Showing 1 - 10 of 1,294
I examine a sequential bargaining situation in which agents compete to propose by expending (unproductive) efforts. Depending on the timing of efforts, I consider two types of "recognition" to select the proposer. Whereas "persistent" recognition refers to cases where competition to propose...
Persistent link: https://www.econbiz.de/10008549008
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Increasingly, lobbying groups are subject to transparency requirements, obliging them to provide detailed information about their business. We study the effect this transparency policy has on the nature of lobbying competition. Under mild conditions, mandated transparency leads to an increase in...
Persistent link: https://www.econbiz.de/10009195587
Using the political-economic history of the development of telephony during the 1870s as a backdrop, this paper studies a two-player Tullock contest that includes both research effort (R&D) and legal effort (<i>i.e.</i>, rent-seeking effort). The two types of efforts complement each other and...
Persistent link: https://www.econbiz.de/10011030525
The paper analyzes the welfare properties of voluntary agreements (VA) with polluters, when they are obtained under the legislative threat of an alternative stricter policy option. In the model, the threat is an abatement quota. Both the threat and its probability of implementation are...
Persistent link: https://www.econbiz.de/10005570358
We show that how technological innovations and migration costs interact to shape the space-economy. Regardless of the level of transport costs, rising labor productivity fosters the agglomeration of activities, whereas falling transport costs do not affect the location of activities. When labor...
Persistent link: https://www.econbiz.de/10011246309
Results of this study show that a heterogeneous labor force serves to attract new food manufacturing investment. We conduct analysis for SIC 20, Food and Kindred Product Manufacturing, and disaggregate analysis on all nine three-digit SIC food industries. Heterogeneity variables are a...
Persistent link: https://www.econbiz.de/10005330401
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This paper identies the decreasing heterogeneity in labor as one of the driving forces ofsecular trade liberalization. A decrease in the sector-specificity of human capital gives rise to a decline of protectionist demands since the workers’ stakes in trade policy resemble more and more the...
Persistent link: https://www.econbiz.de/10009392033
This paper builds a two-country-two-sector trade model with a monopolistically competitive sector and non-homothetic preferences. It assumes the existence of two types of goods: necessities (which are homogeneous) and luxuries (which are differentiated) and heterogeneous labor. The implications...
Persistent link: https://www.econbiz.de/10005790261