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The Political Economy of Bank- and Market Dominance

Perotti, Enrico; Thadden, Ernst Ludwig von - Tinbergen Institute - 2004

Legislation affects corporate governance and the return to human and financial capital. We allow the preference of a political majority to determine both the governance structure and the extent of labor rents. In a society where median voters have relatively more at stake in the form of human...

Persistent link: https://www.econbiz.de/10005795583

Lobbying of Firms by Voters

Dahm, Matthias; Dur, Robert; Glazer, Amihai - Tinbergen Institute - 2009

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

Delegation or Voting

Swank, Otto H.; Visser, Bauke - Tinbergen Institute - 2002

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

National Interference in Local Public Good Provision

Dur, Robert; Staal, Klaas - Tinbergen Institute - 2003

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 Structure and its Implications for Monetary Policy Decision-making

Berk, Jan Marc; Bierut, Beata K. - Tinbergen Institute - 2003

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

Redistribution and Education Subsidies are Siamese Twins

Bovenberg, A. Lans; Jacobs, Bas - Tinbergen Institute - 2005

We develop models of optimal linear and non-linear income taxation with endogenous human capital formation to explore optimal education subsidies. Optimal subsidies on education ensure efficiency in human capital accumulation and thus play an important role in alleviating the tax distortions on...

Persistent link: https://www.econbiz.de/10005136992

Informal Sector in Developed and less Developed Countries: A Literature Survey

Gerxhani, Klarita - Tinbergen Institute - 1999

The main goal of this study is two-fold: (1) to provide a general overview of the contributions to the literature on the informal sector, with a special focus on the Public Choice approach; and (2) to compare these contributions across two institutionally different types of countries: developed...

Persistent link: https://www.econbiz.de/10005144460

Experimental Public Choice

Schram, Arthur J.H.C. - Tinbergen Institute - 2002

experiments on public goods, participation games, rent-seeking and lobbying, and spatial voting. …

Persistent link: https://www.econbiz.de/10005136963

The Rationality behind Immigration Preferences

Dalen, Hendrik P. van; Henkens, Kène - Tinbergen Institute - 2004

What drives stated preferences about the number of foreigners? Is it self-interest as stressed by the political economy of immigration? Does social interaction affect this preference or is the immigration preference completely in line with the preference for the aggregate population size? In...

Persistent link: https://www.econbiz.de/10005136966

Errors in Judicial Decisions

Sonnemans, Joep; Dijk, Frans van - Tinbergen Institute - 2008

verdict. In this experiment we examine the relationship between evidence of which the strength is known, subjective …

Persistent link: https://www.econbiz.de/10005209452