Budget Processes : Theory and Experimental Evidence

This paper studies budget processes, both theoretically and experimentally.The authors give a sufficient condition for top-down and bottom-up budget processes to have the same voting equilibrium.

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Year of publication:	2004-12-01
Authors:	Ehrhart, Karl-Martin ; Gardner, Roy ; Hagen, Jürgen von ; Keser, Claudia
Publisher:	Universität <Mannheim>
Subject:	Optimales Budget \| budget process \| Top-down-Prinzip \| top-down principle \| Haushaltsplan \| budet

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Extent:	268288 bytes 31 p. application/pdf
Series:	Universität Mannheim - Sonderforschungsbereich Rationalitätskonzepte, Entscheidungsverhalten und Ökonomische Modellierung - Discussion Papers Discussion Paper ; 04-57
Type of publication:	Book / Working Paper
Language:	English
Classification:	Corporate finance and investment policy. General ; Individual Working Papers, Preprints ; No country specification
Source:	USB Cologne (business full texts)

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