Similar Search Results

Blume, Lawrence - EconWPA - 1996

Population games are stochastic processes which explicitly model Nash's (1950) mass action interpretation of Nash equilibrium. The mass action interpretation envisions a population of players for each position in the game, and that players are randomly matched for play. The hope is that the...

Persistent link: https://www.econbiz.de/10005407624

Optimal all-pay auction when signals are correlated.

Monteiro, Paulo Klinger - EconWPA - 1999

In this note I prove the existence of the optimal all-pay auction when signals are correlated.

Persistent link: https://www.econbiz.de/10005413285

Pushing the Prize Up, A Few Notes on Al-Qaeda's Reward Structure and the choice of Casualties

Caruso, Raul; Locatelli, Andrea - EconWPA - 2005

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

The excess burden of tax evasion - An experimental detection- concealment contest

Bayer, Ralph C; Sutter, Matthias - EconWPA - 2004

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

A contest with the taxman - The impact of tax rates on tax evasion and wastefully invested resources

Bayer, Ralph C - EconWPA - 2004

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

Finding out who the crooks are - Tax evasion with sequential auditing

Bayer, Ralph C - EconWPA - 2004

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

Contest with Attack and Defence: Does Negative Campaigning Increase or Decrease Voters' Turnout?

soubeyran, raphael - EconWPA - 2005

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 …, job promotion competitions, or sport contests. We study the general model of contest with attacks and defence and propose …

Persistent link: https://www.econbiz.de/10005560971

INTERACTIONS BETWEEN TWO INFORMAL SECTOR LENDERS AND INTEREST RATE DETERMINATION IN THE INFORMAL CREDIT MARKET: A THEORETICAL ANALYSIS

Chaudhuri, Sarbajit - EconWPA - 2005

The paper provides a theory of interest rates determination in the informal credit market in backward agriculture highlighting the interactions between two informal sector lenders (a professional moneylender and a trader-interlocker) and explains the prevalence of different interest rates in the...

Persistent link: https://www.econbiz.de/10005407518

CREDIT-PRODUCT INTERLINKAGE, CAPTIVE MARKETS AND TRADE LIBERALIZATION IN AGRICULTURE: A THEORETICAL ANALYSIS IN AGRICULTURE: A THEORETICAL ANALYSIS

Chaudhuri, Sarbajit; Banerjee, Asis Kumar - EconWPA - 2005

This paper builds a model of fragmented duopsony in backward agriculture following Basu and Bell (1991) in which the purchasers (traders) have captive markets each but compete in a contested market. We focus on the formation of captive markets through trader-farmer interlinkage in the form of...

Persistent link: https://www.econbiz.de/10005407548

INTERACTIONS BETWEEN TWO INFORMAL SECTOR LENDERS AND INTEREST RATE DETERMINATION IN THE INFORMAL CREDIT MARKET: A THEORETICAL ANALYSIS

Chaudhuri, Sarbajit - EconWPA - 2005

Persistent link: https://www.econbiz.de/10005407569