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The effect of taxpyers' competition at jurisdictions' local markets on the properties of the tax competition equilibrium is studied. The general equilibrium model is considered with mobile firms acting under monopolistic competition on local markets. It is shown that equilibrium tax rate tends...
Persistent link: https://www.econbiz.de/10011259733
This paper brings together two of the most important solution concepts of game theory �subgame-perfect Nash …
Persistent link: https://www.econbiz.de/10008692914
It is argued that if an out-of-equilibrium player observing a deviation from a presumed strategically stable path of play believes that a player also observing the deviation is more likely to deviate than a player who does not observe the deviation then it is possible to justify, in some...
Persistent link: https://www.econbiz.de/10005094658
Participatory approaches in natural resource management are increasingly being criticized for their tendency to neglect power relations and conflicts of interests. Negotiation approaches have been proposed as a strategy to overcome such shortcomings. Using the case of negotiations on...
Persistent link: https://www.econbiz.de/10005460396
Current historiography on the European decolonization processes has developed no general theory of these processes, but … theory approach to decolonization that can encompass the majority of historical cases. Our rational theory is constructed by … each carries in the decolonization decision-making process. Our theory predicts that a high value colony will be more …
Persistent link: https://www.econbiz.de/10005463732
For games in which there is no evolutionarily stable strategy, it can be useful to look for neutrally stable ones. In extensive form games for instance there is typically no evolutionary stable strategy, while there may very well be a neutrally stable one. Such strategies can however still be...
Persistent link: https://www.econbiz.de/10008838650
For games in which there is no evolutionarily stable strategy, it can be useful to look for neutrally stable ones. In extensive form games for instance there is typically no evolutionary stable strategy, while there may very well be a neutrally stable one. Such strategies can however still be...
Persistent link: https://www.econbiz.de/10011256467
Persistent link: https://www.econbiz.de/10005048492
Persistent link: https://www.econbiz.de/10005037318
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