Showing 1 - 10 of 23
Abstract: This paper studies fiscal federalism when voter information varies across regions. We develop a model of political agency with heterogeneously informed voters. Rentseeking politicians provide public goods to win the votes of the informed. As a result, rent extraction is lower in...
Persistent link: https://www.econbiz.de/10011090947
The paper reviews the economic and administrative issues that arise in the taxation of electronic commerce; addresses how best to meet the criteria of an ideal tax system; and examines recent policy developments.It is argued that destination-based taxation-is presently the norm for goods taxation...
Persistent link: https://www.econbiz.de/10011092481
We measure the contribution of fiscal decentralization to trust in government. Using repeated cross-country survey data of individuals on several measures of trust in govern- ment over the 1994-2007 period, we estimate an ordered response model of the government trust and fiscal decentralization...
Persistent link: https://www.econbiz.de/10011090404
Persistent link: https://www.econbiz.de/10011090399
Persistent link: https://www.econbiz.de/10011090531
Persistent link: https://www.econbiz.de/10011090552
A class of non cooperative games characterized by a `congestion e ect' is studied, in which there exists a strong Nash equilibrium, and the set of Nash equilibria, the set of strong Nash equilibria and the set of strategy pro les maximizing the potential function coincide.The structure of the...
Persistent link: https://www.econbiz.de/10011090838
Persistent link: https://www.econbiz.de/10011091129
This paper provides an overview of the various shapes the best- reply multifunctions can take in 2×2×2 trimatrix games. It is shown that, unlike in 2×2 bimatrix games, the best replies to the opponents’ pure strategies do not completely determine the structure of the Nash equilibrium set.
Persistent link: https://www.econbiz.de/10011091516
Persistent link: https://www.econbiz.de/10011091692