Showing 1 - 10 of 99
We present an experimental study on the wasted resources associated with tax evasion. This waste arises from taxpayers and tax authorities investing costly effort in the concealment and detection of tax evasion. We show that these socially inefficient efforts - as well as the frequency of tax...
Persistent link: https://www.econbiz.de/10005062718
The article aims at suggesting possible conjectures on Al-Qaeda's logic and structure. Even if the organization's secrecy makes any empirical evidence difficult to find, some insight can be provided by economic theory of contests: in this terms, Al-Qaeda can be acknowledged like an agent...
Persistent link: https://www.econbiz.de/10005408420
concealment-detection contest between the taxpayer and the authority. We show that higher tax rates cause more evasion and … increase the resources wasted in the contest. Additionally, we …nd conditions under which a government should enforce incentive …
Persistent link: https://www.econbiz.de/10005556902
This paper investigates multi-item moral hazard with auditing contests. Although the presented model is widely applicable, we choose tax evasion as an exemplary application. We introduce a tax-evasion model where tax authority and taxpayer invest in detection and concealment. The taxpayers have...
Persistent link: https://www.econbiz.de/10005556958
We present a general model of two players contest with two types of efforts. Contrary to the classical models of … contest, where each player chooses a unique effort, and where the outcome depends on the efforts of all the players … the defence of the opponent. This model has many applications like political campaigning, wars, competition among lobbies …
Persistent link: https://www.econbiz.de/10005560971
In this paper we examine intra-firm competition in the mutual fund industry. Our empirical study of the US mutual fund …
Persistent link: https://www.econbiz.de/10005134712
This paper advances an interpretation of Von Neumann–Morgenstern’s expected utility model for preferences over lotteries which does not require the notion of a cardinal utility over prizes and can be phrased entirely in the language of probability. According to it, the expected utility of a...
Persistent link: https://www.econbiz.de/10005118603
outside their ethnic group. In the experiment, Thai subjects observed information that came from Americans and other Thais …
Persistent link: https://www.econbiz.de/10005125584
We analyze the role of state-ownership in the banking sector from the perspective of competition. Considering both the … charge and/or offer relatively customer friendly interest rates? And (iii) is competition intensified by the conduct and …
Persistent link: https://www.econbiz.de/10005076864
applications were perceived as an important force to modify competition in bank markets. …
Persistent link: https://www.econbiz.de/10005076872