This paper models a multilateral agreement on investment (MAI) as a coordination device. Multinational enterprises can invest in any number of countries. Without a multilateral investment agreement, expropriation triggers an investment stop by the single MNE. Under a multilateral agreement,...

The purpose of this paper is to compare the interaction between pricing and capacity decisions on simple serial and parallel transport networks. When individual links of the network are operated by different regional or national authorities, toll and capacity competition is likely to result....

This paper adds to the relationship lending debate by investigating detailed contract information obtained from examining nearly eighteen thousand bank loans. The beneficiaries all were very small firms that operate within the continental European bank-based system. That is, with data gathered...

It has been suggested that the unequal coverage of different socio-economic groups by supplemental insurance could be a partial explanation for the inequality in access to health care in many countries. We analyse the situation in Belgium, a country with a very broad coverage in compulsory...

A set of outcomes for a TU-game in characteristic function form is dominant if it is, with respect to an outsider-independent dominance relation, accessible (or admissible)and closed. This outsider-independent dominance relation is restrictive in the sense that a deviating coalition cannot...

The incompatibility between the Pareto indifference criterion and a concern for greater equality in living standards of heterogenous populations (see, amongst others, Ebert, 1995, 1997, Ebert and Moyes, 2003 and Shorrocks, 1995) might come as a surprise, since both principles are reconcilable...

The paper analyses the agricultural policy of the Habyarimana regime, which ruled Rwanda from 1973 to 1994. Econometric analysis of rural household survey data is used to investigate the effects of the 1989 crop failure in southern Rwanda on children’s health status. The paper shows that...

This paper is a quantitative study of the genocide in the prefecture of Kibuye in Rwanda in 1994. We use an original data base developed by the organisation of the survivors of the genocide (IBUKA) who collected the data by house-to-house fieldwork. The data contain information on the age, sex,...

During last decade, improved macroeconomic and budgetary conditions have allowed for fiscal reforms in several EU countries. The main aim behind personal income tax reforms across Europe has been to reduce the tax burden on labour and to encourage work – especially for less productive workers....