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This is a study of the incentive of firms to disclose private information about their costs to competitors (when firms compete by setting quantitites). This paper expands on previous contributions by analyzing a model in which firms decide whether to disclose their cost information to their...
Persistent link: https://www.econbiz.de/10010334280
This study investigates whether economic differences attributable to the length of a state's coastline effected Congressional voting in the 1850s on measures to reform the lighthouse system, a service often thought to be best provided by the government. Probit estimation indicates that...
Persistent link: https://www.econbiz.de/10010334285