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Pushing the Prize Up, A Few Notes on Al-Qaeda's Reward Structure and the choice of Casualties
Caruso, Raul; Locatelli, Andrea - EconWPA - 2005
The article aims at suggesting possible conjectures on Al-Qaeda's logic and structure. Even if the organization's secrecy makes any empirical evidence difficult to find, some insight can be provided by economic theory of contests: in this terms, Al-Qaeda can be acknowledged like an agent...
Persistent link: https://www.econbiz.de/10005408420
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A Very Simple Model of Conflict with Asymmetric Evaluations and Institutional Constraint
Caruso, Raul - EconWPA - 2005
This paper considers a partial equilibrium model of conflict where two asymmetric, rational and risk-neutral opponents … conflict in order to appropriate a positive fraction of a stake. An institutional constraint is modelled through an exogenously … conflicting agents are willing to commit themselves to ease the conflict joining an institutional setting they do not ‘disarm …
Persistent link: https://www.econbiz.de/10005408438
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The Role and Evolution of Central Authorities
Frijters, Paul; Tieman, Alexander F. - EconWPA - 1999
In this paper we argue that authorities aid cooperation by means of direct coordination or the enforcement of pre-commitment devices such as contract laws.Credible threats of violence allow this role. In a local interaction model, an authority forms if mutually connected individuals with...
Persistent link: https://www.econbiz.de/10005412451
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COORDINATION, COOPERATION, AND THE EXTENDED COASEAN APPROACH TO ECONOMIC POLICY
Chilosi, Alberto - EconWPA - 2003
The Coasean way to deal with the cooperation failure that is implicit in Pareto inefficiency is to remove or lessen the obstacles to cooperation through the attribution of property rights and the elimination or reduction of transaction costs. The relevance of this approach is however undermined...
Persistent link: https://www.econbiz.de/10005560990
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Privatizing Profits of Bulgaria's State Enterprises, TRANSITION newsletter about transition economies, The World Bank, Vol. 6, No.3, March 1995.
Bogetic, Zeljko; Hillman, Arye - EconWPA - 2005
The note documents and discusses the modalities and consequences of the phenomenon of siphoning profits of state enterprises for private uses by state enteprise managers and insiders in Bulgaria during the period of early transition.
Persistent link: https://www.econbiz.de/10005076580
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An international comparison of effective marginal taxes on labour use
Romero-Jordan, Desiderio; Sanz-Sanz, José Felix - EconWPA - 2004
The purpose of this paper is to compare the different levels of tax rates on the use of the labour force in a range of OECD countries, using the methodology of effective marginal tax rates. Results for the United Kingdom, Australia, Sweden, France, Germany, Italy, Portugal, Japan, the United...
Persistent link: https://www.econbiz.de/10005076585
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Manipulated, Misled, Ignored, Abused: Residential Consumer Experience with Electric Deregulation in the United Kingdom
Jewell, Kevin - EconWPA - 2004
The United Kingdom began deregulating its electric market years before the U.S. Thus, the UK provides the best example of what can be expected in the deregulated residential retail electric market in the United States. . An extensive review of the evidence found: Questionable price savings:...
Persistent link: https://www.econbiz.de/10005076594
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Funding Asymmetries in Electoral Competition: How important is a level playing field?
Vanberg, Christoph - EconWPA - 2004
I investigate the idea that campaign spending limits may help to level the playing field in electoral competition between parties who have unequal access to campaign funds. The model assumes that the supporters of one party are on average wealthier than those who support a competing party....
Persistent link: https://www.econbiz.de/10005076597
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A microeconometric model for analysing efficiency and distributional effects of tax reforms: a review of results for Italy and Norwayƒx
Aaberge, Rolf; Colombino, Ugo - EconWPA - 2005
In this contribution we illustrate various applications of a behavioural microsimulation model that we have been developing during the last years. Behavioural models are complex and costly tools to develop, use and maintain, but also very powerful ones as we wish to show through the examples...
Persistent link: https://www.econbiz.de/10005076599
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The Institutions of Federalism: Toward an Analytical Framework
Wildasin, David E. - EconWPA - 2004
Mature federations have relatively transparent delineations of authority among levels of government; subnational governments enjoy considerable autonomy in their expenditure, revenue, and debt policies. In other countries, problems of soft budget constraints, bailouts, and fiscal and financial...
Persistent link: https://www.econbiz.de/10005076603