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institutions implement the Lindahl allocation in the economy as a sub-game perfect Nash equilibrium of the political game. iv) As a …
Persistent link: https://www.econbiz.de/10010343846
Political connections between firms and autocratic regimes are not secret and often even publicly displayed in many developing economies. We argue that tying a firm's available rent to a regime’s survival acts as a credible commitment forcing entrepreneurs to support the government and to...
Persistent link: https://www.econbiz.de/10003796265
Political connections between firms and autocratic regimes are not secret and often even publicly displayed in many developing economies. We argue that tying a firm's available rent to a regime's survival acts as a credible commitment forcing entrepreneurs to support the government and to exert...
Persistent link: https://www.econbiz.de/10013317003
This dissertation consists of six self-contained chapters that are related to the behavior of firms and politicians in a broader sense. After an introduction to the topic, the first part of the dissertation elaborates on how institutional and political framework conditions influence the behavior...
Persistent link: https://www.econbiz.de/10011741962
Decision-making processes are studied using non-standard all-pay structures. Our interest is motivated by regulatory, political, legal, military, and economic applications in which individual actions determine the consequences for a larger group or the general public. The common features of...
Persistent link: https://www.econbiz.de/10013091995
There is a large and growing literature on scientific estimates and regulatory instruments associated with international efforts to control greenhouse gas (GHG) emissions. The underlying collective action processes have received much less attention. In particular, bargaining among sovereign...
Persistent link: https://www.econbiz.de/10014151864
We construct a regulation model in which renegotiation occurs due to the imperfect enforcement of concession contracts. This enables us to provide theoretical predictions for the impact, on the probability of renegotiation of a concession, of regulatory institutions, institutional features,...
Persistent link: https://www.econbiz.de/10014105707
This paper empirically investigates contrasting views on the politics of economic policy. Merging different databases, we test various predictions coming form different strands of literature, with the aim of explaining the cross-sectional and temporal variation in the degree of regulatory...
Persistent link: https://www.econbiz.de/10014074592
Regulation regimes subject to the influence of interest groups are compared. It is shown that the allocation of the … more efficient commodity allocation also entails using fewer resources in rent-seeking activities …
Persistent link: https://www.econbiz.de/10014074616
Hipster Antitrust calls for the outright rejection of the consumer welfare standard as the lodestar of antitrust law in favor of a vague “public interest” test that requires courts and agencies to consider a variety of social and political goals. It also advocates for focusing antitrust...
Persistent link: https://www.econbiz.de/10014114528