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Chapter 58 Some other economic applications of the value
Mertens, Jean-François - In: Handbook of game theory with economic applications : …, (pp. 2185-2201). 2002
competition. Three models are considered: Taxation and Redistribution, Public Goods, and Fixed Prices. In each case, the value …
Persistent link: https://www.econbiz.de/10014024487
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Redistribution and market efficiency: An experimental study
Großer, Jens; Reuben, Ernesto - In: Journal of Public Economics 101 (2013) C, pp. 39-52
We study the interaction between competitive markets and income redistribution that reallocates unequal pre-tax market … (DA) with exogenous zero or full redistribution. In another setup, after trading, they vote on redistributive tax policies … in a majoritarian election with two competing candidates. This results in virtually full redistribution, even when …
Persistent link: https://www.econbiz.de/10011056101
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Elastic contests and the robustness of the all-pay auction
Ewerhart, Christian - 2014 - Revised version: May 5, 2014
This paper studies a large class of imperfectly discriminating contests, referred to as elastic contests, that induce players to either overbid a standing bid or to abstain from bidding altogether. Many common forms of contest are elastic. In any equilibrium of an elastic contest, there is...
Persistent link: https://www.econbiz.de/10010360312
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Rent-seeking games and the all-pay auction
Ewerhart, Christian - 2015
This paper considers rent-seeking games in which a small percentage change in a player's bid has a large percentage impact on her odds of winning, i.e., on the ratio of her respective probabilities of winning and losing. An example is the Tullock contest with a high R. The analysis provides a...
Persistent link: https://www.econbiz.de/10010472556
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Computer Mediated Transactions
Varian, Hal R. - In: American Economic Review 100 (2010) 2, pp. 1-10
Persistent link: https://www.econbiz.de/10008584548
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Election induced fiscal and monetary cycles:evidence from the Caribbean
Peters, Amos C. - In: Journal of Developing Areas 44 (2010) 1, pp. 287-303
This study examines whether governments in the Caribbean systematically attempt to alter voter preferences through the use of fiscal and monetary policy tools during election periods. It also investigates whether governments reverse their pre-election excesses in the year after a general...
Persistent link: https://www.econbiz.de/10011213101
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The Gorbachev Anti-alcohol Campaign and Russia's Mortality Crisis
Bhattacharya, Jay; Gathmann, Christina; Miller, Grant - In: American Economic Journal: Applied Economics 5 (2013) 2, pp. 232-60
Political and economic transition is often blamed for Russia's 40 percent surge in deaths between 1990 and 1994. Highlighting that increases in mortality occurred primarily among alcohol-related causes and among working-age men (the heaviest drinkers), this paper investigates an alternative...
Persistent link: https://www.econbiz.de/10010815887
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Chapter 17. Media Capture : Empirical Evidence
Enikolopov, Ruben; Petrova, Maria - 2015
This chapter overviews the empirical literature on the determinants and the consequences of media capture, i.e., the situation in which governments or other interest groups try to control the content of media outlets. We start by examining the evidence on the effect of media capture on the...
Persistent link: https://www.econbiz.de/10014025199
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The Political Economy of Government Responsiveness: Theory and Evidence from India
Besley, Timothy J.; Burgess, Robin - C.E.P.R. Discussion Papers - 2001
The determinants of government responsiveness to its citizens is a key issue in political economy. Here we develop a model based on the solution of political agency problems. Having a more informed and politically active electorate strengthens incentives for governments to be responsive. This...
Persistent link: https://www.econbiz.de/10005791661
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Conditional Political Budget Cycles
Shi, Min; Svensson, Jakob - C.E.P.R. Discussion Papers - 2002
This Paper uses a large new panel data set to examine the relationship between elections and fiscal policy. We find clear evidence of political business cycles in macroeconomic policy: spending increases before elections while revenues fall, leading to a larger deficit in election years. We also...
Persistent link: https://www.econbiz.de/10005124073