Showing 21 - 30 of 202
Persistent link: https://www.econbiz.de/10009306436
Persistent link: https://www.econbiz.de/10009427319
We consider a median voter model with uncertainty about how the economy functions. The distribution of income is exogenously given and the provision of a public good is financed through a proportional tax. Voters and politicians do not know the true production function for the public good, but...
Persistent link: https://www.econbiz.de/10011416913
We study the role of whistleblowing in the following inspection game. Two agents who compete for a prize can either behave legally or illegally. After the competition, a controller investigates the agents’ behavior. This inspection game has a unique Bayesian equilibrium in mixed strategies. We...
Persistent link: https://www.econbiz.de/10011417290
Persistent link: https://www.econbiz.de/10009665379
Persistent link: https://www.econbiz.de/10009665403
Persistent link: https://www.econbiz.de/10009409805
Mechanisms according to which private intermediaries or governments charge transaction fees or indirect taxes are prevalent in practice. We consider a setup with multiple buyers and sellers and two-sided independent private information about valuations. We show that any weighted average of...
Persistent link: https://www.econbiz.de/10011490374
Persistent link: https://www.econbiz.de/10011538316
Persistent link: https://www.econbiz.de/10010469883