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Improving the SGP: Taxes and Delegation rather than Fines
Lindbeck, Assar; Niepelt, Dirk - CESifo - 2005
We analyze motivations for, and possible alternatives to, the Stability and Growth Pact (SGP). With regard to the former, we identify domestic policy failures and various cross-country spillover effects; with regard to the latter, we contrast an “economic-theory" perspective on optimal...
Persistent link: https://www.econbiz.de/10005405849
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Hospital Treatment Rates and Spillover Effects: Does Ownership Matter?
Baltagi, Badi H.; Yen, Yin-Fang - CESifo - 2014
. Competition among hospitals and knowledge spillovers generate significant externalities which we try to capture using the spatial …
Persistent link: https://www.econbiz.de/10010747210
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On the Choice of Royalty Rule to Cover Fixed Costs in Input Joint Ventures
Fjell, Kenneth; Foros, Oystein; Kind, Hans Jarle - CESifo - 2013
incorporated. We find that tougher competition between the JV partners may actually increase channel profit under such a scheme. We …
Persistent link: https://www.econbiz.de/10010877877
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Competition in the Presence of Individual Demand Uncertainty
Möller, Marc; Watanabe, Makoto - CESifo - 2013
This paper sheds light on an empirical controversy about the effect of competition on price discrimination. We … shows that whether competition has a positive or negative effect on price dispersion depends on the level of demand …
Persistent link: https://www.econbiz.de/10010877946
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Expectations as Reference Points: Field Evidence from Experienced Subjects in a Competitive, High-Stakes Environment
Bartling, Björn; Brandes, Leif; Schunk, Daniel - CESifo - 2012
We show that professional soccer players exhibit reference-dependent behavior during matches. Controlling for the state of the match and for unobserved heterogeneity, we show on a minute-by-minute basis that a player breaches the rules of the game, measured by the referee’s assignment of...
Persistent link: https://www.econbiz.de/10010551016
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Powering Up Developing Countries through Integration?
Auriol, Emmanuelle; Biancini, Sara - CESifo - 2012
Power market integration is analyzed in a two countries model with nationally regulated firms and costly public funds. If generation costs between the two countries are too similar negative business-stealing outweighs efficiency gains so that following integration welfare decreases in both...
Persistent link: https://www.econbiz.de/10010556079
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A Simple Model of Health Insurance Competition
Kemnitz, Alexander - CESifo - 2010
This paper investigates competition between health insurance companies under different financing regulations. We … consider two alternatives advanced in recent German health care reform discussions: competition by contribution rates (health … contributions) and by fees (health premia). We find that contribution rate competition yields lower company profits and higher …
Persistent link: https://www.econbiz.de/10008727295
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The Impact of Losing in a Competition on the Willingness to Seek Further Challenges
Buser, Thomas - CESifo - 2014
of winning and losing in a competition on the willingness to seek further challenges. Participants in a lab experiment … compete in two-person tournaments and are then informed of their score and the outcome of the competition. Conditional on the …
Persistent link: https://www.econbiz.de/10010812497
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Privatising Network Industries
Newbery, David - CESifo - 2004
Persistent link: https://www.econbiz.de/10005765806