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We study effort provision and incentivisation in a Tullock group-contest with m ≥ 2 groups that differ in size. A novel algorithmic procedure is presented that, under a symmetry assumption, explicitly characterises the equilibrium. Endogenous, optimal incentivisation schemes are then...
Persistent link: https://www.econbiz.de/10014552943
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/10011600156
nations. -- Natural Resources ; Rentier States ; Conflict and Endogenous Political Regimes …
Persistent link: https://www.econbiz.de/10009535530
This paper presents an integrated overview of the literature linking institutions, financial development and economic … impact of institutions on growth through financial development. …
Persistent link: https://www.econbiz.de/10011290078
Persistent link: https://www.econbiz.de/10012300553
This study is a first contribution to prioritization across productivity determinant capabilities that attempts to obtain the equivalent of a "shadow price" for each of these capabilities by estimating their impact on the success a country may have in reaching higher income per capita groups....
Persistent link: https://www.econbiz.de/10011457783
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beliefs and participation, the relation between the size of the religion and the intensity of its members’ beliefs, religious … segregation and religious conflicts. -- Economics of Religion ; Religion ; Organizations ; Beliefs …
Persistent link: https://www.econbiz.de/10008729434