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particular, for a given coalition structure we study to what extend the stability of tax agreements is affected by the coalitions … means of a repeated game setting employing simple trigger strategies and we allow a sub-coalition to deviate from the … coalitional equilibrium. For a given form of punishment we are able to rank the stability of different coalition structures as …
Persistent link: https://www.econbiz.de/10013108831
particular, for a given coalition structure we study to what extend the stability of tax agreements is affected by the coalitions … means of a repeated game setting employing simple trigger strategies and we allow a sub-coalition to deviate from the … coalitional equilibrium. For a given form of punishment we are able to rank the stability of different coalition structures as …
Persistent link: https://www.econbiz.de/10010319960
Persistent link: https://www.econbiz.de/10009529562
Persistent link: https://www.econbiz.de/10011973096
countries is self-enforcing. It is shown that there always exists a rather small stable tax coalition. For some subset of the … parameter space the grand coalition may be stable as well, even if the total number of countries is large. The small stable … coalition is not very effective in mitigating the inefficiency of the non-cooperative Nash equilibrium. The ineffectiveness is …
Persistent link: https://www.econbiz.de/10010199703
of countries is self-enforcing. It is shown that there always exists a rather small stable tax coalition. For some subset … of the parameter space the grand coalition may be stable as well, even if the total number of countries is large. The … small stable coalition is not very effec- tive in mitigating the inefficiency of the non-cooperative Nash equilibrium. The …
Persistent link: https://www.econbiz.de/10010213412
repeated game setting. We show that partial tax coordination is more likely to prevail if the number of regions in a coalition …
Persistent link: https://www.econbiz.de/10013139873
repeated game setting. We show that partial tax coordination is more likely to prevail if the number of regions in a coalition …
Persistent link: https://www.econbiz.de/10003994121
The paper considers governments' public procurement decision as a way of influencing industry structure. In a federation in which capital is mobile and capital taxation is harmonized, a home bias in public procurement can potentially be explained as an effort to increase the capital intensity of...
Persistent link: https://www.econbiz.de/10011443221
This survey summarizes the state and development of European tax policy, in particular discussing the harmonization progress in direct as well as indirect taxes. Based on an overview over the theoretical and empirical literature on tax competition, we further ask whether increased tax...
Persistent link: https://www.econbiz.de/10010427983