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competition. Three models are considered: Taxation and Redistribution, Public Goods, and Fixed Prices. In each case, the value …
Persistent link: https://www.econbiz.de/10014024487
redistribution and retraining - that arguably characterize many reform packages. We analyse the interaction of compensatory …. Conversely, it may be possible for an economic reform to win political support in the absence of compensatory redistribution … redistribution and retraining programmes, and demonstrate that the provision of redistributive programmes might distort incentives …
Persistent link: https://www.econbiz.de/10011611222
equilibrium predictions. -- Redistribution ; double auction ; elections ; lobbying …' policy choices by transferring money to them. We observe very high levels of redistribution - even when transfers to …
Persistent link: https://www.econbiz.de/10003910210
fund capture. A model is presented where rich voters can block redistribution by buying the votes of some poor voters. In … equilibrium there is only limited redistribution and income tax rates are a negative function of government corruption. When rich …. -- tax rates ; vote-buying ; lobbying ; government corruption …
Persistent link: https://www.econbiz.de/10009736634
by focusing on reapportionment associated with the electoral reform in Japan. First, we show that the reform of 1994 …
Persistent link: https://www.econbiz.de/10014184145
This paper studies a large class of imperfectly discriminating contests, referred to as elastic contests, that induce players to either overbid a standing bid or to abstain from bidding altogether. Many common forms of contest are elastic. In any equilibrium of an elastic contest, there is...
Persistent link: https://www.econbiz.de/10010360312
, political lobbying, electoral competition, optimally biased contests, the empirical analysis of rent-seeking, and dynamic …
Persistent link: https://www.econbiz.de/10011538607
This paper considers rent-seeking games in which a small percentage change in a player's bid has a large percentage impact on her odds of winning, i.e., on the ratio of her respective probabilities of winning and losing. An example is the Tullock contest with a high R. The analysis provides a...
Persistent link: https://www.econbiz.de/10010472556
Using three market examples: opium, grapes, and timber; this paper illustrates mismanagement of Afghan economic affairs. These examples show an adverse effect of Western influence since the 9/11 invasion. Economic policy in Afghanistan is based on the history of capitalism, not the principles of...
Persistent link: https://www.econbiz.de/10013088839
This paper examines mandatory occupational licensure in several professions from barbers, cosmetologists, radiologic technicians, CPAs, mid-level healthcare providers, and physicians. Mandatory licensure is cited as a mechanism for serving the public interest by assuring professionals possess...
Persistent link: https://www.econbiz.de/10013075615