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Coordinating development: Can income-based incentive schemes eliminate pareto inferior equilibria?

Bond, Philip; Pande, Rohini - 2005

Individuals' inability to coordinate investment may significantly constrain economic development. In this paper we study a simple investment game characterized by multiple equilibria and ask whether an income-based incentive scheme can uniquely implement the high investment outcome. A general...

Persistent link: https://www.econbiz.de/10010264859

Coordinating Development: Can Income-based Incentive Schemes Eliminate Pareto Inferior Equilibria?

Bond, Philip; Pande, Rohini - Economic Growth Center, Economics Department - 2005

Individuals’ inability to coordinate investment may significantly constrain economic development. In this paper we study a simple investment game characterized by multiple equilibria and ask whether an income-based incentive scheme can uniquely implement the high investment outcome. A general...

Persistent link: https://www.econbiz.de/10005738392

Coordinating development : can income-based incentive schemes eliminate pareto inferior equilibria?

Bond, Philip; Pande, Rohini - 2005

Persistent link: https://www.econbiz.de/10003809183

Coordinating Development : Can Income-Based Schemes Eliminate Pareto Inferior Equilibria?

Pande, Rohini; Bond, Philip - 2005

Persistent link: https://www.econbiz.de/10014061698

Coordinating development : can income-based incentive schemes eliminate pareto inferior equilibria?

Bond, Philip; Pande, Rohini - In: Journal of development economics 83 (2007) 2, pp. 368-391

Persistent link: https://www.econbiz.de/10015122480

Incentive compatible contractible information

Bond, Philip - In: Economic theory : official journal of the Society for … 22 (2003) 2, pp. 375-394

Persistent link: https://www.econbiz.de/10001778643

Phenomenology of bubbles, crashes and extreme events in financial markets

Bond, Philip - In: Economic & financial modelling : a journal of the … 16 (2009) 1, pp. 3-48

Persistent link: https://www.econbiz.de/10009905034

Contracting in the presence of judicial agency

Bond, Philip - In: The B.E. journal of theoretical economics 9 (2009) 1, pp. 1-32

Persistent link: https://www.econbiz.de/10010007605

Joint liability among bank borrowers

Bond, Philip - In: Economic theory : official journal of the Society for … 23 (2004) 2, pp. 383-394

Persistent link: https://www.econbiz.de/10001871206

Bank and nonbank financial intermediation

Bond, Philip - In: The journal of finance : the journal of the American … 59 (2004) 6, pp. 2489-2530

Persistent link: https://www.econbiz.de/10002502740