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Foros, Øystein - 2010

In this paper we compare the profitability of a merger to the profitability of a partial ownership arrangement and find that partial ownership arrangements can be more profitable for the acquiring and acquired firm because they can result in a greater dampening of competition. We also derive...

Persistent link: https://www.econbiz.de/10013148773

Of Donor Coordination, Free-Riding, Darlings, and Orphans : The Dependence of Bilateral Aid on Other Bilateral Giving

Davies, Ronald B. - 2013

Using data from 1988 to 2007, we examine to what extent bilateral aid flows of an individual donor to a country depend on aid flows from all other bilateral and multilateral donors to that country. We thereby want to assess to what extent donor coordination, free-riding, selectivity,...

Persistent link: https://www.econbiz.de/10013083870

Free-Riding or Internalizing? An Opportunistic View on Decentralization versus Centralization

Fiorillo, Fabio - 2011

comparing decentralized and centralized system. As in the recent Second Generation Theory (SGT) of fiscal federalism (Seabright … rent-seeking behaviour. Moreover, modelling interregional externalities as a mechanism contributing to lowering the … production cost of the public good in each region, a different trade-off - from the traditional and new theory of fiscal …

Persistent link: https://www.econbiz.de/10013130419

Forging a Global Environmental Agreement Through Trade Sanctions on Free Riders?

Eichner, Thomas - 2015

This paper studies the formation of self-enforcing global environmental agreements in a world economy with international trade and two groups of countries that differ with respect to fuel demand and environmental damage. It investigates whether the signatories' threat to embargo (potential) free...

Persistent link: https://www.econbiz.de/10013020519

Call My Rep! How Unions Overcame the Free-Rider Problem

Murphy, Richard - 2017

This paper proposes an explanation of why union membership has been increasing in some occupations, despite the opportunity to freeride on traditional union benefits. I model membership as legal insurance whose demand increases with the perceived risk of allegations. Using media reports on...

Persistent link: https://www.econbiz.de/10012960116

The Power of a Bad Example - A Field Experiment in Household Garbage Disposal

Dur, Robert A. J.; Vollaard, Ben A. - 2021

Field-experimental studies have shown that people litter more in more littered environments. Inspired by these findings, many cities around the world have adopted policies to quickly remove litter. While such policies may prevent people from following the bad example of litterers, they may also...

Persistent link: https://www.econbiz.de/10013315612

Brothers in Arms - An Experiment on the Alliance Puzzle

Ke, Changxia; Konrad, Kai A.; Morath, Florian - 2021

would be expected from non-cooperative theory. Second, this possible solidarity among ‘brothers in arms’ when fighting …

Persistent link: https://www.econbiz.de/10013316073

Inefficient Group Organization as Optimal Adaption to Dominant Environments

Kolmar, Martin; Wagener, Andreas - 2021

Contests between groups are plagued by intra-group externalities (free-riding). Yet, costless incentive schemes that … strength differences between groups. If both groups rein in their intra-group externalities, they are both worse off, compared …

Persistent link: https://www.econbiz.de/10013316174

Social Preferences, Beliefs, and the Dynamics of Free Riding in Public Good Experiments

Fischbacher, Urs; Gächter, Simon - 2021

We provide a test of the role of social preferences and beliefs in voluntary cooperation and its decline. We elicit individuals' cooperation preferences in one experiment and use them - as well as subjects' elicited beliefs - to explain contributions to a public good played repeatedly. We find...

Persistent link: https://www.econbiz.de/10013316430

Wealth Inequality and Externalities from Ex Ante Skill Heterogeneity

Angelopoulos, Konstantinos - 2017

This paper develops an incomplete markets model with state dependent (Markovian) stochastic earnings processes and ex ante skill heterogeneity corresponding to being university educated or not. Using the Wealth and Assets Survey for Great Britain, we find that the university educated group has...

Persistent link: https://www.econbiz.de/10012949580