Tax treaties are often viewed as a mechanism for eliminating tax competition, however, this approach ignores the need for bargaining over the treaty’s terms. This paper makes a first attempt at modeling the conflicting goals in treaty formation by analyzing a cooperative bargaining model...

We study the impact of corporate firm taxation over long run capital accumulation and firms dynamics in an heterogeneous firms environment. We assume there are firms with different levels of productivity choosing investment on physical capital and facing an exogenous corporate tax rate. By means...

This paper addresses the relationship between individual perceptions and the uses of a business language. Perceptions are modeled explicitly, and are not common knowledge. A business language enables individuals with different perceptions to trade. I present a formal criterion for faithfulness...