Showing 1 - 10 of 1,243
The article examines the interaction of countries in the same region when making efforts to achieve stability. The … leader in regional initiatives that foster stability is likely to be the most vulnerable member of the region because in the … stability, the regional public good, giving its neighbors the opportunity to free-ride. …
Persistent link: https://www.econbiz.de/10008557205
We consider the problem of sharing water among agents located along a river. Each agent has quasi-linear preferences over river water and money, where the benefit of consuming an amount of water is given by a continuous and concave benefit function. A solution to the problem efficiently...
Persistent link: https://www.econbiz.de/10010326510
regarding the others' reaction following a deviation. The relationship of stability and optimality is also discussed, as is the …
Persistent link: https://www.econbiz.de/10013208655
This discussion paper led to the article with the same title in 'Social Choice and Welfare' (2014), 43, 173-194.<P> We consider the problem of sharing water among agents located along a river. Each agent has quasi-linear preferences over river water and money, where the benefit of consuming an...</p>
Persistent link: https://www.econbiz.de/10011255637
regarding the others' reaction following a deviation. The relationship of stability and optimality is also discussed, as is the …
Persistent link: https://www.econbiz.de/10010734770
Since the seminal work of Henderson (1981), a number of studies examined the effect of staggered work hours by analyzing models of work start time choice that consider the trade-off between negative congestion externalities and positive production externalities. However, these studies described...
Persistent link: https://www.econbiz.de/10011112352
(1962). It turns out that the stability properties of the model change if one takes a more realistic 'incrementalist' view …
Persistent link: https://www.econbiz.de/10011531003
(1962). It turns out that the stability properties of the model change if one takes a more realistic “incrementalist” view …
Persistent link: https://www.econbiz.de/10011294659
By signing an international river sharing agreement (RSA), countries voluntary commit to release water in exchange for a compensation. We examine the robustness of such commitments to reduced water flows. We focus on RSAs that satisfy core lower bounds and fairness upper bounds. We characterize...
Persistent link: https://www.econbiz.de/10009369341
Perfect equilibria of dynamic political games. The present paper examines issues of stability and reform when such equilibria … exist. Which environments tend toward institutional stability? Which tend toward reform? We show that when political rules … decisions alone. More generally, we identify sufficient conditions for stability and reform in terms of recursive self selection …
Persistent link: https://www.econbiz.de/10005062355