The indicators get different weights, when they are summarised to one figure. This weighting scheme is problematic for different reasons. On the one hand, the used transformations of the variables are non-permissible. On the other hand, the weighting of the indicators is not meaningful, because...

We study the strategic incentives of regional governments to allocate their budget to public investment and to public consumption expenditures against the background of an incentive-compatible redistribution policy set by the central government. Regional investment changes the productivity...

A model of interregional competition for the location of new (production) facilities by a location decision maker (LDM) is analyzed as a differential game. Two regions try to enhance their attraction by making concessions to the LDM in order to raise the probability that a new facility will be...