Showing 1 - 10 of 22
A firm may induce voters or elected politicians to support a policy it favors by suggesting that it is more likely to invest in a district whose voters or representatives support the policy. In equilibrium, no one vote may be decisive, and the policy may gain strong support though the majority...
Persistent link: https://www.econbiz.de/10004964459
quality has been acquired or not, we compare the performance of a delegation structure with that of two voting procedures …. Delegation makes one's acceptance decision pivotal by definition. The decisiveness of one's vote in a voting procedure depends on …
Persistent link: https://www.econbiz.de/10005137291
We analyze a simple model of local public good provision in a country consisting of a large number of heterogeneous regions, each comprising two districts, a city and a village. When districts remain autonomous and local public goods have positive spillover effects on the neighbouring district,...
Persistent link: https://www.econbiz.de/10005137389
committee, in which a subset of members may meet prior to the voting in the committee and therefore has the possibility to reach … consensus ex ante to vote unanimously ex post. We allow for different committee sizes, various voting rules and differences in … on the setting of interest rates by the committee, provided that members on average are equally skilled and voting takes …
Persistent link: https://www.econbiz.de/10005504955
(MUA) model. We find that pivotal suppliers do indeed exercise their market power in the experiments. We also find that …
Persistent link: https://www.econbiz.de/10008838542
This study uses the methods of experimental economics to investigate possible causes for the failure of the Hotelling rule for nonrenewable resources. We argue that as long as resource stocks are high enough, producers may choose to (partially) ignore the dynamic component of their production...
Persistent link: https://www.econbiz.de/10008838549
We use laboratory experiments to investigate how employers develop social structures for sharing information about the …
Persistent link: https://www.econbiz.de/10008838611
Tax Liability Side Equivalence (tax LSE) claims that the statutory incidence of a tax is irrelevant for its economic incidence. In gift-exchange labor markets, firms provide a gift to workers by paying high wages, and workers reciprocate by providing high efforts. Tax LSE is theoretically...
Persistent link: https://www.econbiz.de/10005795580
A series of experiments in Albania and the Netherlands give us the opportunity to compare behavioral patterns related …
Persistent link: https://www.econbiz.de/10005137024
Why do people in rich countries not transfer more of their income to people in the world's poorest countries? To study this question and the relative importance of needs, entitlements, and nationality in people's social preferences, we conducted a real effort fairness experiment where people in...
Persistent link: https://www.econbiz.de/10005137059