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This article replicates and extends the Hille and Knill (2006) study on the implementation of the acquis communautaire … ; implementation ; policy change …
Persistent link: https://www.econbiz.de/10009560787
contribution to improvements in implementation issues and a stronger focus on public goods like protection of natural resources and …
Persistent link: https://www.econbiz.de/10011921232
Persistent link: https://www.econbiz.de/10013411400
Given the background of changing institutional competencies in the European Union, we analyze the choice of asylum law standards of national and European parliaments, the Council of the European Union and codecision between the Council and the European Parliament. In a two country model we find...
Persistent link: https://www.econbiz.de/10003875223
In this paper we present a tree model for defaultable bond prices which can be used for the pricing of credit derivatives. The model is based upon the two-factor Hull-White (1994) model for default-free interest rates, where one of the factors is taken to be the credit spread of the defaultable...
Persistent link: https://www.econbiz.de/10011538904
interpreted as a mechanism theoretical implementation of the Nash solution. Our results in the present paper provide exact non … of the above mentioned support results, including our present ones, with mechanism theoretic implementation in (weakly … implementation can hardly be found except in very rare cases of extremely restricted domains of players' preferences. …
Persistent link: https://www.econbiz.de/10011412680
Persistent link: https://www.econbiz.de/10011480691
rationalizable implementation. Set-monotonicity is much weaker than Maskin monotonicity, which is the key condition for Nash … implementation and which also had been shown to be necessary for rationalizable implementation of social choice functions. Set …-monotonicity reduces to Maskin monotonicity in the case of functions. We conclude that the conditions for rationalizable implementation are …
Persistent link: https://www.econbiz.de/10011483605
We propose a model based on competitive markets in order to analyse an economy with several principals and agents. We model the principal-agent economy as a two-sided matching game and characterise the set of stable outcomes of this principal-agent matching market. A simple mechanism to...
Persistent link: https://www.econbiz.de/10011507906
Persistent link: https://www.econbiz.de/10012041862