Search Results - subject:"Single-crossing condition"

Signaling games with a highly effective signal

Ropero, Miguel Ángel - In: Journal of economics 144 (2025) 2, pp. 145-169

Persistent link: https://www.econbiz.de/10015333290

Collective Reputation in Higher Education: An Equilibrium Model

Polishchuk, L. - In: Journal of the New Economic Association (2010) 7, pp. 46-69

Higher education is valued as a source of skills and knowledge, and also as means to signal à talent of degree holders. The policy reforms intended to make higher education more accessible and strengthen incentives for quality.second of these benefits, unlike the first one, could survive a...

Persistent link: https://www.econbiz.de/10008679940

Voting over tax schedules in the presence of tax avoidance

Roine, Jesper - 2003

This paper reconsiders the classical problem of majority voting over tax schedules, adding the possibility to avoid taxes. In this setting preferences over tax schedules are not determined by earned income, but rather by taxable income, which depends on the joint decisions of labor supply and...

Persistent link: https://www.econbiz.de/10010281397

Voting over tax schedules in the presence of tax avoidance

Roine, Jesper - Economics Institute for Research (SIR), … - 2003

avoidance, Majority voting, Order-restricted preferences, Single-crossing condition JEL classification: C62, D7, H2 ∗ STICERD … in Roberts’ article, the main concern is the existence of a majority voting equi- librium. Using the single-crossing … condition developed in Gans and Smart (1996), it will be shown that a majority voting equilibrium exists if taxable income …

Persistent link: https://www.econbiz.de/10005190899

Monotone comparative statics with separable objective functions

Ewerhart, Christian - Institut für Volkswirtschaftslehre, … - 2010

statics, Econometrica 62, 157-180) single crossing condition. As an application, I prove existence of a pure strategy Nash …

Persistent link: https://www.econbiz.de/10008625741

Asymmetric common-value auctions with applications to private-value auctions with resale

Cheng, Harrison; Tan, Guofu - In: Economic Theory 45 (2010) 1, pp. 253-290

Persistent link: https://www.econbiz.de/10008673889

Comparative Risk Aversion under Background Risks Revisited

Ohnishi, Masamitsu; Osaki, Yusuke - Graduate School of Economics, Osaka University - 2006

This note determines a sufficient condition on (von Neumann-Morgenstern) utility functions to preserve (reserve) comparative risk aversion under general background risks. Our condition is weaker than the one determined by Nachman (1982, Journal of Economic Theory). Nachmanfs condition requires...

Persistent link: https://www.econbiz.de/10005575050

Dependent Background Risks and Asset Prices

Osaki, Yusuke - Graduate School of Economics, Osaka University - 2005

Dependent background risks which have functional forms are introduced into Lucas economies. This paper determines the conditions on preferences to guarantee the monotonicity of asset prices, when dependent background risks satisfy the monotonicity and the single crossing conditions.

Persistent link: https://www.econbiz.de/10005710056

Majority Voting in Multidimensional Policy Spaces: Kramer-Shepsle versus Stackelberg

De Donder, Philippe; Le Breton, Michel; Peluso, Eugenio - C.E.P.R. Discussion Papers - 2010

We study majority voting over a bidimensional policy space when the voters' type space is either uni- or bidimensional. We show that a Condorcet winner fails to generically exist even with a unidimensional type space. We then study two voting procedures widely used in the literature. The...

Persistent link: https://www.econbiz.de/10008468656

Existence and comparative statics in heterogeneous Cournot Oligopolies

Hoernig, Steffen - Faculdade de Economia, Universidade Nova de Lisboa - 2000

We prove the existence of symmetric pure Cournot equilibria with heterogeneous goods under the following condition: each firm reacts to a rise in competirors output in such a way that its market price does not rise. This condition is not related to wether goods are strategic substitutes or...

Persistent link: https://www.econbiz.de/10005600472