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Incentives and anonymity principle : crowding out toward users

Crifo, Patricia; Rullière, Jean-Louis - 2004

In our model, an agent produces an outcome by a costly effort and then distributes it among heterogeneous users. The agent's payoff is the weighted sum of the users? shares and the coefficient reflecting their heterogeneity. When the agent neglects users? heterogeneity the game leads to an...

Persistent link: https://www.econbiz.de/10010276426

Unemployment, Growth and Fiscal Policy : New Insights on the Hysteresis Hypothesis

Sorolla, Valeri; Sala, Héctor; Raurich, Xavier - 2004

We develop a growth model with unemployment due to imperfections in the labor market. In this model, wage inertia and balanced budget rules cause a complementarity between capital and employment capable of explaining the existence of multiple equilibrium paths. Hysteresis is viewed as the result...

Persistent link: https://www.econbiz.de/10010276428

Phillips Curves and unemployment dynamics: a critique and a holistic perspective

Karanassou, Marika; Sala, Héctor; Snower, Dennis J. - 2008

reaction theory (CRT), should be used to jointly explain the evolution of inflation and unemployment. A further attraction of …

Persistent link: https://www.econbiz.de/10010276432

The impact of referendums on the centralisation of public goods provision: a political economy approach

Schnellenbach, Jan; Feld, Lars P.; Schaltegger, Christoph A. - 2006

The paper compares decision-making on the centralisation of public goods provision in the presence of regional externalities under representative and direct democratic institutions. A model with two regions, two public goods and regional spillovers is developed in which uncertainty over the true...

Persistent link: https://www.econbiz.de/10010276438

Corporate income taxation of multinationals and fiscal equalization

Liesegang, Caterina; Runkel, Marco - 2009

This paper investigates the effect of fiscal equalization on the efficiency properties of corporate income tax rates … chosen by symmetric countries in a Nash tax competition game under the taxation principles of Separate Accounting and Formula … of tax rates. In contrast to previous studies, tax base equalization (Representative Tax System) does not satisfy this …

Persistent link: https://www.econbiz.de/10010276444

Keynesian theorizing during hard times: stock-flow consistent models as an unexplored frontier of Keynesian macroeconomics

dos Santos, Cláudio H. - 2004

Persistent link: https://www.econbiz.de/10010276454

Energy and communities in transition: Towards a new research agenda on agency and civil society in sustainability transitions

Seyfang, Gill; Haxeltine, Alex; Hargreaves, Tom; … - 2010

demonstrate how the current body of theory on 'sustainability transitions' can be extended to better include and address … grassroots innovations, using insights from theories of social movements, and social practice theory. By extending current theory …

Persistent link: https://www.econbiz.de/10010276525

The willingness-to-accept/willingness-to-pay disparity in repeated markets: Loss aversion or 'bad-deal' aversion?

Isoni, Andrea - 2009

Several experimental studies have reported that an otherwise robust regularity - the disparity between Willingness-To-Accept and Willingness-To-Pay - tends to be greatly reduced in repeated markets, posing a serious challenge to existing reference-dependent and reference-independent models...

Persistent link: https://www.econbiz.de/10010276533

Review article: Constraints on policy transfer

Benson, David - 2009

Policy transfer and its analogous term lesson drawing have received widespread and continuing attention in the public policy literature. To date, most theoretical and analytical approaches have centred on exploring the characteristics or mechanics of policy transfer, or promoting this concept as...

Persistent link: https://www.econbiz.de/10010276544

The Comparison Between Ad Valorem and Unit Taxes under Monopolistic Competition

Schröder, Philipp J. H. - 2003

This paper shows that the welfare dominance of ad valorem over unit taxes under imperfect competition, extends to the Dixit-Stiglitz framework with differentiated products, entry and love of variety. This contrasts against findings by Anderson et al. (J Public Econ, 2001) made in a similar...

Persistent link: https://www.econbiz.de/10010276547