With a market entry game inspired by Camerer and Lovallo (1999), we study the attitudes of junior and senior employees towards strategic uncertainty and competition. Seniors exhibit higher entry rates compared to juniors, especially when the market capacity is not too low or when earnings from...

The last two decades have witnessed a sharp increase in foreign direct investment (FDI) flows and increased competition among developing countries to attract FDI, resulting in higher investment incentives offered by host governments and removal of restrictions on operations of foreign firms in...

The impact of the fragmentation of executive and legislative bodies on the level and composition of government expenditure is a feature of politics that has attracted considerable attention from economists. However, previous authors have abstracted from two important concepts: ideology and...

Fiscal competition between governments to attract investment can take the form of business tax rebates, productivity-enhancing public infrastructure, tax holidays, accelerated depreciation allowances or loss carry-forward for income tax purposes. This paper surveys the recent theoretical and...

[eng] Tax Competition and Tax On Firm Profits : Theory and Practice.. This paper begins by reviewing the principal results relating to optimal taxation of corporate income and distortions arising from corporate income tax in an open economy. Emphasis is placed on the most recent theoretical...

[spa] Atractividad de Francia: análisis, percepción y medición . . La atractividad de un país remite a un amplio abanico de determinantes: tamaño de los mercados, coste del capital y del trabajo (en los que la fiscalidad juega un rol relevante), presencia o no de unas empresas competidoras...