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Union Integration Paths
Morelli, Massimo - In: Rivista di Politica Economica (2012) 3, pp. 7-25
This paper proposes a theoretical explanation for the incremental integration path of Europe until the Monetary Union … time. The dynamic partition function game suggests that the presence of externalities across coalitions affects the timing … of admission of different players, the equilibrium coalition structure, and the equilibrium length of the admission game …
Persistent link: https://www.econbiz.de/10010858738
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Dynamic Processes of Social and Economic Interactions: On the Persistence of Inefficiencies
Gomes, Armando R; Jehiel, Philippe - C.E.P.R. Discussion Papers - 2001
This Paper considers the efficiency and convergence properties of dynamic processes of social and economic interactions, such as exchange economies, multilateral negotiations, merger and divestiture transactions, or legislative bargaining. The key general feature of the economy is that agents...
Persistent link: https://www.econbiz.de/10005792299
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How Global Rules are established and stabilized
Siebert, Horst - Institut für Weltwirtschaft (IfW) - 2007
This paper analyzes how international rules are established and stabilized, i.e. how an international institutional order develops. Rules emerge mainly through learning from negative experience and serve to reduce transaction costs. The paper looks at mechanisms that stabilize rule systems, at...
Persistent link: https://www.econbiz.de/10005755258
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Consuming your Way to Efficiency: Public Goods Provision through Non-Distortionary Tax Lotteries
Giebe, Thomas; Schweinzer, Paul - CESifo - 2013
We revisit the classical result that financing a pure public good through taxation of private consumption is inefficient. To this standard setup we add a consumption contest in which consumers can win a prize. We show that an appropriately chosen contest—which we call a ‘tax lottery’—can...
Persistent link: https://www.econbiz.de/10010877710
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Merge Proofness of Allocation Rules at Transferable Utility Games
DERYA, Ayşe Mutlu - In: Iktisat Isletme ve Finans 29 (2014) 343, pp. 71-82
. Merging of a coalition into a single player is considered mainly in two different ways: firstly, merging of only one coalition … the iterature-; and secondly, merging of any coalition -where the other (external) players can also merge. This paper …
Persistent link: https://www.econbiz.de/10010942783
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The right of withdrawal in the treaty of Lison: A game theoretic reflection on different decision processes in the EU
Lechner, Susanne; Ohr, Renate - Center for European, Governance and Economic … - 2008
been more and more substituted by majority voting in order to speed up decision-making processes in a Union of 27 … member state threatens to leave the Union. By using cheap talk a member state may increase the credibility of its outside …
Persistent link: https://www.econbiz.de/10010954319
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Surveillance and Control of Fiscal Consolidation on a Supranational Level
Aarle, Bas van - WWWforEurope - 2013
Strengthening budgetary surveillance and coordination of budgetary policy measures in the EU is of vital importance for economic stability and growth. The decentralised decision making structure in most areas of budgetary policies, requires the need to balance national and common objectives;...
Persistent link: https://www.econbiz.de/10010928074
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The 15-years-long emergency, the burial-of-the-dead conflict and the ultimatum game.
Villani, Salvatore - Volkswirtschaftliche Fakultät, … - 2008
The application of game theory and cognitive economy to analyze the problem of undesired location - The analysts of the processes of public bodies decision - taking have long been discussing on the establishment of proper strategies to manage "environmental conflicts" - above all the so-called...
Persistent link: https://www.econbiz.de/10011258906
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A Modern Postmodern Urbanism The Systemic Retroactive game (SyR) between Bottom-up and Top-down
D'Acci, Luca - Volkswirtschaftliche Fakultät, … - 2013
These couple of pages discuss upon the retroactive influence (Systemic Retroactive game, or SyR) between people’s behaviour and environment. The latter is intended as physical environment (type of cities, climate, geography…), normative environment (laws), moral environment (religions,...
Persistent link: https://www.econbiz.de/10011260143
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Potential Maximization and Coalition Government Formation.
Garratt, R.; Qin, C.Z. - 2000
This paper addresses coalition government formation. We formulate a model that dresses why and when coalition …
Persistent link: https://www.econbiz.de/10005245496