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lead to bargaining failure and might explain a lack of observed coordination. We consider international negotiations about … tax coordination under complete and incomplete information. We identify the conditions for multilateral negotiations to be … bargaining. Under plausible conditions, full-scale global coordination is least likely to emerge if the negotiations take place …
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fully decentralized negotiations, particularly if the objectives of the members of the coalition group are not always …
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group in comparison to fully decentralized negotiations, particularly if the objectives of the members of the coalition …
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Altruists and envious people who meet in contests are symbionts. They do better than a population of narrowly rational individuals. If there are only altruists and envious individuals, a particular mixture of altruists and envious individuals is evolutionarily stable.
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We analyze the incidence and welfare effects of unit sales taxes in experimental monopoly and Bertrand markets. We find, in line with economic theory, that firms with no market power are able to shift a high share of a tax burden on to consumers, independent of whether buyers are automated or...
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