Showing 1 - 10 of 106
The Internet globalizes the world. National regulatory autonomy shrinks. Transferring data from one country to another is almost costless. Foreign content is just a click away. Why is it that states have been able to re-install co-existence in some policy areas, and not in others? In data...
Persistent link: https://www.econbiz.de/10011582891
has on the bailout policies and argue that these policies can be subgame perfect equilibrium strategies. -- bailouts …
Persistent link: https://www.econbiz.de/10003731179
The analysis of common goods needs to look very carefully at the characteristics of the goods and of the social situations of their provision. Different characteristics lead to different strategic constellations and therefore to different opportunities for institutional solutions to the problems...
Persistent link: https://www.econbiz.de/10011582950
The Internet epitomizes globalisation. There are not many international treaties on Internet issues so far. For the time being, governance of the Internet by law will thus basically have to be governance by national law. Most cyber scholars are therefore in the business of exploring alternative...
Persistent link: https://www.econbiz.de/10011582675
The nonexistence of equilibria in models of electoral competition involving multiple issues is one of the more puzzling results in political economics. In this paper, we relax the standard assumption that parties act as expected utility maximizers. We show that equilibria often exist when...
Persistent link: https://www.econbiz.de/10003971531
coordination game has a unique symmetric non-sunspot equilibrium, which is also risk-dominant. Other equilibria can be ordered … signals may also cause sunspot-driven behavior, even though this is no equilibrium. The higher the correlation of signals and …
Persistent link: https://www.econbiz.de/10009413032
We study tax evasion and decentralized tax enforcement in a federal economy with mobile capital and the endogenous formation of multiregional companies. Regions use their enforcement policy as a strategic instrument to engage in fiscal competition. Within this framework, we analyze the...
Persistent link: https://www.econbiz.de/10010264850
for the existence of a zero-contribution equilibrium. Furthermore, we study how sensitive the main findings are to …
Persistent link: https://www.econbiz.de/10010270446
We study tax evasion and decentralized tax enforcement in a federal economy with mobile capital and the endogenous formation of multiregional companies. Regions use their enforcement policy as a strategic instrument to engage in fiscal competition. Within this framework, we analyze the...
Persistent link: https://www.econbiz.de/10003731284
for the existence of a zero-contribution equilibrium. Furthermore, we study how sensitive the main findings are to …
Persistent link: https://www.econbiz.de/10003971532