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We compare two contest. Decentralized in which there are several independent contests with non overlapping contestants and Centralized in which all contestants fight for a unique prize which is the sum of all prizes in the small contests. We study the relationship between payoffs and efforts...
Persistent link: https://www.econbiz.de/10013019526
We study electoral competition among politicians who are heterogeneous both in competence and in how much they care … politicians may have stronger incentives to behave opportunistically if other politicians are more likely to behave … politicians’ incentives to behave opportunistically increase with politicians’ pay and with polarization of policy preferences. …
Persistent link: https://www.econbiz.de/10011335188
related to the incoherence cost that politicians pay when they renege on promised platforms. In this context, we suggest a …
Persistent link: https://www.econbiz.de/10011703349
We study decentralized task coordination. Tasks are of varying complexity and agents asymmetric: agents capable of completing high-level tasks may also take on tasks originally contracted by lower-level agents, facilitating system-wide cost reductions. We suggest a family of decentralized...
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Conflicting interests among governments at all levels and coal enterprises are not conducive to the implementation of China's dual-carbon strategy in the coal industry. This study provides a theoretical analysis of the stabilization strategies of governments and coal enterprises by refining...
Persistent link: https://www.econbiz.de/10014574237
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Diermeier and Fong (2008a) recently proposed a legislative bargaining model with reconsideration in the context of a distributive policy environment. In this paper we prove general existence and necessary conditions for pure-strategy stationary equilibria for any finite policy space and...
Persistent link: https://www.econbiz.de/10003782130