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This paper investigates the impact of program budget size on monitoring and competitive bidding in the public sector. A sequential game is developed involving a ministry and bureau strategically interacting in the provision of a public sector good. The ministry copes with imperfect information...
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This paper investigates the earnings gap between Black and White workers in the Canadian economy using 2006 Canadian Census data. Several studies have examined visible minority earnings in Canada (e.g., Hou and Coulombe, 2010; Pendakur and Pendakur, 2011; Yap and Konrad, 2009). Recent research...
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This paper studies the finite horizon version of the negotiation model of Busch and Wen (1995). Two players bargain over the division of a certain surplus in finitely many periods. In the absence of an agreement, players¡¯ payoffs in a period are determined by a disagreement game. The set of...
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