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Independence Axioms for Water Allocation
van den Brink, Rene; Estevez-Fernandez, Arantza; van … - 2011
We consider the problem of sharing water among agents located along a river. Each agent has quasi-linear preferences over river water and money, where the benefit of consuming an amount of water is given by a continuous and concave benefit function. A solution to the problem efficiently...
Persistent link: https://www.econbiz.de/10010326510
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Peaceful Agreements to Share a River
van den Brink, Rene; Nevrekar, Saish - 2020
This paper develops a model of conflict resolution over scarce water in a trans-boundary river. In our model, we consider countries that are located along a river and made a military investment. Given these investments and their location along the river, they sequentially bargain over the...
Persistent link: https://www.econbiz.de/10012233978
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The Importance of Emotions for the Effectiveness of Social Punishment
Hopfensitz, Astrid; Reuben, Ernesto - 2005
This paper experimentally explores how the enforcement of cooperative behavior in a social dilemma is facilitated through institutional as well as emotional mechanisms. Recent studies emphasize the importance of negatively valued emotions, such as anger, which motivate individuals to punish free...
Persistent link: https://www.econbiz.de/10010325579
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Perfection and Stability of Stationary Points with Applications to Noncooperative Games
van der Laan, Gerard; Talman, Dolf; Yang, Zaifu - 2002
It is well known that an upper semi-continuous compact- and convex-valued mapping fi from a nonempty compact and convex set X to the Euclidean space of which X is a subset has at least one stationary point, being a point in X at which the image fi(x) has a nonempty intersection with the normal...
Persistent link: https://www.econbiz.de/10010324999
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The Stability of Subdivision Operator
Protassov, Vladimir - 2001
stability of shifts ofrefinable function is not necessary for the convergence of thesubdivision process. This also leads to some …
Persistent link: https://www.econbiz.de/10010325019
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A Dynamic Analysis of Moving Average Rules
Chiarella, Carl; He, Tony; Hommes, Cars H. - 2005
with high fitness. We characterize the stability and bifurcation properties of the underlying deterministic model via the …
Persistent link: https://www.econbiz.de/10010325427
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Valuation Monotonicity, Fairness and Stability in Assignment Problems
van den Brink, René; Núñez, Marina; Robles, Francisco - 2018
Shapley value, but is incompatible with stability. A main goal in this paper is to weaken valuation fairness in such a way … that it is compatible with stability. It turns out that requiring equal changes only for buyers and sellers that are … matched to each other before as well as after the change, is compatible with stability. In fact, we show that the only stable …
Persistent link: https://www.econbiz.de/10011932342
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Tax Competition under Minimum Rates: The Case of European Diesel Excises
Evers, Michiel; de Mooij, Ruud A.; Vollebergh, Herman R.J. - 2004
This paper estimates Nash-type fiscal reaction functions for European governments competing for revenue from diesel excises. It appears that European governments strategically set their excise levels by responding to their neighbors’ tax rates. This provides evidence for the presence of tax...
Persistent link: https://www.econbiz.de/10010325268
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Will Corporate Tax Consolidation improve Efficiency in the EU ?
van der Horst, Albert; Bettendorf, Leon; … - 2007
The European Commission favours the introduction of a consolidated corporate tax base to overcome the distortions arising from the existing system of separate accounting. The blueprints for consolidation are simulated with the applied general equilibrium model CORTAX. We show that the benefits...
Persistent link: https://www.econbiz.de/10010325455
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Dynamic Equilibrium at a Congestible Facility under Market Power
Verhoef, Erik T.; Silva, Hugo E. - 2015
Various contributions to the recent literature on congestion pricing have demonstrated that when services at a congestible facility are provided by operators with market power, the case in point often being a few airlines jointly using a congested airport, optimal congestion pricing rules...
Persistent link: https://www.econbiz.de/10011288394