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The Impact of Council's Internal Decision-Making Rules on the Future EU

Widgren, Mika - 2021

evaluated. Internal impact affects the distribution of power among the member states and external impact affects power relations …

Persistent link: https://www.econbiz.de/10013316612

The impact of council's internal decision-making rules on the future EU

Widgrén, Mika - 2008

evaluated. Internal impact affects the distribution of power among the member states and external impact affects power relations …

Persistent link: https://www.econbiz.de/10010264287

The bail-out! Positive political economics of greek-type crises in the EMU

Fahrholz, Christian; Wójcik, Cezary - 2010

The Greek bail-out was highly controversial. An oft-heard assessment is that i) the bail-out was a mistake, ii) the political haggling over it was irrational and iii) the bail-out will create a moral hazard problem. Contrary to this view, our analysis suggests that, given EMU's present...

Persistent link: https://www.econbiz.de/10010274897

Dynamic Ic and Dynamic Programming

Kwon, Suehyun - 2019

This paper develops a dynamic programming method when the one-stage deviation principle in the sense of mechanism design literature doesn’t hold. The commonly used dynamic programming method is valid only if the one-stage deviation principle in the sense of mechanism design literature is...

Persistent link: https://www.econbiz.de/10012889686

From Separate Accounting to Formula Apportionment : Analysis in a Dynamic Framework

Radulescu, Doina Maria - 2021

This paper analyzes the switch from Separate Accounting to Formula Apportionment in a dynamic framework. The model features both purely domestic corporations and a domestic multinational which invests at home and abroad as well as a purely foreign corporation and a foreign multinational which...

Persistent link: https://www.econbiz.de/10013316813

Dynamic Programming on a Quantum Annealer : Solving the RBC Model

Fernández-Villaverde, Jesús; Hull, Isaiah - 2023

We introduce a novel approach to solving dynamic programming problems, such as those in many economic models, on a quantum annealer, a specialized device that performs combinatorial optimization. Quantum annealers attempt to solve an NP-hard problem by starting in a quantum superposition of all...

Persistent link: https://www.econbiz.de/10014347831

Bargaining and Conflict with Up-Front Investments : How Power Asymmetries Matter

Schaller, Zachary - 2020

We examine settings - such as litigation, labor relations, or arming and war - in which players first make non-contractible up-front investments to improve their bargaining position and gain advantage for possible future conflict. Bargaining is efficient ex post, but we show that a player may...

Persistent link: https://www.econbiz.de/10012843431

Too Big to Prevail : The Paradox of Power in Coalition Formation

Ke, Changxia; Morath, Florian; Newell, Anthony; Page, Lionel - 2021

strategic disadvantage: a greater voting power in forming a winning coalition is undermined by the threat of being overly …

Persistent link: https://www.econbiz.de/10013235112

The Dynastic Transmission of Power, Exit Options and the Coevolution of Rent-Seeking Elites

Silve, Arthur; Verdier, Thierry - 2023

generations. Exit options across different political entities lead to a joint evolution of local power structures …

Persistent link: https://www.econbiz.de/10014356609

The KOF Globalisation Index - Revisited

Gygli, Savina - 2019

We introduce the revised version of the KOF Globalisation Index, a composite index measuring globalization for every … country in the world along the economic, social and political dimension. The original index was introduced by Dreher (2006 …) and updated in Dreher et al. (2008). This second revision of the index distinguishes between de facto and de jure measures …

Persistent link: https://www.econbiz.de/10012892154

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