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Centralized fiscal spending by supranational unions
Simon, Jenny; Valasek, Justin - 2013 - This version: June 28, 2013
We study fiscal spending by supranational unions, where participation is voluntary and countries bargain over contributions to and the allocation of a central budget. We explore the link between the allocation and nations ́contributions that occurs since bargaining power is endogenous, and...
Persistent link: https://www.econbiz.de/10009765517
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Centralized Fiscal Spending by Supranational Unions
Simon, Jenny - 2013
We study the efficiency of centralized fiscal spending by supranational unions, where participation is voluntary. In this setting, a country's outside option during budget negotiations is to withdraw its contribution to the centralized budget and consume its full income. This implies a crucial...
Persistent link: https://www.econbiz.de/10013089143
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Centralized Fiscal Spending by Supranational Unions
Simon, Jenny - 2013
We study fiscal spending by supranational unions, where participation is voluntary and countries bargain over contributions to and the allocation of a central budget. We explore the link between the allocation and nations' contributions that occurs since bargaining power is endogenous, and...
Persistent link: https://www.econbiz.de/10013078957
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Pareto-efficient solutions for shared public good provision : Nash bargaining versus Exchange-Matching-Lindahl
Dijkstra, Bouwe R.; Nentjes, Andries - In: Resource and energy economics 61 (2020), pp. 1-22
Persistent link: https://www.econbiz.de/10012516765
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Economic harmony : a rational theory of fairness and cooperation in strategic interactions
Suleiman, Ramzi - In: Games 13 (2022) 3, pp. 1-21
Experimental studies show that the Nash equilibrium and its refinements are poor predictors of behavior in non-cooperative strategic games. Cooperation models, such as ERC and inequality aversion, yield superior predictions compared to the standard game theory predictions. However, those models...
Persistent link: https://www.econbiz.de/10013252726
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Optimal secession rules
Bordignon, Massimo; Brusco, Sandro - 1999
Should the constitution of a federation allow for peaceful secession? Constitutionally defined secession rules are … optimal ex post if the federation breaks down. However, they may be suboptimal ex ante if the member countries receive a … benefit from the perceived long-term stability of the federation and constitutionally defined secession rules increase the …
Persistent link: https://www.econbiz.de/10011443379
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Optimal secession rules
Bordignon, Massimo; Brusco, Sandro - In: European economic review : EER 45 (2001) 10, pp. 1811-1834
Persistent link: https://www.econbiz.de/10001635180
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Optimal Secession Rules
Bordignon, Massimo; Brusco, Sandro - 2003
Should the constitution of a federation allow for peaceful secession? Constitutionally defined secession rules are … optimal ex post if the federation breaks down. However, they may be suboptimal ex ante if the member countries receive a … benefit from the perceived long-term stability of the federation and constitutionally defined secession rules increase the …
Persistent link: https://www.econbiz.de/10014089718
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Optimal secession rules
Bordignon, Massimo - 1999
Should the constitution of a federation allow for peaceful secession? Constitutionally defined secession rules are … optimal ex post if the federation breaks down. However, they may be suboptimal ex ante if the member countries receive a … benefit from the perceived long-term stability of the federation and constitutionally defined secession rules increase the …
Persistent link: https://www.econbiz.de/10013428275
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Negotiating Federalism
Ryan, Erin - 2014
Bridging the fields of federalism and negotiation theory, Negotiating Federalism analyzes how public actors navigate … difficult federalism terrain by negotiating directly with counterparts across state-federal lines. In contrast to the stylized …, zero-sum model of federalism that dominates political discourse and judicial doctrine, it demonstrates that the boundary …
Persistent link: https://www.econbiz.de/10014196487