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In this paper we deal with voluntary and compulsory redistribution in an economy where the enforcement of property rights is costly. Two agents engage in a common-pool contest and two types of potential distortions arise: the waste of resources in the contest and the dilution of incentives to...
Persistent link: https://www.econbiz.de/10010263060
Meine Dissertation hat vier Kapitel. In allen Kapiteln benutze ich Wettkampfmodelle um politökonomische Fragestellungen zu untersuchen. In Kapitel 1 untersuchen ich und meine Koautorin Dana Sisak welchen Effekt öffentliche Meinungsumfragen für das Verhalten von konkurrierenden Parteien in...
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The purpose of this paper is twofold. We first develop a contractarian theory of redistribution. The existence of rules of redistribution is explained without any recourse to the risk-aversion of individuals. Hence, we depart from the standard legitimization of redistribution as fundamental...
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The purpose of this paper is twofold. We first develop a contractarian theory of redistribution. The existence of rules of redistribution is explained without any recourse to the risk-aversion of individuals. Hence, we depart from the standard legitimization of redistribution as fundamental...
Persistent link: https://www.econbiz.de/10001557189
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