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Decentralized leadership
Silva, Emilson C. D. - 2016
This paper studies the efficiency of decentralized leadership in federations where selfish regional governments provide regional and federal public goods and the benevolent central government implements interregional earmarked and income transfers. Without residential mobility, unlimited...
Persistent link: https://www.econbiz.de/10011524602
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Decentralized Leadership
Delfino Silva, Emilson - 2016
This paper studies the efficiency of decentralized leadership in federations where selfish regional governments provide regional and federal public goods and the benevolent central government implements interregional earmarked and income transfers. Without residential mobility, unlimited...
Persistent link: https://www.econbiz.de/10012981293
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Chapter 10 Taxation
Kaplow, Louis - In: Handbook of law and economics : volume 1, (pp. 647-755). 2007
This Handbook entry presents a conceptual, normative overview of the subject of taxation. It emphasizes the relationships among the main functions of taxation—notably, raising revenue, redistributing income, and correcting externalities—and the mapping between these functions and various...
Persistent link: https://www.econbiz.de/10014023506
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Efficient decentralized leadership under hybrid work and attachment to regions
Aoyama, Naoto; Silva, Emilson C. D. - In: Games 14 (2023) 2, pp. 1-18
Under the 'new normal' in the labor market, individuals can work remotely or in person, a hybrid work mode that became ubiquitous during the pandemic. This paper studies the efficiency of decentralized leadership in federations in which hybrid work is the modus operandi. Self-interested regional...
Persistent link: https://www.econbiz.de/10014422292
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Undertaking Nonharmful or Harmful Public Projects Through Unit-by-Unit Contribution : Coordination and Pareto Efficiency
Shinohara, Ryusuke - 2019
We examine in detail the implementation of a project that is non-harmful for all agents as well as a project that is harmful for some agents through a unit-by-unit contribution mechanism. For a project that is non-harmful for all agents, efficient implementation is supported at one regular Nash...
Persistent link: https://www.econbiz.de/10012902874
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Cooperation, Stability and Self-Enforcement in International Environmental Agreements: A Conceptual Discussion
Tulkens, Henry; Chander, Parkash - 2006
of view of stability. After recalling the two competing concepts of stability in use in the IEA literature, new insights …. Free riding is also evaluated in relation with the alternative forms of stability under scrutiny. Finally, it is asked … efficiency and stability. A skeptical answer is offered, as a reply to Barrett's (2003) attempt at giving the notion a specific …
Persistent link: https://www.econbiz.de/10010312597
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Independence axioms for water allocation
Brink, René van den; Estévez-Fernández, Arantza; … - 2011
Persistent link: https://www.econbiz.de/10009720752
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How the Rules of Coalition Formation Affect Stability of International Environmental Agreements
Finus, Michael; Rundshagen, Bianca - 2003
This paper compares stability of international environmental agreements for six different rules of coalition formation … coalitions. From a policy perspective, counterintuitively, it turns out that stability is higher under exclusive than under open … membership and stability increases with the degree of unanimity. We discuss the policy implications of our result for future …
Persistent link: https://www.econbiz.de/10011325099
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Multiple membership and federal structures
Le Breton, Michel; Makarov, Valery; Savvateev, Alexei; … - 2008
We consider a model of the 'world' with several regions that may create a unified entity or be partitioned into several unions (countries). The regions have distinct preferences over policies chosen in the country to which they belong and equally share the cost of public policies. It is known...
Persistent link: https://www.econbiz.de/10010270924
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How the rules of coalition formation affect stability of international environmental agreements
Finus, Michael; Rundshagen, Bianca - 2003
This paper compares stability of international environmental agreements for six different rules of coalition formation … coalitions. From a policy perspective, counterintuitively, it turns out that stability is higher under exclusive than under open … membership and stability increases with the degree of unanimity. We discuss the policy implications of our result for future …
Persistent link: https://www.econbiz.de/10011591895