Showing 1 - 10 of 91
The compromise enhancing effect of lobbying on public policy has been established in two typical settings. In the first, lobbies are assumed to act as 'principals' and the setters of the policy (the candidates in a Downsian electoral competition or the elected policy maker in a citizen-...
Persistent link: https://www.econbiz.de/10010261146
This paper analyzes nature protection by a social planner under different ?utilitarian? social welfare functions. For that purpose we construct an integrated model of the economy and the ecosystem with explicit consideration of nonhuman species and with competition between human and nonhuman...
Persistent link: https://www.econbiz.de/10010261248
Based on economic methodology we model an ecosystem with two species in predator-prey relationship: mice feed on grain and grain feeds on a resource. With optimizing behaviour of individual organisms a short-run ecosystem equilibrium is defined and characterized that depends on the farmer's use...
Persistent link: https://www.econbiz.de/10010261306
In this paper we develop a micro ecosystem model whose basic entities are representative organisms which behave as if maximizing their net offspring under constraints. Net offspring is increasing in prey biomass intake, declining in the loss of own biomass to predators and Allee's Law applies....
Persistent link: https://www.econbiz.de/10010261323
In the environmental economics literature the standard approach of modeling nonlinear production and abatement processes is to treat waste emissions "simply as another factor of production" (Cropper and Oates 1992). That approach doesn't map the materials flow involved completely and hides,...
Persistent link: https://www.econbiz.de/10010261339
By the well established tournament literature, incomplete information regarding the employees? productivity is essential for the rationalization of (efficiency-enhancing) tournaments. In this paper we propose an alternative rationalization of tournaments focusing on a fully informed principal...
Persistent link: https://www.econbiz.de/10010261791
We use economic theory to examine the intensity of fundamentalist sects. Leaders work to enhance their followers? observance level. We model three stylized situations under which fundamentalist groups function, examining the intensity of observance in each. We find that, under reasonable...
Persistent link: https://www.econbiz.de/10010261982
In this paper we study the endogenous determination of minimum wage employing a political-economic game-theoretic approach. A major objective of the paper is to clarify the crucial role of the strength of the workers? union and of political culture on the determination of the minimum wage. In...
Persistent link: https://www.econbiz.de/10010262294
The social contract of the welfare state can be strained by the arrival of immigrants who receive welfare payments financed by citizens? taxes. We show, however, that the presence of unemployed immigrants receiving welfare payments is consistent with social harmony. The social harmony, which is...
Persistent link: https://www.econbiz.de/10010262377
This paper looks at the situation of legal immigrants who employ illegal immigrants to provide them with various services. This enables the legal immigrants to allocate more time to other work, thereby increasing their earnings. Illegal immigrants employed by legal immigrants may specialize in...
Persistent link: https://www.econbiz.de/10010262409