Similar Search Results

Gupta, Sanjay; Swenson, Charles W. - 2010

This study examines the role of managers’ political campaign contributions in relation to their firms’ tax benefits … firm. Using a major tax law change, we find that firms’ political action committee contributions and individual managers … contributions to be an increasing function of managers’ wealth effects through the existence of bonus plans that are based on after …

Persistent link: https://www.econbiz.de/10014034995

Excess returns and the distinguished player paradox

Blonski, Matthias (contributor); … - 2008

distinguished player if he also can trade shares of the firm on a market. Arbitrage-free asset pricing theory suggests that the …

Persistent link: https://www.econbiz.de/10003776197

A Theory of Rent Seeking with Informational Foundations

Lagerlöf, Johan N. M. - 2006

I develop a model of rent seeking with informational foundations and an arbitrary number of rent seekers, and I compare the results with Tullock's (1980) classic model where the influence activities are "black-boxed." Given the microfoundations, the welfare consequences of rent seeking can be...

Persistent link: https://www.econbiz.de/10014055780

Delegation and recruitment in organizations : the slippery slope to "bad" leadership

Çakır, Selcen; Matakos, Konstantinos; Tukiainen, Janne - 2022

We construct a dynamic model of two-sided sorting in labor markets with multi-dimensional agent and firm heterogeneity. We apply it to study optimal party structure and the decision of how (de)centralized candidate recruitment should be. Parties are non-unitary actors and compete at the local...

Persistent link: https://www.econbiz.de/10014229853

Management impact in an experimental intergroup contest : conference paper

Eisenkopf, Gerald - 2013 - Preliminary draft

The paper presents experimental evidence on the impact of managers and their incentives on the behavior of group … particular if the managers payoff does not depend on the members behavior. Different incentives schemes induce the managers to … lead the groups into different directions but incentivized managers are less capable of inducing very high or low contest …

Persistent link: https://www.econbiz.de/10010340540

Political economics of external sovereign defaults

Achury, Carolina; Koulovatianos, Christos; Tsoukalas, John - 2015

We develop a dynamic recursive model where political and economic decisions interact, to study how excessive debt-GDP ratios affect political sustainability of prudent fiscal policies. Rent seeking groups make political decisions - to cooperate (or not) - on the allocation of fiscal budgets...

Persistent link: https://www.econbiz.de/10011302496

Partial exclusivity can resolve the empirical puzzles associated with rent-seeking activities

Leppälä, Samuli - 2018

This study presents a model in which interest groups compete for partially exclusive rents and the number of winners is stochastic. Partial exclusivity can explain the low empirical estimates of rent dissipation that create the Tullock paradox. However,partial exclusivity also increases...

Persistent link: https://www.econbiz.de/10011961962

Commodity revenues, agricultural sector and the magnitude of deindustrialization : a novel multisector perspective

Sadik-Zada, Elkhan; Loewenstein, Wilhelm; Hasanli, Yadulla - In: Economies : open access journal 7 (2019) 4/113, pp. 1-15

This study puts forward a model of a multisector economy and embeds it in a novel theoretical framework to address the relationship between commodity revenues and manufacturing output with a special focus on the role of the agricultural sector. The three-sector model lays the groundwork for...

Persistent link: https://www.econbiz.de/10012132219

Asymmetric yardstick competition : traditional procurement versus public-private partnerships

Di Liddo, Giuseppe; Vinella, Annalisa - 2019

We investigate yardstick competition between local jurisdictions in which pure rent-seeking incumbents undertake an identical infrastructure project choosing be- tween two contractual arrangements with different financing profiles, namely traditional procurement (TP) and public-private...

Persistent link: https://www.econbiz.de/10011956309

The road to hell is paved with good intentions : modeling grant competition between universities

Daumann, Frank; Follert, Florian; Wassermann, Alfred - In: Economies : open access journal 11 (2023) 3, pp. 1-13

research financed by the grant are decisive. Our main implications for policy-makers and university managers are that …

Persistent link: https://www.econbiz.de/10014230969

1
2
3
4
5
6
7
8
9
10
Next
Last