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Voluntary Matching Grants Can Forestall Social Dumping
Dreze, Jacques H.; Figuieres, Charles; Hindriks, Jean - 2021
European economic integration leads to increasing factor mobility, thereby threatening the stability of social transfer programs. This paper investigates the possibility of achieving, by means of voluntary matching grants, both the optimal allocation of factors and the optimal level of...
Persistent link: https://www.econbiz.de/10013317279
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Optimal Law Enforcement with Sophisticated and Naive Offenders
Buechel, Berno - 2018
Research in criminology has shown that the perceived risk of apprehension often differs substantially from the true level. To account for this insight, we extend the standard economic model of law enforcement (Becker, 1968) by considering two types of offenders, sophisticates and naïves. The...
Persistent link: https://www.econbiz.de/10012913196
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Optimal Liability When Consumers Mispredict Product Usage
Baniak, Andrzej - 2016
We contrast alternative liability rules for social control of product risks when heterogeneous consumers considering …' mispredictions vary with the prevailing liability regime. We first characterize the consumers' purchasing decision and the … equilibrium levels of safety and activity from the product's usage under no liability, strict liability, and negligence rule. We …
Persistent link: https://www.econbiz.de/10012988969
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Partial Fiscal Decentralization and Public-Sector Heterogeneity : Theory and Evidence from Norway
Borge, Lars-Erik - 2012
This paper provides an empirical test of a principal tenet of fiscal federalism: that spending discretion, when granted to localities, leads to public-sector heterogeneity, with public-good levels adjusting to suit local demands. The test is based on a simple model of partial fiscal...
Persistent link: https://www.econbiz.de/10013099563
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Ex-Post Redistribution in a Federation : Implications for Corrective Policy
Koethenbuerger, Marko - 2006
This paper analyzes whether changes in the timing of equalizing transfers to state governments necessitate an adjustment in federal corrective policy. According to the existing literature (assuming an ex-ante choice of transfers), the corrective grant is equal to the marginal damage/benefit...
Persistent link: https://www.econbiz.de/10012779700
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Intergovernmental Grants as Signals and the Alignment Effect : Theory and Evidence
Bracco, Emanuele - 2015
This paper provides a simple political agency model to explain the effect of political alignment between different tiers of government on intergovernmental grants and election outcomes. Key features of the model are: (i) rational voters interpret public good provision as a signal of incumbent...
Persistent link: https://www.econbiz.de/10013026684
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The Assignment and Division of the Tax Base in a System of Hierarchical Governments
Hoyt, William H. - 2016
Vertical externalities, changes in one level of government's policies that affect the budget of another level of government, may lead to non-optimal government policies. These externalities are associated with tax bases that are shared or “co-occupied” by two levels of government. Here I...
Persistent link: https://www.econbiz.de/10012994698
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Why Does Environmental Policy in Representative Democracies Tend to Be Inadequate? A Preliminary Public Choice Analysis
Kollmann, Andrea - 2010
. To identify the reasons for this insufficient implementation in the past decade the Public Choice theory is used. The …
Persistent link: https://www.econbiz.de/10013136587
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Punitive Police? Agency Costs, Law Enforcement, and Criminal Procedure
Dharmapala, Dhammika - 2015
Criminal law enforcement depends on the actions of public agents such as police officers, but the resulting agency problems have been neglected in the law and economics literature (especially outside the specific context of corruption). We develop an agency model of police behavior that...
Persistent link: https://www.econbiz.de/10013023194
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The Interaction of Legal and Social Norm Enforcement
Kube, Sebastian - 2010
Although legal sanctions are often non-deterrent, we frequently observe compliance with ‘mild laws'. A possible explanation is that the incentives to comply are shaped not only by legal, but also by social sanctions. This paper employs a novel experimental approach to study the link between...
Persistent link: https://www.econbiz.de/10013142143