Showing 1 - 10 of 67
This note analyzes the efficiency properties of the equilibrium in a multilateral bargaining game in which a legislature divides a budget among collective and particularistic goods. We extend the model of Volden and Wiseman (2007) by considering smooth utility functions and consensus...
Persistent link: https://www.econbiz.de/10010835346
Empirical studies such as Goyal, van der Leij and Moraga (2006) or Newman (2004) show that scientific collaboration networks present a highly unequal and hierarchical distribution of links. This implies that some researchers can be much more active and productive than others and, consequently,...
Persistent link: https://www.econbiz.de/10005612444
This paper analyzes the incentives of the members of a committee to acquire skills, when they will share a fixed budget among them in ex-post negotiations. Skills are interpreted as the ability to manage a collective budget, in the sense that shares assigned to skilled agents generate positive...
Persistent link: https://www.econbiz.de/10010610797
This paper aims to investigate the effects of the introduction of an active welfare state measure, the Revenu de Solidarité Active (RSA), in France. The RSA replaced the old system of social minima, comprised by RMI and API. By using a micro-macro simulation model we characterize the effects on...
Persistent link: https://www.econbiz.de/10011079378
The present work studies optimal taxation of labour income when taxpayers are allowed to evade taxes. The analysis is conducted within a general non-linear tax framework, providing a characterisation of the solution for risk-neutral and risk-averse agents. For risk-neutral agents the optimal...
Persistent link: https://www.econbiz.de/10011127987
This study extends the Rational Addiction theory by introducing an endogenous discounting of future utilities. The discount rate depends on habits accumulation over time which occur because of the repeated consumption of an addictive good. The endogeneity of the discount rate affects consumption...
Persistent link: https://www.econbiz.de/10011127988
In this paper we investigate the connection between cost asymmetries and the sustainability of collusion within the context of a infinitely repeated Cournot duopoly. We assume that firms are able to coordinate on distinct output levels than the unrestricted joint profit maximization outcome. We...
Persistent link: https://www.econbiz.de/10010905516
This study proposes a novel approach for estimating the rules governing the distribution of resources among wife, husband and children, using a complete collective demand system with individual Engel effects. The model contributes to the literature by explicitly modeling intrahousehold...
Persistent link: https://www.econbiz.de/10010934842
Gains from the incorporation of monetary values for changes in environmental goods and services within cost-benefit analysis depend on how well researchers can estimate these values. One key problem in both stated and revealed preference approaches is how best to model preference heterogeneity....
Persistent link: https://www.econbiz.de/10010937857
Climate change will further exacerbate wetland deterioration, especially in the Mediterranean region. On the one side, it will accelerate the decline in the populations and species of plants and animals, this resulting in an impoverishment of biological abundance. On the other one, it will also...
Persistent link: https://www.econbiz.de/10010937858