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Equity and effectiveness of optimal taxation in contests under an all-pay auction
Mealem, Yosef; Nitsan, Shemuʾel - 2012
The means of contest design may include differential taxation of the prize. This paper establishes that, given a revenue-maximizing contest designer who faces a balanced-budget constraint, the optimal taxation scheme corresponding to an all-pay auction is appealing in two senses. First, it...
Persistent link: https://www.econbiz.de/10009488961
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Direct and structural discrimination in contests
Mealem, Yosef; Nitsan, Shemuʾel - 2013
This paper evaluates direct and structural discrimination as a means of increasing efforts in the most widely studied contests. We establish that a designer who maximizes efforts subject to a balanced-budget constraint prefers dual discrimination, namely, change of the contestants ́prize...
Persistent link: https://www.econbiz.de/10010223058
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The efficacy and efforts of interest groups in post elections policy formation
Epstein, Gil S.; Mealem, Yosef; Nitsan, Shemuʾel - 2012
This paper presents a new model of interest groups and policy formation in the legislature. In our setting, the already given party ideological predispositions and power distribution determine the expected policy outcome. Our analysis applies to the case of un-enforced or enforced party...
Persistent link: https://www.econbiz.de/10009683353
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Differential prize taxation and structural discrimination in contests
Mealem, Yosef; Nitsan, Shemuʾel - 2012
This paper evaluates differential prize taxation and structural discrimination as a means of increasing efforts in the most widely studied contests. We establish that a designer who maximizes efforts subject to a balanced-budget constraint prefers dual discrimination, namely, change of the...
Persistent link: https://www.econbiz.de/10009540773
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Aleatoric democracy
Frey, Bruno S.; Osterloh, Margit - 2016
a combination of voting and random decisions. By using random mechanisms the interests of the whole population are …
Persistent link: https://www.econbiz.de/10011571480
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Implementation of communication equilibria by correlated cheap talk : the two-player case
Vida, Péter; Forges, Françoise - 2011
We show that essentially every communication equilibrium of any finite Bayesian game with two players can be implemented as a strategic form correlated equilibrium of an extended game, in which before choosing actions as in the Bayesian game, the players engage in a pos-sibly infinitely long...
Persistent link: https://www.econbiz.de/10009010498
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Trade, insecurity, and the costs of conflict
Garfinkel, Michelle Robin; Skaperdas, Stergios; … - 2022
Typically, economics assumes that property rights over productive resources or goods are perfectly defined and costlessly enforced. The costs of insecurity and the resultant conflict are, however, real and often economically significant. In this paper, we examine how international trade regimes...
Persistent link: https://www.econbiz.de/10013419262
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International trade and stable resolutions of resource disputes
Garfinkel, Michelle Robin; Syropoulos, Constantinos - 2022
We consider a dynamic setting in which two sovereign states with overlapping ownership claims on a resource/asset first arm and then choose whether to resolve their dispute violently through war or peacefully through settlement. Both approaches depend on the states' military capacities, but...
Persistent link: https://www.econbiz.de/10013419332
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A theory of causal responsibility attribution
Engl, Florian - 2022
and punish other people if they perceive them to be responsible for the implementation of events that they like or dislike …. When the implementation of an event depends on the interaction of multiple persons and, potentially, moves of nature, the … which attempts to objectively capture the causal importance of a person's action for the implementation of an event in such …
Persistent link: https://www.econbiz.de/10013358767
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A better cycle-breaker for Swiss democracy?
Gersbach, Hans; Noguerales, Rodrigo Casado; Schenk, Samuel - 2024
When a counter-proposal is made to an initiative to change the Swiss constitution, the citizenry makes three binary majority choices: the initiative versus the status quo, the initiative versus the counter-proposal, and the status quo versus the counterproposal as a tie-breaker. If there is a...
Persistent link: https://www.econbiz.de/10015045176