Similar Search Results

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

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

Preemption in capacity and price determination : a study of endogenous timing of decisions for homogeneous markets

Güth, Sandra; Güth, Werner - 2000

Endogenous timing can help to derive the time structure of decision making instead of assuming it as exogenously given. In our study we consider a homogeneous market where, like in the model of Kreps and Scheinkman (1983), sellers determine "sales capacities" before prices. Sellers must serve...

Persistent link: https://www.econbiz.de/10001512855

The Kyoto protocol : an economic and game theoretic interpretation

Chander, Parkash (contributor) - 1999

Calling upon both positive and normative economics, we attempt to characterize the issues at stake in the current international negotiations on climatic change. We begin (Section 2) by reviewing the main features of the Protocol. Then (Section 3), we identify by means of an elementary economic...

Persistent link: https://www.econbiz.de/10001452220

Earmarked taxation : welfare versus political support

Bös, Dieter - 1999

Compared with the traditional public-finance approach of a monolithic fully informed planner, earmarking of taxation is less likely to be optimal if a principal-agent setting is considered, where taxing and spending are performed by two separate agents which are monitored by the parliament. We...

Persistent link: https://www.econbiz.de/10001440827

Monetary and fiscal policy design under EMU: a dynamic game approach

Aarle, Bas van (contributor) - 2000

This paper analyses the problem of designing macroeconomic stabilization policies within the European Monetary Union (EMU) as a dynamic game between a centralized monetary authority, the European Central Bank (ECB), and national fiscal policy makers. Non-cooperative feedback Nash equilibrium and...

Persistent link: https://www.econbiz.de/10001473958

Strategic restraint in contests

Epstein, Gil S.; Nitsan, Shemuʾel - 2000

Economic policy is modeled as the outcome of a (political) game between two interest groups. The possible ex-post (realized) outcomes in the game correspond to the proposed policies. In the literature the policies fought for are exogenous. We extend such games by allowing the endogenous...

Persistent link: https://www.econbiz.de/10001474364

Social ties in a public good experiment

Dijk, Frans van; Sonnemans, Joep; Winden, Frans A. A. M. van - 2000

The formation of social ties is examined in an experimental study of voluntary public good provision. The experimental design consists of three parts. In the first part the value orientation (attitude to a generalized other) is measured. In the second part couples play a multi-period public good...

Persistent link: https://www.econbiz.de/10001474389

R&D and production behavior of asymmetric duopoly subject to knowledge spillovers

Lukatch, Ruslan; Plasmans, Joseph E. J. - 2000

The authors construct an asymmetric duopolistic R&D and production behavior model subject to knowledge spillovers. This model is an extension to the symmetric model of d'Aspremont and Jaquemin (A&J (1988)) and aims to determine the cooperative and non-cooperative R&D strategiesfor two agents of...

Persistent link: https://www.econbiz.de/10001480419

Optimal education with mobile capital : an OLG approach

Viaene, Jean-Marie; Zilcha, Itzhak - 2000

The paper considers a two-country model of overlapping generations economies with intergenerational transfers carried out in the form of bequest and investment in human capital. The authors examine in competitive equlibrium the optimal provision of education with and without capital markets...

Persistent link: https://www.econbiz.de/10001489391