Showing 1 - 10 of 174
No abstract available.
Persistent link: https://www.econbiz.de/10004970425
Using examples for each type of model, we consider dynamic games, differential games, and simulation as alternative ways of extending the standard static economic model of conflict to study patterns of conflict dynamics. It turns out that computational requirements and theoretical difficulties...
Persistent link: https://www.econbiz.de/10010840335
We take issue with the argument expounded, among others, by Layard (2006, Economic Journal) that status-seeking preferences justify heavier taxation of income because this serves to internalise the negative externality that the pursuit of status imposes on others. In a model where status depends...
Persistent link: https://www.econbiz.de/10005091322
We consider an argument that it might be helpful to combat poverty in developing countries indirectly by enlisting firms' help (as "corporate citizens") in reducing corruption. It turns out that this argument crucially depends on a fair number of presmises, including (a) a common interest of...
Persistent link: https://www.econbiz.de/10005091355
No abstract available.
Persistent link: https://www.econbiz.de/10005091360
No abstract available.
Persistent link: https://www.econbiz.de/10005091367
This paper surveys the nexus between tax competition and the fiscal constitution. We distinguish various approaches to competition between jurisdictions and provide a critique of evolutionary approaches to 'systems competition'. In the main part of the paper, a simple model of horizontal tax...
Persistent link: https://www.econbiz.de/10005091374
We analyse the long-run equilibrium and adjustment dynamics in three popular models of economic growth when property rights are absent. The results are compared to the outcome in the corresponding economy with secure property rights.
Persistent link: https://www.econbiz.de/10005474980
Persistent link: https://www.econbiz.de/10005474981
If firms demand heterogeneous working qualifications, each has to decide whether to choose its preferred qualification and be incompatible to other firms' qualifications or to standardize and choose the same qualification as other firms. The model analyses whether advanced training, which...
Persistent link: https://www.econbiz.de/10005474982