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This paper proposes a simple variation of the Allingham and Sandmo (1972) construct and integrates it to a dynamic general equilibrium framework with heterogeneous agents. We study an overlapping generations framework i n which agents must initially decide whether to evade taxes or not. In the...
Persistent link: https://www.econbiz.de/10009438089
"In order to halt resource degradation of the high value sea snail ‘loco’ (Concholepas concholepas), the Chilean state in the late 1990s institutionalised commons – Territorial Use Rights for Fisheries (TURFs), which since then have had varying results, especially in economic terms....
Persistent link: https://www.econbiz.de/10009468350
"We develop an evolutionary game theory model for a limited access common pool resource. With full disclosure of individual extraction decisions and payoffs we conjecture that subjects will imitate the most successful players’ strategy as long as their payoffs increase. We derive a stable...
Persistent link: https://www.econbiz.de/10009468354
lays on the local configurations of this economy of inequality. Arriving in the extreme south region of Bahia for a …
Persistent link: https://www.econbiz.de/10009468382
"In particular, the academic debate over the best prediction about the behavior of people that use a common-pool resource (CPR), and the recommended policy approaches to the CPR dilemma have undergone a very interesting evolution throughout the last 3 decades of the pastcentury, since the...
Persistent link: https://www.econbiz.de/10009468435
the output price. The model also brings forth an analysis of wage inequality within the firm, which is found to be …
Persistent link: https://www.econbiz.de/10009448598
Replaced with revised version of paper 07/16/07.
Persistent link: https://www.econbiz.de/10009444958