centralized with decentralized political systems, it is shown that centralization is likely to result in...

Economists have a good understanding of intra-economic interdependence and a mature methodology of modeling it. Ecologists focus on the complex and sensitive interactions of species in ecosystems. This paper's objective is to suggest a new micro-foundation of ecosystem analysis based on economic...

In der vorliegenden Studie überprüfen wir verschiedene Gebührenstrategien der Dualen System Deutschland AG (DSD) darauf hin, ob sie die pareto-effiziente Allokation in der Abfallwirtschaft implementieren. Dabei greifen wir auf eine disaggregierte Modellökonomie zurück, in der Material...

In dem vorliegenden Beitrag untersuchen wir auf der Grundlage eines statischen allgemeinen Gleichgewichtsmodells die Effizienz verschiedener Gebührenkonzepte einer Abfall-Management-Organisation. Diese wird von den Produzenten, die für die Verwertung und/oder Entsorgung der Verpackungsabfälle...

This paper examines a Waste Management Organisation's (WMO) pricing options to implement the Pareto-efficient allocation in an economy where materials are first extracted, then used for producing a consumption good and finally recycled or landfilled. The WMO is established by the producers who...

Campbell (1980) and following authors have disussed a limited resoure extration capacity as an augmentation of the well-known Hotelling model. We integrate a limited extraction capacity and related investments in the endogenous growth model of Tsur & Zemel (2005) to study its effect on economic...