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countries is self-enforcing. It is shown that there always exists a rather small stable tax coalition. For some subset of the … parameter space the grand coalition may be stable as well, even if the total number of countries is large. The small stable … coalition is not very effective in mitigating the inefficiency of the non-cooperative Nash equilibrium. The ineffectiveness is …
Persistent link: https://www.econbiz.de/10010199703
of countries is self-enforcing. It is shown that there always exists a rather small stable tax coalition. For some subset … of the parameter space the grand coalition may be stable as well, even if the total number of countries is large. The … small stable coalition is not very effec- tive in mitigating the inefficiency of the non-cooperative Nash equilibrium. The …
Persistent link: https://www.econbiz.de/10010213412
game model with tax-revenue maximizing governments. One of their major results is that the grand tax coalition is never … stable and sustainable. The purpose of this note is to prove that there are conditions under which the grand tax coalition is …
Persistent link: https://www.econbiz.de/10010418792
game model with tax-revenue maximizing governments. One of their major results is that the grand tax coalition is never … stable and sustainable. The purpose of this note is to prove that there are conditions under which the grand tax coalition is …
Persistent link: https://www.econbiz.de/10010383847
that regardless of the structure of the coalition (i.e. full or partial tax coordination), whether partial tax …
Persistent link: https://www.econbiz.de/10010509603
Persistent link: https://www.econbiz.de/10011904322
that regardless of the structure of the coalition (i.e. full or partial tax coordination), whether partial tax …
Persistent link: https://www.econbiz.de/10013023187
game model with tax-revenue maximizing governments. One of their major results is that the grand tax coalition is never … stable and sustainable. The purpose of this note is to prove that there are conditions under which the grand tax coalition is …
Persistent link: https://www.econbiz.de/10013048825
The paper studies when efficient allocations are implementable via coalition-proof mechanisms. When ambiguous … implementable via interim coalition incentive compatible mechanisms if and only if the prior distribution of agents’ types satisfies … the Coalition Beliefs Determine Preferences (CBDP) property. When the CBDP property holds, these mechanisms can be …
Persistent link: https://www.econbiz.de/10013242607
We consider a standard coalitional bargaining game where once a coalition forms it exits as in Okada (2011), however … chosen with equal probability. If that is the case, she can choose any coalition she belongs to. However, a coalition can …
Persistent link: https://www.econbiz.de/10011296159