Similar Search Results

What’s the Damage? Environmental Regulation with Policy-Motivated Bureaucrats

Voß, Achim; Lingens, Jörg - Fondazione ENI Enrico Mattei (FEEM) - 2014

Many environmental-policy problems are characterized by complexity and uncertainty. Government’s choice concerning these policies commonly relies on information provided by a bureaucracy. Environmental bureaucrats often have a political motivation of their own, so they might be tempted to...

Persistent link: https://www.econbiz.de/10010813781

Multidimensional Mechanism Design: Revenue Maximization and the Multiple-Good Monopoly

Manelli, Alejandro M.; Vincent, Daniel R. - Fondazione ENI Enrico Mattei (FEEM) - 2004

The seller of N distinct objects is uncertain about the buyer’s valuation for those objects. The seller’s problem, to maximize expected revenue, consists of maximizing a linear functional over a convex set of mechanisms. A solution to the seller’s problem can always be found in an extreme...

Persistent link: https://www.econbiz.de/10008489607

On the Legitimacy of Coercion for the Financing of Public Goods

Bierbrauer, Felix - Fondazione ENI Enrico Mattei (FEEM) - 2009

The literature on public goods has shown that efficient outcomes are impossible if participation constraints have to be respected. This paper addresses the question whether they should be imposed. It asks under what conditions efficiency considerations justify that individuals are forced to pay...

Persistent link: https://www.econbiz.de/10008502099

Merger Mechanisms

Brusco, Sandro; Lopomo, Giuseppe; Viswanathan, S. - Fondazione ENI Enrico Mattei (FEEM) - 2004

A firm can merge with one of n potential partners. The owner of each firm has private information about both his firm’s stand-alone value and a component of the synergies that would be realized by the merger involving his firm. We characterize incentive-efficient mechanisms in two cases....

Persistent link: https://www.econbiz.de/10005423148

Ambiguous Aggregation of Expert Opinions: The Case of Optimal R&D Investment

Athanassoglou, Stergios; Bosetti, Valentina; … - Fondazione ENI Enrico Mattei (FEEM) - 2012

How should a decision-maker allocate R&D funds when a group of experts provides divergent estimates on a technology … ambiguity over the aggregation of expert opinion and a decision-maker's attitude towards it. In line with the paper's focus on R …&D investment, decision variables in our model may affect experts' subjective probability distributions of the future potential of a …

Persistent link: https://www.econbiz.de/10009650279

Divide and Conquer: Noisy Communication in Networks, Power, and Wealth Distribution

Perez, Wilson - Fondazione ENI Enrico Mattei (FEEM) - 2004

In a society composed of a ruler and its citizens: what are the determinants of the political equilibrium between these two? This paper approaches this problem as a game played between a ruler who has to decide the distribution of the aggregate income and a group of agents/citizens who have the...

Persistent link: https://www.econbiz.de/10005385474

Municipal Reform on the Island of Montreal: Tensions Between Two Majority Groups in a Multicultural City

Arcand, Sébastien; Juteau, Danielle; Bilge, Sirma; … - Fondazione ENI Enrico Mattei (FEEM) - 2003

For several years now, many cities across the world have undergone, for administrative and political reasons, mergers that have considerably reduced the number of municipalities on a given territory. This tendency affects various urban contexts, as evidenced by recent mergers in Toronto, Ottawa...

Persistent link: https://www.econbiz.de/10005385488

Rent Seekers in Rentier States: When Greed Brings Peace

Bjorvatn, Kjetil; Naghavi, Alireza - Fondazione ENI Enrico Mattei (FEEM) - 2010

Are natural resources a source of conflict or stability? Empirical studies demonstrate that rents from natural … source of conflict and the rentier state view which emphasizes the role of resource rents in promoting peace and stability … activate more interest groups in a power struggle. We demonstrate that the associated increased cost of conflict may in fact …

Persistent link: https://www.econbiz.de/10008467319

Identity and Self-Other Differentiation in Work and Giving Behaviors: Experimental Evidence

Ben-Ner, Avner; McCall, Brian P.; Stephane, Massoud; … - Fondazione ENI Enrico Mattei (FEEM) - 2006

We show that the distinction between Self and Other, ‘us’ and ‘them,’ or in-group and out-group, affects significantly economic and social behavior. In a series of experiments with approximately 200 Midwestern students as our subjects, we found that they favor those who are similar to...

Persistent link: https://www.econbiz.de/10005423088

Networks of Military Alliances, Wars, and International Trade

Jackson, Matthew O.; Nei, Stephen - Fondazione ENI Enrico Mattei (FEEM) - 2014

We investigate the role of networks of military alliances in preventing or encouraging wars between groups of countries. A country is vulnerable to attack if there is some fully-allied group of countries that can defeat that country and its (remaining) allies based on a function of their...

Persistent link: https://www.econbiz.de/10010781879