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course leads to less rent seeking. Finally, a longer contract makes a possible cooperation between the firms solving the rent …In this paper, firms engage in rent seeking in order to be assigned a governmental contract. We analyze how a change in … the contract length affects the firms' rent-seeking behavior. A longer contract leads to more rent seeking at a contract …
Persistent link: https://www.econbiz.de/10010333751
course leads to less rent seeking. Finally, a longer contract makes a possible cooperation between the .rms solving the rent …In this paper, .rms engage in rent seeking in order to be assigned a governmental contract. We analyze how a change in … the contract length a¤ects the .rms. rent-seeking behavior. A longer contract leads to more rent seeking at a contract …
Persistent link: https://www.econbiz.de/10005785927
We consider rules (strategies, commitments, contracts, or computer programs) that make behavior contingent on an opponent's rule. The set of perfectly observable rules is not well defined. Previous contributions avoid this problem by restricting the rules deemed admissible. We instead limit the...
Persistent link: https://www.econbiz.de/10010437999
Persistent link: https://www.econbiz.de/10014465983
incentive schemes have gradually crowded out cooperation as an organization device. Our explanation does not draw on free …-riding, the obvious Achilles’ heel of cooperation, but relies completely on fundamental group contest mechanisms. By investigating …
Persistent link: https://www.econbiz.de/10008852907
Persistent link: https://www.econbiz.de/10014487127
specialized enforcement technology is sufficiently effective, cooperation is best sustained by a "single enforcer punishment … following deviations by regular agent is that such actions, by reducing future cooperation, would decrease the amount of …
Persistent link: https://www.econbiz.de/10011491715
groups but where entrepreneurs have a desire for cooperation and peace. We assert that it is members of the elites who start …
Persistent link: https://www.econbiz.de/10010285564
Abundant evidence suggests that high levels of contributions to public goods can be sustained through self-governed monitoring and sanctions. This experimental study investigates the effectiveness of decentralized sanctioning institutions in alternative punishment networks. Our results show that...
Persistent link: https://www.econbiz.de/10010890961
groups but where entrepreneurs have a desire for cooperation and peace. We assert that it is members of the elites who start …
Persistent link: https://www.econbiz.de/10008776039