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Transaction cost politics, institutions for commitment and rent seeking
Murshed, S. Mansoob - 2001
commitment, compromise and rent seeking, all of which are relevant to institutional design and the formulation of optimal …
Persistent link: https://www.econbiz.de/10010279342
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Implementing the commitment solution via discretionary policy-making
Hahn, Volker - In: Macroeconomic dynamics 27 (2023) 7, pp. 1866-1892
Persistent link: https://www.econbiz.de/10014364405
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Why have some monetary reforms succeeded and others not? An empirical assessment
Freytag, Andreas - 2001
macroeconomic model of commitment and credibility. As the dependent variable, we calculate a post-reform inflation rate. The … exogenous variables are the degree of legal commitment and the constraining influence of institutions. The paper allows for the … conclusion that monetary commitment, the consideration of institutional constraints and abstinence from the money press are …
Persistent link: https://www.econbiz.de/10010270683
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Electoral competition under media influence
Bräuer, Wolfgang - 1998
current policy choice. Deviating from (exogenous) traditional party policy reduces the credibility of a party in the eyes of … voters of both parties. They get either desensitised or over-sensitised in respect to party credibility which alters the …
Persistent link: https://www.econbiz.de/10011441433
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Persuasion and dynamic communication
Sher, Itai - In: Theoretical economics : TE ; an open access journal in … 9 (2014) 1, pp. 99-136
A speaker attempts to persuade a listener to accept a request by presenting evidence. A persuasion rule specifies what evidence is persuasive. This paper compares static and dynamic rules. We present a single linear program (i) whose solution corresponds to the listener's optimal dynamic rule...
Persistent link: https://www.econbiz.de/10011684961
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Reputation and foreclosure with vertical integration : experimental evidence
Möllers, Claudia - 2016
Building on the seminal paper of Ordover, Saloner and Salop (1990), I study the role of reputation building on … foreclosure in laboratory experiments. In one-shot interactions, upstream firms can choose to build a reputation by revealing … their price history to the current upstream competitor. In particular, integrated firms can establish a reputation to …
Persistent link: https://www.econbiz.de/10011555141
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Political corruption and minority capture
Giannoccolo, Pierpaolo; Lisciandra, Maurizio - 2014
This analysis investigates a political corruption model that builds on previous literature on corruption in hierarchies. Our study enriches the literature on political corruption emphasizing the contrasting role of the minorities having a control role of the majorities. In particular, this paper...
Persistent link: https://www.econbiz.de/10011725698
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Does the paradox of plenty exist? : experimental evidence on the curse of resource abundance
Leibbrandt, Andreas; Lynham, John - 2017
Persistent link: https://www.econbiz.de/10011794638
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Toward a holistic approach to central bank trust
Eickmeier, Sandra; Petersen, Luba - 2024
the ECB also hinges on trust in political institutions more generally and, to a lesser extent, on generalized trust (i …
Persistent link: https://www.econbiz.de/10014632327
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Credibility and reputation in peacemaking
Addison, Tony; Murshed, S. Mansoob - 2001
The paper analyses credibility and reputation in the context of peace negotiations. Where war provides economic gains … devising commitment technologies. …
Persistent link: https://www.econbiz.de/10010279254