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It is shown that the evolution of modern developed societies results into reduction of the role of centralized governance as well as economic and political competition, whereas the role of collaboration mechanisms is growing. This process is supported by cultural changes: increasing trust,...
Persistent link: https://www.econbiz.de/10011245928
I discuss goals of institutional experimentation as well as obstacles for its realization. The special attention is given to regional experiments. Institutional experiment reduces transformation costs, in particular, by diminishing probability of formation of erroneous reforms trap. The analyses...
Persistent link: https://www.econbiz.de/10011258635
This paper investigates the determinants of student choice of under­graduate major field. It argues that this choice depends on a variety of pecuniary and non-pecuniary factors. After allowing for the recent trends toward Accounting and Business Administration, the empirical results indicate...
Persistent link: https://www.econbiz.de/10011259027
This paper examines the relationship between union corruption actions and union membership. State-level data from the Office of Labor-Management Standards, and other sources, are utilized over two study periods (1974-2000 and 2001- 2008) to test three hypotheses, including the union corruption...
Persistent link: https://www.econbiz.de/10011259330
The problem of finding a Pareto point which would satisfy additional conditions in the form of equalities is stated. A theorem on existence of a solution is proved. Examples are given.
Persistent link: https://www.econbiz.de/10011259355
The results of this study for the 50 states imply that considerations of distance play an important role in the migration decision of blacks, with the distance variable being statistically significant at the five percent level or better in 80 percent of the cases. The racial composition variable...
Persistent link: https://www.econbiz.de/10011259706
Using the most current data available, this study seeks to identify any new as well as traditional determinants of personal income tax evasion. A variety of empirical estimates find that income tax rates, the IRS audit rate and IRS penalty interest rates, and the unemployment rate all influence...
Persistent link: https://www.econbiz.de/10011259915
This empirical study investigates the Tiebout-Tullock hypothesis as it might have applied to net domestic state in-migration rates over the period 1990 through 1999. It appears that the net state in-migration rate has been directly related to the ratio of the total state plus local government...
Persistent link: https://www.econbiz.de/10011260031
We describe the negotiated-price mechanism, introduced in the USSR in 1985, to increase flexibility of retail prices. We discuss a possibility to improve interactions between manufacturing and retailing through negotiated prices, and demonstrate a methodology to estimate them, using consumer...
Persistent link: https://www.econbiz.de/10011260219
A number of recent studies have been concerned with the determinants of either housing cost differentials or overall living cost differentials among SMSAs. Given the obvious significance of such differentials, the purpose of this research note is to develop a geographically comparable...
Persistent link: https://www.econbiz.de/10011260279