Similar Search Results

Credibility and reputation in peacemaking

Addison, Tony; Murshed, S. Mansoob - 2001

The paper analyses credibility and reputation in the context of peace negotiations. Where war provides economic gains …

Persistent link: https://www.econbiz.de/10010279254

Feuerstein, Switgard; Grimm, Oliver - 2004

The paper compares the credibility of currency boards and (standard) pegs. Abandoning a currency board requires a time …

Persistent link: https://www.econbiz.de/10010296385

Warum Staaten Ökosteuern statt Lizenzen einführen, und wann das schlecht für die Wohlfahrt ist

Haucap, Justus; Kirstein, Roland - 2002

ecological ones. Taxes solve the credibility problem a monopoly supplier of licenses would face, and lead to a suboptimal low …

Persistent link: https://www.econbiz.de/10010296969

The Credibility of Certifiers

Stolper, Anno - 2011

It is often argued that certifiers have an incentive to offer inflated certificates, although they deny it. In this paper, we study a model in which a certifier is paid by sellers, and may offer them inflated certificates, but incurs costs if doing so. We find that the certifier may face a...

Persistent link: https://www.econbiz.de/10010427598

Monetary target announcements, reputation and hysteresis

Grüner, Hans Peter - 1994

on the results of the repeated monetary policy game. Disciplinary effects of reputation disappear in presence of …

Persistent link: https://www.econbiz.de/10010397973

Transaction cost politics, institutions for commitment and rent seeking

Murshed, S. Mansoob - 2001

In developing countries, particularly in those countries that have experienced declining growth rates, institutional failure (bad policies) is closely related to development failure and growth collapses. This paper addresses the issues of commitment, compromise and rent seeking, all of which are...

Persistent link: https://www.econbiz.de/10010279342

Conditional and dynamic convex risk measures

Detlefsen, Kai; Scandolo, Giacomo - 2005

We extend the definition of a convex risk measure to a conditional framework where additional information is available. We characterize these risk measures through the associated acceptance sets and prove a representation result in terms of conditional expectations. As an example we consider the...

Persistent link: https://www.econbiz.de/10010263581

Artificial time inconsistency as a remedy for the race to the bottom

Weichenrieder, Alfons J.; Busch, Oliver - 2005

A long-standing concern in the literature has been that household mobility implies a serious threat to the viability of redistributive taxation. This paper considers the effects of deferred integration of migrants into the redistributive system of the target country. In a model of symmetric...

Persistent link: https://www.econbiz.de/10010277175

Climate policy without commitment

Golombek, Rolf; Greaker, Mads; Hoel, Michael - 2010

Climate mitigation policy should be imposed over a long period, and spur development of new technologies in order to make stabilization of green house gas concentrations economically feasible. The government may announce current and future policy packages that stimulate current R&D in...

Persistent link: https://www.econbiz.de/10010285588

Membership has its Privileges: On the Effects of Delegating Powers Internationally

Voigt, Stefan - 2005

This paper analyzes whether nation-state governments can increase their credibility by becoming members of … international organizations. Credibility is an important asset because it determines the real interest rate and is expected to have … organizations can improve the credibility of nation-state governments. This hypothesis is tested by introducing a new indicator. On …

Persistent link: https://www.econbiz.de/10010263282