Showing 91 - 100 of 150,640
economic efficiency and that fighting bribery would be counter-productive. This need not be the case. In a general equilibrium …
Persistent link: https://www.econbiz.de/10012471704
Trade negotiations occur through time and between the governments of many countries. An important issue is thus whether the value of concessions that a government wins in a current negotiation may be eroded in a future bilateral negotiation to which it is not party. In the absence of rules that...
Persistent link: https://www.econbiz.de/10012471725
This study assesses the potential cost-effectiveness of incentive payment programs relative to traditional top-down regulatory programs for biological conservation. We develop site-level estimates of the opportunity cost and the nonmonetized biological benefits of protecting biodiversity...
Persistent link: https://www.econbiz.de/10012773853
Persistent link: https://www.econbiz.de/10012591339
Persistent link: https://www.econbiz.de/10012614782
Persistent link: https://www.econbiz.de/10012607576
approach by assuming certain properties for the winning probability that imply efficiency gains from cooperation in contest … settings. Efficiency gains are said to be generated if any coalition experiences increasing marginal returns with aggregate … generate sufficient efficiency gains, then any equilibrium always consists of two or more coalitions where at least two …
Persistent link: https://www.econbiz.de/10013289287
We investigate whether the simple plurality rule aggregates information efficiently in a large election with three alternatives. The environment is the same as in the Condorcet Jury Theorem (Condorcet (1785)). Voters have common preferences that depend on the unknown state of nature, and they...
Persistent link: https://www.econbiz.de/10009127595
Persistent link: https://www.econbiz.de/10011986820
Persistent link: https://www.econbiz.de/10011863815