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According to economists game theory is the study of strategy, or study of actions of agents whose outcome depends on the actions of other agents. The objective of this paper is to outline the major contributions of game theory to an examination of the individual rationality of firms that causes...
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This paper introduces harassment in a model of bribery and corruption. We characterize the harassment equilibrium and show that taxpayers with all possible levels of income participate in such an equilibrium. Harassment has a regressive bias. Harassment cost as such may not affect tax revenue....
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This paper introduces "harassment" in a model of bribery and corruption. We characterize the harassment equilibrium and show that taxpayers with all possible levels of income participate in such an equilibrium. Harassment has a regressive bias. Harassment cost as such may not affect tax revenue....
Persistent link: https://www.econbiz.de/10014129553