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, institutional, and political variables to assess how political competition and policy insulation feasibility determine private … competition is associated with an increase in private participation in infrastructure through greenfield projects, concessions … competition facilitates cooperation when insulation is costly or not viable …
Persistent link: https://www.econbiz.de/10012994813
The determinants of incentive regulation are a key issue in economics. More powerful rules relax allocative distortions …
Persistent link: https://www.econbiz.de/10014191827
The determinants of incentive regulation are an important issue in economics. More powerful rules relax allocative …
Persistent link: https://www.econbiz.de/10014218720
The determinants of incentive regulation are an important issue in economics. More powerful rules relax allocative …
Persistent link: https://www.econbiz.de/10014056105
liability, and second, an incentive regulation framework. We briefly describe the application of those instruments in the United …
Persistent link: https://www.econbiz.de/10014139756
liability, and second, an incentive regulation framework. We briefly describe the application of those instruments in the United …
Persistent link: https://www.econbiz.de/10014137440
We study political competition in an environment in which voters have private information about their preferences. Our …
Persistent link: https://www.econbiz.de/10010358277
In this paper we analyze a legislative bargaining game in which parties privately informed about their preferences bargain over an ideological and a distributive decision. Communication takes place before a proposal is offered and majority rule voting determines the outcome. When the private...
Persistent link: https://www.econbiz.de/10008665138
In this paper we analyze a legislative bargaining game in which parties privately informed about their preferences bargain over an ideological and a distributive decision. Communication takes place before a proposal is offered and majority rule voting determines the outcome. When the private...
Persistent link: https://www.econbiz.de/10008669935
In this paper we examine the impact of tax contracts as a novel institution on elections, policies, and welfare. We consider a political game in which three parties compete to form the government. Parties have policy preferences about the level of public-good provision and benefit from perks...
Persistent link: https://www.econbiz.de/10008746679