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Optimal factor income taxation in the precence of unemployment

Koskela, Erkki; Schöb, Ronnie - 2000

that labour markets clear competitively. At least for Europe which has been suffering fom high unemployment for a long time …, this assumption does not seem appropriate. This paper studies the optimal factor taxation in the presence of unemployment … the private sector playing a Nash game. The main conclusion is that in the presence of unemployment, the conventional …

Persistent link: https://www.econbiz.de/10001477212

Effort and performance in public-policy contests

Epstein, Gil S.; Nitsan, Shemuʾel - 2002

Government intervention often gives rise to contests in which the possible 'prizes' are determined by the existing status-quo and some new public- policy proposal . In this paper we study the general class of such two-player public-policy contests and examine the effect of a change in the...

Persistent link: https://www.econbiz.de/10001648839

The signaling role of municipal currencies in local development

Jayaraman, Rajshri; Oak, Mandar - 2003

The last decade has seen the burgeoning of several hundred local community currency institutions in cities across the world. Although residents of these communities claim that local currency promotes local development, how if at all it does so has hitherto been unexplored. This paper argues that...

Persistent link: https://www.econbiz.de/10001754928

Tax competition in a fiscal union with decentralized leadership

Köthenbürger, Marko - 2003

This paper examines capital tax competition in the presence of an interstate transfer policy without federal commitment. Lack of commitment implies that tax policy is chosen prior to federal transfers. The paper's main result is that ex-post federal policy internalizes horizontal fiscal...

Persistent link: https://www.econbiz.de/10001757867

Adverse selection in the annuity market with sequential and simultaneous insurance demand

Brunner, Johann K.; Pech, Susanne - 2002

This paper investigates the effect of adverse selection on the private annuity market in a model with two periods of retirement. In order to introduce the existence of limited-time pension insurance, we assume that for each period of retirement separate contracts can be purchased. Demand for the...

Persistent link: https://www.econbiz.de/10001731756

Strategic campaigns and redistributive politics

Schultz, Christian - 2003

Persistent link: https://www.econbiz.de/10001733386

Financing democracy

Gersbach, Hans; Liessem, Verena - 2002

Based on contribution patterns to parties in Germany and elsewhere, we suggest that European democracies should use a mixed system where private funding can play a larger role than public funding. In Germany the high level of public funding for parties can be reduced without expecting...

Persistent link: https://www.econbiz.de/10001737575

Altruism and envy in contests : an evolutionarily stable symbiosis

Konrad, Kai A. - 2002

Altruists and envious people who meet in contests are symbionts. They do better than a population of narrowly rational individuals. If there are only altruists and envious individuals, a particular mixture of altruists and envious individuals is evolutionarily stable.

Persistent link: https://www.econbiz.de/10001737581

Is strong reciprocity a maladaptation? : On the evolutionary foundations of human altruism

Fehr, Ernst; Henrich, Josef - 2003

In recent years a large number of experimental studies have documented the existence of strong reciprocity among humans. Strong reciprocity means that people willingly repay gifts and punish the violation of cooperation and fairness norms even in anonymous one-shot encounters with genetically...

Persistent link: https://www.econbiz.de/10001737652

Experiments and simulations on day-to-day route choice-behaviour

Selten, Reinhard; Schreckenberg, Michael; Pitz, Thomas - 2003

The paper reports laboratory experiments on a day-to-day route choice game with two routes. Subjects had to choose between a main road M and a side road S. The capacity was greater for the main road. 18 subjects participated in each session. In equilibrium the number of subjects is 12 on M and 6...

Persistent link: https://www.econbiz.de/10001771947