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Public Contracting in Delegated Agency Games
Martimort, David; Stole, Lars - Volkswirtschaftliche Fakultät, … - 2011
simultaneously offers a menu contract to a common provider of the public good in order to induce greater supply, and a lobbying game …
Persistent link: https://www.econbiz.de/10009251555
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Aggregate Representations of Aggregate Games
Martimort, David; Stole, Lars - Volkswirtschaftliche Fakultät, … - 2011
An aggregate game is a normal-form game with the property that each player’s payoff is a function only of his own strategy and an aggregate function of the strategy profile of all players. Aggregate games possess a set of purely algebraic properties that can often provide simple...
Persistent link: https://www.econbiz.de/10009251547
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Menu Auctions and Influence Games with Private Information
Martimort, David; Stole, Lars - Volkswirtschaftliche Fakultät, … - 2015
goods game in which players incentivize a common public good supplier, and a lobbying game between conflicting interest …
Persistent link: https://www.econbiz.de/10011185691
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Sincere Lobby Formation
Zudenkova, Galina - Volkswirtschaftliche Fakultät, … - 2010
This paper analyzes endogenous lobbying over a unidimensional policy issue. Individuals differ in policy preferences … and decide either to join one of two opposite interest lobbies or not to take part in lobbying activities. Once formed … likely to join lobbying activities. I find that lobbying somewhat moderates the government's preferences, i.e., it shifts the …
Persistent link: https://www.econbiz.de/10008805868
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Ideological Uncertainty and Lobbying Competition
Martimort, David; Semenov, Aggey - Volkswirtschaftliche Fakultät, … - 2008
Polarized interest groups (principals) compete to influence a decision-maker (agent) through monetary contributions. This decision-maker chooses a one-dimensional policy and has private information about his ideal point. Competition between interest groups under asymmetric information yields a...
Persistent link: https://www.econbiz.de/10005787025
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Direct Mechanisms, Menus and Latent Contracts
Piaser, Gwenaël - Volkswirtschaftliche Fakultät, … - 2007
In common agency games, one cannot characterize all equilibria by considering only direct mechanisms. In an attempt to overcome this difficulty, Peters [Econometrica, 2001]and Martimort and Stole [Econometrica, 2002] identified a class of indirect mechanisms (namely, menus) which are able to...
Persistent link: https://www.econbiz.de/10005616979
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Estimating the impact of immigrants on the host country social security system when return migration is an endogenous choice
Kirdar, Murat G. - Volkswirtschaftliche Fakultät, … - 2008
In this paper, I examine the impact of immigrants on the social security system in Germany when return migration is an endogenous choice. For this purpose, I develop a dynamic stochastic model of joint return migration and saving decisions that accounts for uncertainty in future employment and...
Persistent link: https://www.econbiz.de/10005835923
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Central Banks and Payment Instruments: a Serious Case of Schizophrenia
VAN HOVE, Leo - Volkswirtschaftliche Fakultät, … - 2007
This article analyses the competition between cash and payment cards against the backdrop of the dual role of central banks - as issuers of cash and as institutions with a mandate to foster the efficiency of payment systems in general. It is argued that this dual role results in a number of...
Persistent link: https://www.econbiz.de/10005835926
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Growing out of poverty: trends and patterns of urban poverty in China 1988–2002
Appleton, Simon; Song, Lina; Xia, Qingjie - Volkswirtschaftliche Fakultät, … - 2008
This paper estimates trends in absolute poverty in urban China from 1988 to 2002 using the Chinese Household Income Project (CHIP) surveys. Poverty incidence curves are plotted, showing that poverty has fallen markedly during the period regardless of the exact location of the poverty line....
Persistent link: https://www.econbiz.de/10005836035
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Emerging pattern of India's outward foreign direct investment under influence of state policy: A macro view
Singh, Lakhwinder; Jain, Varinder - Volkswirtschaftliche Fakultät, … - 2009
Emerging growth dynamism of Indian economy in rapidly globalising world is highly recognised and commented by a large body of researchers during the recent period. In fact, the Indian planning has made long concerted effort to develop strategic and competitive capabilities in the agents of...
Persistent link: https://www.econbiz.de/10005836079