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This study offers an extension of Grossman and Helpman (1994) political-economic framework to model an industry regulated by an integrated system of both direct and market-based policies. The model is incorporated into a normative theoretical analysis and serves as a basis for structural...
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We define the class of two-player zero-sum games with payoffs having mild discontinuities, which in applications typically stem from how ties are resolved. For games in this class we establish sufficient conditions for existence of a value of the game and minimax or Nash equilibrium strategies...
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We study the implications of reference dependency and loss aversion features of individual preferences in trade policy determination and show these behavioural features help explain why governments change the trade restrictiveness in order to cushion the domestic prices from world price shocks....
Persistent link: https://www.econbiz.de/10014139709
Chapter 1 Introduction -- Part I: Theoretical Background -- Chapter 2 Lobbying – A Public Choice Perspective -- Chapter … 3 Lobbying from the Perspective of Behavioral Political Economy -- Chapter 4 Policy Failure and Lobbying -- Chapter 5 … Lobbying and Macroeconomic Development -- Part II: Channels of Influence and their Regulation -- Chapter 6 Informational …
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Trade can and should play an important role in making progress to achieve the Sustainable Development Goals. This includes trade and investment in services, as realizing many of the goals is conditional on improved performance of services sectors in developing countries. The global environment...
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