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Pushing the Prize Up, A Few Notes on Al-Qaeda's Reward Structure and the choice of Casualties

Caruso, Raul; Locatelli, Andrea - EconWPA - 2005

The article aims at suggesting possible conjectures on Al-Qaeda's logic and structure. Even if the organization's secrecy makes any empirical evidence difficult to find, some insight can be provided by economic theory of contests: in this terms, Al-Qaeda can be acknowledged like an agent...

Persistent link: https://www.econbiz.de/10005408420

A Very Simple Model of Conflict with Asymmetric Evaluations and Institutional Constraint

Caruso, Raul - EconWPA - 2005

This paper considers a partial equilibrium model of conflict where two asymmetric, rational and risk-neutral opponents … conflict in order to appropriate a positive fraction of a stake. An institutional constraint is modelled through an exogenously … conflicting agents are willing to commit themselves to ease the conflict joining an institutional setting they do not ‘disarm …

Persistent link: https://www.econbiz.de/10005408438

The Role and Evolution of Central Authorities

Frijters, Paul; Tieman, Alexander F. - EconWPA - 1999

In this paper we argue that authorities aid cooperation by means of direct coordination or the enforcement of pre-commitment devices such as contract laws.Credible threats of violence allow this role. In a local interaction model, an authority forms if mutually connected individuals with...

Persistent link: https://www.econbiz.de/10005412451

COORDINATION, COOPERATION, AND THE EXTENDED COASEAN APPROACH TO ECONOMIC POLICY

Chilosi, Alberto - EconWPA - 2003

The Coasean way to deal with the cooperation failure that is implicit in Pareto inefficiency is to remove or lessen the obstacles to cooperation through the attribution of property rights and the elimination or reduction of transaction costs. The relevance of this approach is however undermined...

Persistent link: https://www.econbiz.de/10005560990

The Need for Pension Reform

Thakur, Subhash; Cerra, Valerie - EconWPA - 2005

Persistent link: https://www.econbiz.de/10005408402

Rebuilding Fiscal Institutions in Post-Conflict Countries

Gupta, Sanjeev; Tareq, Shamsuddin; Clements, Benedict; … - EconWPA - 2005

This paper reviews the key challenges in rebuilding fiscal institutions in post-conflict countries. Based on IMF …

Persistent link: https://www.econbiz.de/10005408404

Flotación del tipo de cambio e Inflation Targenting - Lecciones de una transición exitosa - El caso de Brasil Floating Exchange Rate and Inflation Targeting - Lessons from a succesful transition - The Brazilian Case

Deheza, Juan Carlos Soldano - EconWPA - 2003

Dentro de los casos más recientes de transición a regímenes de flotación del tipo de cambio, el caso brasileño por su cercanía geográfica e intensidad de la relación bilateral, así como el éxito obtenido en términos de baja inflación en los precios al consumidor, relativa estabilidad...

Persistent link: https://www.econbiz.de/10005408408

Shadow Pricing Rules for Partially Traded Goods

Londero, Elio - EconWPA - 2005

This paper shows how to shadow price partially traded goods following the standard rules of cost-benefit analysis, i.e. identifying the individuals affected, measuring their corresponding compensating variations, and aggregating those measures according to a distributional value judgement. The...

Persistent link: https://www.econbiz.de/10005408410

Delegación de facultades al Jefe de Gabinete de Ministros: Evolución e impacto en el contexto fiscal actual

Uña, Gerardo; Cogliandro, Gisell; Bertello, Nicolás - EconWPA - 2005

El presente documento analiza los principales aspectos de la delegación de facultades al Jefe de Gabinete de Ministros (JGM) en relación al gasto público contenidas en el Proyecto de Ley de Presupuesto 2005 remitido por el Poder Ejecutivo al Congreso de la Nación y su impacto sobre el...

Persistent link: https://www.econbiz.de/10005408411

Externalities and Bailouts: Hard and Soft Budget Constraints in Intergovernmental Fiscal Relations

Wildasin, David E. - EconWPA - 2001

Central government matching grants can, in principle, induce socially- efficient provision of local public goods that produce spillover benefits. Local underprovision of public goods may however elicit direct central-government provision and finance (a ``bailout") that makes local residents...

Persistent link: https://www.econbiz.de/10005408412