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Risk taking under heterogenous revenue sharing
Belhaj, Mohamed; Deroïan, Frédéric - In: Journal of Development Economics 98 (2012) 2, pp. 192-202
We examine the impact of informal risk sharing on risk taking incentives when transfers are organized through a social network. A bilateral partial sharing rule satisfies that neighbors share equally a part of their revenue. In such a society, correlated technologies generate interdependent risk...
Persistent link: https://www.econbiz.de/10011065918
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Strategic delegation in price competition
Güth, Werner; Pull, Kerstin; Stadler, Manfred - Wirtschaftswissenschaftlichen Fakultät, … - 2012
We study price competition in heterogeneous markets where price decisions are delegated to agents. Principals implement a revenue sharing scheme to which agents react by commonly charging a sales price. The results of our model exemplify the importance of both intrafirm- and interfirm...
Persistent link: https://www.econbiz.de/10010981941
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Contest Theory and its Applications in Sports
Dietl, Helmut; Franck, Egon; Grossmann, Martin; Lang, Markus - Institut für Strategie und Unternehmensökonomik … - 2009
This paper outlines how the theory of contests is applied to professional team sports leagues. In the first part, we present the traditional Tullock contest and explain some basic properties of the equilibrium. We will then extend this RePEc/iso contest to a two-period model in order to analyze...
Persistent link: https://www.econbiz.de/10004967593
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On discovery, restricting lawyers, and the settlement rate
Baumann, Florian; Friehe, Tim - 2014
This paper analyzes the principal-agent relationship between a plaintiff and his or her lawyer when the lawyer's investment in discovery is private information. The plaintiff uses the level of the contingency fee and potentially also restrictions on settlements to guide the lawyer's...
Persistent link: https://www.econbiz.de/10010385228
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Cities in fiscal equalization
Büttner, Thiess (contributor);  … - 2008
sharing ; fiscal equalization ; agglomeration ; tax competition ; municipal finance …
Persistent link: https://www.econbiz.de/10003790563
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The OECD Metropolitan Governance Survey : a quantitative description of governance structures in large urban agglomerations
Ahrend, Rudiger; Gamper, Catherine; Schumann, Abel - 2014
Even though metropolitan areas account for half of the population, and an even larger share of economic activity of OECD countries, almost no systematic information on governance structures in these areas exists. This study – based on a novel data set – gives an overview of governance...
Persistent link: https://www.econbiz.de/10010374424
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Approaches to metropolitan area governance : a country overview
Ahrend, Rudiger; Schumann, Abel - 2014
This paper provides an overview of country specific approaches to metropolitan area governance. It provides brief descriptions of the typical structures of metropolitan governance, with a particular focus on the involved organisations. It points out metropolitan areas that have unusual...
Persistent link: https://www.econbiz.de/10010374425
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Capital tax competition with heterogeneous firms and agglomeration effects : presented at TAPES Conference on Fiscal Federalism, May 2004
Burbidge, John B.; Cuff, Katherine; Leach, John - 2004
Our paper extends the capital tax competition literature by incorporating heterogeneous capital and agglomeration. Our … model nests the standard tax competition model as well as the special case in which there is agglomeration but no firm …/capital heterogeneity and the opposite case, firm heterogeneity with no agglomeration. We build on the existing tax competition literature …
Persistent link: https://www.econbiz.de/10011450819
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Capital tax competition with heterogeneous firms and agglomeration effects
Burbidge, John; Cuff, Katherine; Leach, John - 2004
Our paper extends the capital tax competition literature by incorporating heterogeneous capital and agglomeration. Our … model nests the standard tax competition model as well as the special case in which there is agglomeration but no firm …/capital heterogeneity and the opposite case, firm heterogeneity with no agglomeration. We build on the existing tax competition literature …
Persistent link: https://www.econbiz.de/10010261260
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Urban Governance Structure and Wage Disparities across US Metropolitan Areas
Ferranna, Licia - 2016
-2000. Agglomeration benefits are estimated based on city productivity premia which are computed after controlling for the skills …
Persistent link: https://www.econbiz.de/10012980093