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In a simple model based on political support approach, we show that poor and less egalitarian societies may impose a lower tax rate contrary to the prediction of the median voter approach. This is consistent with the available empirical findings. In the framework developed in this paper, the...
Persistent link: https://www.econbiz.de/10005505249
This paper considers the players' behavior in an asymmetric two-player contest. When do they decide to struggle and when to subjugate? Analyzing contest-success functions it is found that two crucial prerequisites for struggle or war have to be met. Thus, such an equilibrium is possible but...
Persistent link: https://www.econbiz.de/10005542642
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The modern state has monopolized the legitimate use of force. This concept is twofold. First, the state is empowered with enforcement rights; second, the rights of the individuals are restricted. In a simple model of property rights with appropriation and defense activity, we show that a...
Persistent link: https://www.econbiz.de/10010828377
In an environment with asymmetric information and intragenerational externalities, the implementation of a first-best efficient Clarke-Groves- Vickrey mechanism may not be feasible if it has to be self-financing. By using intergenerational transfers, the arising budget deficit can be covered in...
Persistent link: https://www.econbiz.de/10010762287
We ask if awarding multiple prizes in a contest can be used to provide efficient incentives for the production of a public good with heterogeneous producers. With two types of individuals, efficiency can only be guaranteed if the following conditions are met: (i) the contest designer can use at...
Persistent link: https://www.econbiz.de/10010794882
The paper analyzes the strategic effects of decentralized user-fee and enforcement policies for the financing of interregional spillover goods. We derive the equilibrium pricing and enforcement rules for a n-region economy. We show that under mild conditions on the pattern of substitution...
Persistent link: https://www.econbiz.de/10010865763
This paper considers the players' behaviour in an asymmetric two-player contest. When do they decide to "struggle" and when to "subjugate"? Analysing contest-success functions it is found that two crucial prerequisites for "struggle" or "war" have to be met. Thus, such an equilibrium is possible...
Persistent link: https://www.econbiz.de/10010986218
In einem Europa integrierter Güter- und Faktormärkte stehen die nationalen Systeme Sozialer Sicherung zunehmend auf dem Prüfstand. Mit der Schaffung des gemeinsamen Marktes wurden die individuellen Verfügungsrechte verändert. In diesem Essay werden diese Änderungen bezüglich den Zielen...
Persistent link: https://www.econbiz.de/10010986320