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An adversarial game is used to model a firm's intrinsic and exerted influence over a regulator. Data from the World Business Environment Survey provide strong evidence in support of model hypotheses across a wide range of government agents, countries, and regulatory areas. Of particular...
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This paper studies a dynamic game where each of two large blocs, of fossil fuel importers and exporters respectively, sets either taxes or quotas to exercise power in fossil-fuel markets. The main novel feature is the inclusion of a "fringe" of non- strategic (emerging and developing) countries...
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