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This paper focuses on the mean vote procedure for choosing the quantity of a public good, a social choice rule that selects the mean of the quantities voted for. The available theoretical models of mean voting give rise to conflicting predictions about the extent of the strategic bias that might...
Persistent link: https://www.econbiz.de/10008869352
A tax amnesty can be a useful tax policy tool when exploited in exceptional circumstances. Amnesties can also be used systematically as a discriminatory mechanism to improve the efficiency or even the equity of the tax system, but only if government commitment to enforcing tax law is credible....
Persistent link: https://www.econbiz.de/10010747847
<em>Voting Rule and Collective Choice: An Experiment </em> (by Carla Marchese, Marcello Montefiori) - This paper concerns the problem of collective choices and misrepresentation of preferences. Even if many mechanism have been suggested in the literature, the problem of free riding and strategic...
Persistent link: https://www.econbiz.de/10011066835
In this paper we present a model in which endogenous growth arises in competitive markets. Knowledge is described as a labor-augmenting factor used directly in the Önal goodsíproduction. Firms demand both basic non-rival knowledge contents, which are supplied jointly and inelastically with raw...
Persistent link: https://www.econbiz.de/10011096923
We analyze the relationship between economic growth, knowledge production and intellectual property rights. Economists and historians underline different aspects as possible causes of knowledge accumulation; the former stress the role of incentive mechanisms while the latter the autonomous...
Persistent link: https://www.econbiz.de/10011096930
This paper investigates which is the most desirable payment schedule, from a social welfare standpoint, for compensating IPR holders for music broadcast by radio stations. A model of a radio station that acts as a monopoly with respect to listeners and sells ads in a competitive market is...
Persistent link: https://www.econbiz.de/10010895529
This paper investigates which is the most desirable payment schedule, from a social welfare standpoint, for compensating IPR holders for music broadcast by radio stations. A model of a radio station that acts as a monopoly with respect to listeners and sells ads in a competitive market is...
Persistent link: https://www.econbiz.de/10010876436
Gatekeepers have an increasing role in taxation and regulation. Whereas burdening them with legal liability for misconducts that benefit those who resort to their services actually discourages wrongdoings—as will be clarified in the article—an alienation effect can also arise. The gatekeeper...
Persistent link: https://www.econbiz.de/10010987603