Some notions of generalized monotonicity for multi-valued mappings are characterized in terms of properties of the associated Minty variational inequalities. In particular, it is shown that the Minty variational inequality problem derived from a map F defined on a convex domain is solvable on...

The effects of unproductive lobbying have so far mainly been addressed by the public choice literature on rent-seeking and by Milgrom/Roberts' (1988,1990) work on influence activities in organizations. Our paper makes an attempt to incorporate lobbying into the simple principal-agent framework...

We show that revealed preference tests, which allow a small degree of

We introduce a framework of development in which the direction of change is determined endogenously. Which new products, which new qualities and which new techniques are introduced in the course of development is determined by the profitability of different potential innovations. We define a...

In this paper a model of taxation of foreign source corporate income is developed, when the output market is not competitive. Profit shifting policies, similar to those in the new trade literature, are also present in the case of foreign direct investment (FDI). There are, however, important...

This paper introduces `harassment' in a simple model of bribery and corruption.

This paper studies the strategic interaction between a