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Information transmission within federal fiscal architectures : theory and evidence
Gehring, Kai; Kotsogiannēs, Chrēstos; Marchesi, Silvia - 2013
explaining variation in the degree of decentralization across countries. Within a two-sided incomplete information principal …-agent framework, it analyzes two alternative policy-decision schemes - "decentralization" and "centralization" - when "knowledge … government levels. It is shown that, depending on which level of policy decision-making controls the degree of decentralization …
Persistent link: https://www.econbiz.de/10010126407
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Information Transmission within Federal Fiscal Architectures : Theory and Evidence
Dreher, Axel - 2013
explaining variation in the degree of decentralization across countries. Within a two-sided incomplete information principal …-agent framework, it analyzes two alternative policy-decision schemes — ‘decentralization' and ‘centralization' — when ‘knowledge … government levels. It is shown that, depending on which level of policy decision-making controls the degree of decentralization …
Persistent link: https://www.econbiz.de/10013075612
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Information Transmission within Federal Fiscal Architectures : Theory and Evidence
Dreher, Axel; Gehring, Kai; Kotsogiannis, Christos; … - 2016
explaining variation in the degree of decentralization across countries. Within a two-sided incomplete information principal …-agent framework, it analyzes two alternative policy-decision schemes — ‘decentralization’ and ‘centralization’ — when ‘knowledge … government levels. It is shown that, depending on which level of policy decision making controls the degree of decentralization …
Persistent link: https://www.econbiz.de/10014153753
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Green Eggs and Ham : The CISG, Path Dependence, and the Behavioural Economics of Lawyers’ Choices of Law in International Sales Contracts
Spagnolo, Lisa - 2022
market distortion; rational decision making within game theory frameworks under different jurisdictional background …
Persistent link: https://www.econbiz.de/10014192105
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Market Power Screens Willingness-to-Pay
Weyl, E. Glen - 2012
What is the best way to reward innovation? While prizes avoid deadweight loss, intellectual property selects high social surplus projects. Optimal innovation policy thus trades off the ex-ante screening benefit and the ex-post distortion. It solves a multidimensional screening problem in the...
Persistent link: https://www.econbiz.de/10013115803
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Foreign Sourcing and Technology Transfer under Asymmetric Information
Bolatto, Stefano - 2020
Although outsourcing vs. vertical integration is generally treated as a binary choice in international trade literature, firm-level data reveal that inputs can be imported both within and across firms' boundaries, even within narrowly defined industries from the same host country. This paper...
Persistent link: https://www.econbiz.de/10012835866
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A Theory of Brand Positioning : Product-Portfolio View
Ke, T. Tony - 2020
Beyond real functional differences, brand positioning can have profound effects on the purchase decisions of consumers. Using a product-portfolio and consumer search framework, we provide a micro-foundation for why and how brand positioning can deliver credible information to consumers....
Persistent link: https://www.econbiz.de/10012823728
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Brain drain and inequality across nations
Docquier, Frédéric (contributor) - 2006
Is the brain drain a curse or a boon for developing countries? This paper reviews what is known to date about the magnitude of the brain drain from developing to developed countries, its determinants and the way it affects the well-being of those left behind. First, I present alternative...
Persistent link: https://www.econbiz.de/10003499223
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Brain Drain and Inequality Across Nations
Docquier, Frédéric - 2006
Is the brain drain a curse or a boon for developing countries? This paper reviews what is known to date about the magnitude of the brain drain from developing to developed countries, its determinants and the way it affects the well-being of those left behind. First, I present alternative...
Persistent link: https://www.econbiz.de/10012779028
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Climate Change, Migration and Voice : An Explanation for the Immobility Paradox
Beine, Michel A. R. - 2019
international voicing. Our results suggest that restrictions on mobility could result in increasing voicing, both within and between …
Persistent link: https://www.econbiz.de/10012861312