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During the last decade unicameral proposals have been put forward in fourteen US states. In this paper we propose a theoretical framework casting some lights on the drawbacks of bicameral state legislatures and on the effects of the proposed constitutional reforms. In a setting where lawmakers...
Persistent link: https://www.econbiz.de/10010273815
negotiations following the production. By means of a laboratory experiment, we systematically investigate their role for the whole …
Persistent link: https://www.econbiz.de/10010274419
We characterize the unique Markov perfect equilibrium of a tug-of-war without exogenous noise, in which players have the opportunity to engage in a sequence of battles in an attempt to win the war. Each battle is an all-pay auction in which the player expending the greater resources wins. In...
Persistent link: https://www.econbiz.de/10010274454
This paper analyzes a model of corporate tax competition with repeated interaction and with strategic use of profit shifting within multinationals. We show that international tax coordination is more likely to prevail if the degree of asymmetry in terms of productivity differences between...
Persistent link: https://www.econbiz.de/10010274924
We report on an experiment designed to explore whether allowing individuals to voice their anger prevents costly punishment. For this sake, we use an ultimatum minigame and distinguish two treatments: one in which responders can only accept or reject the o®er, and the other in which they can...
Persistent link: https://www.econbiz.de/10010275034
We study ultimatum and dictator experiments where the first mover chooses the amount of money to be distributed between the players within a given interval, knowing that her own share is fixed. Thus, the first mover is faced with scarcity, but not with the typical trade-off between her own and...
Persistent link: https://www.econbiz.de/10010275044
view that the Developing World did not exploit its relatively strong bargaining position in negotiations over sidepayments …
Persistent link: https://www.econbiz.de/10010275262
This paper demonstrates that partial cooperation with respect to the use of an international environmental resource can emerge when countries are able to opt to breach an agreement. Although the option of non-compliance restricts the set of coalitions on those which embrace merely two members,...
Persistent link: https://www.econbiz.de/10010275337
This paper questions the standard results of an international noncooperative reduction game through considering scope effects between reduction and adaptation policies. In particular, it demonstrates that scope effects can result in positively sloped reaction curves. The paper discusses also the...
Persistent link: https://www.econbiz.de/10010275399
This paper discusses the eastward enlargement process of the EU in the framework of a simple war of attrition bargaining game. Both players – the existing EU members and the applicants – benefit from enlargement, yet for the applicants reform to the acquis is costly, while the EU prefers...
Persistent link: https://www.econbiz.de/10010276550