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Universal Pensions in Mauritius: Lessons for the Rest of Us
Willmore, Larry - EconWPA - 2004
That the Government of Mauritius provides nearly every resident over the age of 60 with a non-contributory, basic pension is one of the best-kept secrets in the world. The scheme dates from 1950 and became universal in 1958, following abolition of a means test. Remarkably, introduction of a...
Persistent link: https://www.econbiz.de/10005556896
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Poverty Targeting Classifications and Distributional Effects
Londero, Elio H - EconWPA - 2004
This paper reviews two common definitions of poverty targeted projects, discusses the limitations of poverty targeting …
Persistent link: https://www.econbiz.de/10005561008
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Why Do Policy Makers Stick to Inefficient Decisions?
Dur, Robert A.J. - EconWPA - 1999
This paper offers an explanation for why policy makers stick to inefficient policy decisions. I argue that repealing a policy is a bad signal to voters about the policy maker's competence if voters do not have complete knowledge about the effects of implemented policies. I derive the optimal...
Persistent link: https://www.econbiz.de/10005076606
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Lobbying, Information Transmission, and Unequal Representation
Lagerlof, Johan; Frisell, Lars - EconWPA - 2004
his reputation for truthtelling, we show that the larger is the inequality, the less information can credibly be …
Persistent link: https://www.econbiz.de/10005076613
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Optimal Monitoring with External Incentives: The Case of Tipping
Azar, Ofer H. - EconWPA - 2003
are not provided by the firm), such as tips, satisfaction from working well, or the desire to build reputation in order to …
Persistent link: https://www.econbiz.de/10005125035
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A Prototype for an Agent-based Secure Electronic Marketplace including Reputation Tracking Mechanisms
Boris, Padovan; Stefan, Sackmann; Thorsten, Eymann; … - EconWPA - 2002
reputation of other, unknown agents. The multi-agent system AVALANCHE is a prototype for an agent-based secure electronic … commerce marketplace environment. The reputation tracking mechanism, which is implemented in AVALANCHE’s software agents …, evaluates transaction behavior and influences partner selection and negotiation strategy in future transactions, while …
Persistent link: https://www.econbiz.de/10005134563
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Cooperation and Punishment
Thomas, Jonathan P.; Evans, Robert - EconWPA - 2000
the maximum extent possible. Moreover, there is a draconian strategy whose presence in the perturbations guarantees that …
Persistent link: https://www.econbiz.de/10005407513
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Lobbying, Information Transmission, and Unequal Representation
Lagerlof, Johan; Frisell, Lars - EconWPA - 2004
his reputation for truthtelling, we show that the larger is the inequality, the less information can credibly be …
Persistent link: https://www.econbiz.de/10005413244
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Professional Advice
Ottaviani, Marco; Sorensen, Peter - EconWPA - 1999
Professional experts offer advice with the objective of appearing well informed. Their ability is evaluated on the basis of the advice given and the realized state of the world. We model this situation as a reputational cheap-talk game with continuous signal, state, and ability type spaces....
Persistent link: https://www.econbiz.de/10005550867
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Evolutionary Stability in a Reputational Model of Bargaining
Abreu, Dilip; Sethi, Rajiv - EconWPA - 2001
A large and growing literature on reputation in games builds on the insight that the possibility of one or more players …
Persistent link: https://www.econbiz.de/10005550888