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High employment protection in the public sector results in strategic over-employment if government divisions compete for budgets in a dynamic setting. Bureaucrats who are interested in maximising their divisions’ output employ excess labor, since this induces the sponsor to provide...
Persistent link: https://www.econbiz.de/10005181370
gesellschaftlichen Kosten sind beträchtlich. Der Umfang der Verluste an Lebenszufriedenheit wird auf Basis einer repräsentativen Studie …
Persistent link: https://www.econbiz.de/10012285124
High employment protection in the public sector results in strategic over-employment if government divisions compete for budgets in a dynamic setting. Bureaucrats who are interested in maximising their divisions' output employ excess labor, since this induces the sponsor to provide complementary...
Persistent link: https://www.econbiz.de/10010263971
High employment protection in the public sector results in strategic over-employment if government divisions compete for budgets in a dynamic setting. Bureaucrats who are interested in maximising their divisions' output employ excess labor, since this induces the sponsor to provide complementary...
Persistent link: https://www.econbiz.de/10012779343
We show how norms can solve the distributional conflict inside a group in an anarchic environment and yield efficient coordination of collective action in a conflict with an external competitor. The equilibrium of the fully non-cooperative game with finite horizon has two interesting features....
Persistent link: https://www.econbiz.de/10011096179
We study how norms can solve distributional conflict inside a clan and the efficient coordination of collective action in a conflict with an external enemy. We characterize a fully non-cooperative equilibrium in a finite game in which a self-enforcing norm coordinates the members on efficient...
Persistent link: https://www.econbiz.de/10005656134
A lack of sufficient diversification in research strategies has been identified as an important problem for delegated research. We show that this problem can be solved by local competition (such as bribery, lobbying, rent seeking, competition at the patent office) among players who apply the...
Persistent link: https://www.econbiz.de/10011117308
Leaders compensate supporters not just for performing their duties but also in order to preempt an overthrow by the same supporters. We show how succession rules affect the power of leaders relative to supporters as well as the resources expended on possible succession struggles. We compare two...
Persistent link: https://www.econbiz.de/10010261326
and this can shelter rents and reduce rent dissipation compared to some of the less efficient pure strategy equilibria …
Persistent link: https://www.econbiz.de/10009407607
The standard contest model in which participants compete in a single dimension is well understood and documented. Multi-dimension extensions are possible but are liable to increase the complexity of the contest structure, mitigating one of its main advantages: simplicity. In this paper we...
Persistent link: https://www.econbiz.de/10010343948