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the winner's reward. These spillovers can have substantial influence on the equilibrium behavior of participants in … general class of asymmetric, two-player all-pay auctions where we allow for spillovers in each player's reward. The link …
Persistent link: https://www.econbiz.de/10014536891
There is a potential free-rider problem when several siblings consider future provision of care for their elderly parents. Siblings can commit to not providing long- term support by living far away. If location decisions are made by birth order, older siblings may enjoy a first-mover advantage....
Persistent link: https://www.econbiz.de/10011995490
This paper examines the impact of income growth and income inequality on household saving rates and payoffs in a non-cooperative game where each player's payoff depends on her present and future consumption and her rank in the present consumption distribution. The setting is a pooling...
Persistent link: https://www.econbiz.de/10011879006
In this paper, we study the formation of endogenous social storage cloud in a dynamic setting, where rational agents build their data backup connections strategically. We propose a degree-distance-based utility model, which is a combination of benefit and cost functions. The benefit function of...
Persistent link: https://www.econbiz.de/10012227789
were common in Georgia. Rent-seeking behavior, however, led to emergence of remarkably well-functioning and efficiency …
Persistent link: https://www.econbiz.de/10012140513
The purpose of this paper is to demonstrate that, for the case of Italy, ceteris paribus, tourist areas tend to have a greater amount of crime than non-tourist ones in the short and long run. Following the literature of the economics of crime à la Becker (Crime and Punishment: An Economic...
Persistent link: https://www.econbiz.de/10010309603
This paper investigates residents' preferences of investment in cruise tourism, taking its externalities into full … influence residents' perceptions about investing in cruise tourism. Potential positive and negative externalities produced by … components, and if they believe this activity to exert positive welfare, cultural and social externalities. Conversely, residents …
Persistent link: https://www.econbiz.de/10010310644
of the marginal contributions for environments with externalities. The dummy property related to it is defined. We adapt …
Persistent link: https://www.econbiz.de/10010317092
This special issue of the International Review of Economics and Finance contributes to the received literature of the dynamics of international migration by highlighting the role of tradition in propelling migration; by admitting that the human capital formation response to the prospect of...
Persistent link: https://www.econbiz.de/10012516186
Dieser Beitrag geht der Frage nach, ob es aus ökonomischer Sicht zu rechtfertigen ist, dass in Deutschland der allgemeine Steuerzahler die Kosten für die an Spieltagen im Profifußball anfallenden Polizeieinsätze finanziert. Diese Frage wird zwar in Politik und Öffentlichkeit sowie im...
Persistent link: https://www.econbiz.de/10014503894