Showing 61 - 70 of 83
We consider a set-up where two governments have either conflicting or matching preferences on the provision of differentiated (local) goods supplied by a common monopoly bureau. We develop a two-stage game. At stage-1, the two governments decide whether or not to merge into a single institution....
Persistent link: https://www.econbiz.de/10005007147
This paper presents the results of two experiments designed to test violations of Subjective Expected Utility Theory (SEUT) within a sample of Italian trade union delegates and leaders. Subjects priced risky and ambiguous prospects in the domain of gains. Risky prospects were based on games of...
Persistent link: https://www.econbiz.de/10005007155
This paper presents a counterexample to the Miyagiwa (1991) claim that discriminatorygovernment procurement policy is ineffective as a protectionist device, when the goods are alsoconsumed by the private sector. The procurement sector is a homogeneous product Cournot-Nashduopoly, with a home and...
Persistent link: https://www.econbiz.de/10005007176
This article considers the incidence and welfare effects of a specific excise tax in a unionized duopoly model with differentiated products, linear demand and cost curves, and wage bargaining. The article allows for both Cournot and Bertrand competition. The article shows that unionization...
Persistent link: https://www.econbiz.de/10005007422
This paper presents the results of two experiments testing reaction to risk and uncertainty of a sample of 66 Italian university students. Risky prospects were based on games of chance, while uncertain lotteries were based on the forthcoming results of either the May 2001 Italian general...
Persistent link: https://www.econbiz.de/10005007452
This paper considers the impact of the Constitutional Court on legislative output in Italy.Following Tsebelis' (2002) veto players model and the stylised facts as regards the Italian Constitutional Court's activity, this paper presents a multi-stage game in the spirit of Gely and Spiller (1990)....
Persistent link: https://www.econbiz.de/10005007464
We consider a three sector small open economy with a monopolistic non traded sector, a competitive traded good sector, and a capital good sector. In both the consumer good sector, there are enterprise unions that bargain sequentially over wages and employment as in Manning [1987]. This approach...
Persistent link: https://www.econbiz.de/10005066027
In this paper, we consider the sentences of constitutional illegitimacy by the Italian Constitutional Court in the First Republic (1956--1992) as a measure of its independence from politicians. We focus on the Court's incidental review and test whether the Court's independence increases when...
Persistent link: https://www.econbiz.de/10005674956
We derive the sub-game perfect Nash equilibria for the foreign direct investment (FDI) game played between two unionized firms. We show that FDI is less likely, ceteris paribus, the greater is union bargaining power and the more substitutable are the firms' products in the potential host...
Persistent link: https://www.econbiz.de/10005463024
This paper presents the results of two experiments designed to test violations of Subjective Expected Utility Theory (SEUT) within a sample of Italian trade union delegates and leaders. Subjects priced risky and ambiguous prospects in the domain of gains. Risky prospects were based on games of...
Persistent link: https://www.econbiz.de/10005542811