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This article presents an equivalence theorem in the context of Tullock's augmented lottery contest with external or internal cost reimbursement. Three alternative modes of reimbursement are studied. The equivalence implies that, even though the augmented contest is vulnerable to framing biases,...
Persistent link: https://www.econbiz.de/10014422484
Large international earnings differentials negatively impact human capital investments in migrant-origin countries. We find that three Central Asian migrant-sending countries-the Kyrgyz Republic, the Republic of Tajikistan, and the Republic of Uzbekistan-are facing a for-saken schooling...
Persistent link: https://www.econbiz.de/10012303135