Showing 91 - 100 of 535
Persistent link: https://www.econbiz.de/10005079008
This paper presents evidence that central government has a very important role in improving the quality of oce-holders when political clientelism is present. Exploiting the exogenous variation of the release of the audit reports and the Brazilian institutional scheme, there is evidence that the...
Persistent link: https://www.econbiz.de/10005025517
How does the spatial distribution of employment opportunities influence residential location? We revisit this classic question in urban economics by exploiting a natural experiment generated by the history of state capitals. Many state employees in capital cities work in centrally located...
Persistent link: https://www.econbiz.de/10005256387
For generations of scholars and observers, the "transportation revolution," especially the railroad, has loomed large as a dominant factor in the settlement and development of the United States in the nineteenth century. There has, however, been considerable debate as to whether transportation...
Persistent link: https://www.econbiz.de/10005256388
We study the interaction between a public sector and a private sector in the provision of a private good. Under a limited budget, the public supplier uses a rationing policy. A private ?rm may supply the good to those consumers who are rationed by the public system. Consumers have di¤erent...
Persistent link: https://www.econbiz.de/10005256389
We extend implementation theory by allowing the social choice function to depend on more than just the prole of preferences of the agents and by allowing agents to support their statements with hard evidence. We show that a simple condition on the evidence structure which is necessary for the...
Persistent link: https://www.econbiz.de/10005256390
This paper gives identification and estimation results for marginal effects in nonlinear panel models. We find that linear fixed effects estimators are not consistent, due in part to marginal effects not being identified. We derive bounds for marginal effects and show that they can tighten...
Persistent link: https://www.econbiz.de/10005256391
We show that small switching costs can have surprisingly dramatic effects in infinitely repeated games if these costs are large relative to payoffs in a single period. This shows that the results in Lipman and Wang [2000] do have analogs in the case of infinitely repeated games. We also discuss...
Persistent link: https://www.econbiz.de/10005256392
“My own behavior baffles me. For I find myself not doing what I really want to do but doing what I really loathe.” Saint Paul What behavior can be explained using the hypothesis that the agent faces temptation but is otherwise a “standard rational agent”? In earlier work,...
Persistent link: https://www.econbiz.de/10005256393
This paper analyzes the properties of runoff electoral systems when voters are strategic. A model of three-candidate runoff elections is presented, and two new features are included: the risk of upset victory in the second round is endogenous, and many types of runoff systems are considered....
Persistent link: https://www.econbiz.de/10010540430