Showing 21 - 30 of 54,390
redistribution and retraining - that arguably characterize many reform packages. We analyse the interaction of compensatory …. Conversely, it may be possible for an economic reform to win political support in the absence of compensatory redistribution … redistribution and retraining programmes, and demonstrate that the provision of redistributive programmes might distort incentives …
Persistent link: https://www.econbiz.de/10011654037
by focusing on reapportionment associated with the electoral reform in Japan. First, we show that the reform of 1994 …
Persistent link: https://www.econbiz.de/10014184145
Creative Destruction is the name Joseph Schumpeter gave to a significant change in technology which dislodges old technology into new technology and which leads to increasing economic growth and higher standards of living. This paper proposes that the current New Economy, or the App, Gig,...
Persistent link: https://www.econbiz.de/10015269425
This paper studies a large class of imperfectly discriminating contests, referred to as elastic contests, that induce players to either overbid a standing bid or to abstain from bidding altogether. Many common forms of contest are elastic. In any equilibrium of an elastic contest, there is...
Persistent link: https://www.econbiz.de/10011282491
This paper considers rent-seeking games in which a small percentage change in a player's bid has a large percentage impact on her odds of winning, i.e., on the ratio of her respective probabilities of winning and losing. An example is the Tullock contest with a high R. The analysis provides a...
Persistent link: https://www.econbiz.de/10011282520
, political lobbying, electoral competition, optimally biased contests, the empirical analysis of rent-seeking, and dynamic …
Persistent link: https://www.econbiz.de/10011663167
licensing, political lobbying, electoral competition, optimally biased contests, the empirical analysis of rent-seeking, and …
Persistent link: https://www.econbiz.de/10011784281
This paper studies a large class of imperfectly discriminating contests, referred to as elastic contests, that induce players to either overbid a standing bid or to abstain from bidding altogether. Many common forms of contest are elastic. In any equilibrium of an elastic contest, there is...
Persistent link: https://www.econbiz.de/10010817262
Throughout human history, polities have found it necessary to devote resources towards maintaining security from other polities or to prosecute a war against them. This paper explores the evolution of the war economy, as well as the circumstances which mandated and instruments which allowed the...
Persistent link: https://www.econbiz.de/10010965601
This paper considers rent-seeking games in which a small percentage change in a player's bid has a large percentage impact on her odds of winning, i.e., on the ratio of her respective probabilities of winning and losing. An example is the Tullock contest with a high R. The analysis provides a...
Persistent link: https://www.econbiz.de/10011145357