Showing 1 - 10 of 61
the no-exodus equilibrium for games whose feasible sets are not monotonic. …
Persistent link: https://www.econbiz.de/10005550914
obtain the following findings: (i) an equilibrium always exists in which all individuals to the community which uses … voluntary provision; (ii) under very robust conditions on preferences and income distribution, an equilibrium exists in which …
Persistent link: https://www.econbiz.de/10005407605
This paper investigates differences in the rate of growth of population across the large city-regions of the EU12 between 1980 and 2000. The US model which assumes perfect factor mobility does not seem well adapted to European conditions. There is evidence strongly suggesting that equilibrating...
Persistent link: https://www.econbiz.de/10005407839
equilibrium of the static game each period. We also describe conditions under which voluntary provision survives. These conditions …
Persistent link: https://www.econbiz.de/10005550873
This paper contributes to providing insights into the impact of decentralisation on poverty. It starts out with an overview of which role decentralisation plays in strategies and policies for poverty eradication and derives economic and political impact channels. It concentrates on the economic...
Persistent link: https://www.econbiz.de/10005408418
pragmatic considerations, but tax policies becomes a moderate equilibrium between ideological ruling party’s preferences and …
Persistent link: https://www.econbiz.de/10005556943
There are concerns that regional inequality in India has increased after the economic reforms of 1991. This concern is supported by various statistical analyses. In this paper, we show that the conclusions are sensitive to what measures of attainment are used. In particular, human development...
Persistent link: https://www.econbiz.de/10005556111
thus higher equilibrium taxes. Moreover, economic integration must increase taxes when the forces of agglomeration are the …
Persistent link: https://www.econbiz.de/10005556493
New Zealand is unusual in that nearly 60% of local services are funded from property taxes. These are a mixture of land taxes, capital value taxes, annual rental value taxes and uniform general charges. We explore the efficiency and equity of this system at both national and local levels. We...
Persistent link: https://www.econbiz.de/10005556963
We develop a definition of equilibrium for agenda formation in general voting settings. The definition is independent … of any protocol. We show that the set of equilibrium outcomes for any Pareto efficient voting rule is uniquely determined … elimination (or amendment), the set of equilibrium outcomes corresponds with the Banks set. We also examine the implications in …
Persistent link: https://www.econbiz.de/10005135124