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Political Economy of Trade Liberalization: The Case of Postwar Japan

Naoi, Megumi; Okazaki, Tetsuji - Institute of Economic Research, Hitotsubashi University - 2013

How did post-War newer democracies, whose governments faced both pressures from vested special interests and voters, achieve trade liberalization ? Exploiting the case of trade liberalization in 1960s Japan, this paper addresses this question. Because the benefits and costs of trade...

Persistent link: https://www.econbiz.de/10010842019

Piercing the Veil of Uncertainty in Transboundary Pollution Agreements

Kolstad, Charles - In: Environmental & Resource Economics 31 (2005) 1, pp. 21-34

This paper addresses the question of how uncertainty in costs and benefits affects the difficulty of reaching a voluntary agreement among sovereign states. A measure of “difficulty” is constructed related to side-payments necessary to make an agreement a Pareto-improving move. Using a simple...

Persistent link: https://www.econbiz.de/10005810686

Economic integration as a partition function game

MORELLI, Massimo; PENELLE, Philippe - Center for Operations Research and Econometrics (CORE), … - 1997

This paper provides a methodology to study coalition formation problems with externalities and heterogeneous players, when some subset of the players can act as “coalition developers” over time. The framework provided here allows to explicitly predict the timing of admission to coalitions,...

Persistent link: https://www.econbiz.de/10005008385

The Formation of Networks with Side Payments

Bloch, Francis; Jackson, Matt - Econometric Society - 2004

We examine the formation of networks among a set of players whose payoffs depend on the structure of the network. We focus on games where players may promise or demand transfer payments when forming links. If players may only make such transfers on the links they are directly involved with, then...

Persistent link: https://www.econbiz.de/10005702654

Reputation Sells -Compensation Payments in the Political Sphere

Ahlfeld, Corinna - Volkswirtschaftliches Seminar, … - 2010

Bargaining between different groups, which differ in objectives, preferences and interests, is at the core of political decision-making. Yet, it is logical to presume that negotiations involving more parties will lead to inertia and a slow pace in the legislative process. According to this...

Persistent link: https://www.econbiz.de/10008562780

Risk, entitlements and fairness bias: Explaining preferences for redistribution in multi-person setting

Kataria, Mitesh; Montinari, Natalia - 2012

manipulating how subjects are assigned to a given level of pre-tax income, we vary the individual entitlements. We find a …

Persistent link: https://www.econbiz.de/10010291852

Entitlements and obligations

Schlicht, Ekkehart - 2016

Market interactions are brought about by the interplay of entitlements and obligations. Entitlements are rights, as … them. Obligations are the counterparts of entitlements. They refer to claims of others that are subjectively accepted, and … entitlements and obligations. Simple selfishness would not be sufficient to bring them about or sustain them. This is especially …

Persistent link: https://www.econbiz.de/10011626627

The Coase mechanism and the iteration argument

Schlicht, Ekkehart - 2017

The "iteration argument" presented in Schlicht (1996) shows that the allocation of property rights may generate inefficiencies, contrary to what the "Coase Theorem", as commonly understood, asserts. The argument may be summarized by saying that markets (and bargaining) cease to function properly...

Persistent link: https://www.econbiz.de/10011626628

Integration of administrative records for social protection policies: Contributions from the Brazilian experience

Bartholo, Letícia; Mostafa, Joana; Osorio, Rafael Guerreiro - 2018

Integrating information for the purpose of articulating social protection policies is hard work. It requires a combination of political will, capacity for institutional cooperation, software development and direct communication channels with citizens. Because of this complexity, countries that...

Persistent link: https://www.econbiz.de/10012030395

Integração de registros administrativos para políticas de proteção social: Contribuições a partir da experiência brasileira

Bartholo, Letícia; Mostafa, Joana; Osorio, Rafael Guerreiro - 2018

Integrating information for the purpose of articulating social protection policies is hard work. It takes from political will, to capacity for institutional cooperation, to software development and direct communication channels with citizens. Because of that complexity, countries that pursue...

Persistent link: https://www.econbiz.de/10011818950