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There is growing consensus on the view that corruption hurts economic performance by reducing private investment, by adversely affecting the quantity and quality of public infrastructure, by reducing tax revenue, and by reducing human capital accumulation. In addition to inefficiency effects –...
Persistent link: https://www.econbiz.de/10009468223
The dissertation offers an analysis of the role of budgetary institutions on the determination of fiscal outcomes. In the second chapter I provide a theoretical model that rationalizes differences in fiscal outcomes of two countries that are supposed to obey the same set of numerical constraints...
Persistent link: https://www.econbiz.de/10009450941
dynamic setting, and illustrate it by modeling continuous conflict over renewable natural resources between two rival groups …) lead to conflict, and predict more conflict in the future. However, instances of conflict over resources in LDCs, absent … resource scarcity, also exist. Thus, it appears that the role of renewable resources in conflict may be greater than simply a …
Persistent link: https://www.econbiz.de/10009468454
experiments show how people systematically simplify more complex value components, e.g., disregard what they receive from indirect …
Persistent link: https://www.econbiz.de/10009467397
Mit der Liberalisierung des europäischen Marktes für elektrische Energie haben sich die Randbedingungen für alle in diesem Markt tätigen Unternehmen grundlegend verändert. Um das langfristige Ziel eines europäischen Binnenmarktes zu erreichen, sind erhebliche Eingriffe in die unter...
Persistent link: https://www.econbiz.de/10009467426
Diese Doktorarbeit besteht aus vier eigenständigen Forschungsarbeiten, die in der Zeit von Oktober 2004 bis Oktober 2007 geschrieben wurden, während ich Teilnehmer am "Doctoral Programme in Quantitative Economics and Finance" an der Universität Konstanz war. Meine Forschungsinteressen...
Persistent link: https://www.econbiz.de/10009471697
Today's predominant disclosure philosophy calls for the fulldisclosure of all decision relevant information bycompanies. More publicly available information, theargument goes, limits the adverse selection problem by reducinginformation asymmetry among heterogeneous investors. Thus, theliquidity...
Persistent link: https://www.econbiz.de/10009475317
Die Gründung des GATT Abkommens im Jahr 1947 sowie die Welthandelsorganisation führten zu weltweiten Zollsenkung. Seit deren Gründung haben sich mehr als 150 Länder innerhalb von acht Verhandlungsrunden auf Zollsenkungen von durchschnittlich 40% auf nunmehr 4% geeinigt.Hauptsäule der WTO...
Persistent link: https://www.econbiz.de/10009476160
Jackson and Wolinsky, 1996), meaning that there is a general conflict between individual interest and collective outcome. What …
Persistent link: https://www.econbiz.de/10009452644
In common-value auctions and contests economic agents often havevarying levels of information regarding the value of … contests increases relative to the case of independentprizes.Chapter III experimentally considers the role of asymmetric … asymmetric information in one-shot common-valueall-pay auctions and lottery contests from both experimental and …
Persistent link: https://www.econbiz.de/10009465240