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All Outputs (20)

Policy Reform Without Tears. (2002)
Book Chapter
Harrison, G., Jensen, J., Lau, M., & Rutherford, T. (2002). Policy Reform Without Tears. In A. Fossati, & W. Wiegaard (Eds.), Policy Evaluation with Computable General Equilibrium Models (20-38). Routledge

Political institutions and redistribution. (2002)
Presentation / Conference Contribution
Renstrom, T. (2002, December). Political institutions and redistribution. Presented at Proceedings of the 2002 North American Summer Meetings of the Econometric Society: Economic Theory, US

Liquidity constraints and the firms' investment return behavior (2002)
Journal Article
Basu, P., & Guariglia, A. (2002). Liquidity constraints and the firms' investment return behavior. Economica, 69(276), 563-581. https://doi.org/10.1111/1468-0335.00301

We construct a production-based model, which compares the investment return behaviour of liquidity-constrained firms with that of unconstrained firms. The key testable implication that emerges from the model is that the investment returns of the cons... Read More about Liquidity constraints and the firms' investment return behavior.

Comparing Bargaining Solutions in the Shadow of Conflict: How Norms against Threats Can Have Real Effects (2002)
Journal Article
Anbarci, N., Skaperdas, S., & Syropoulos, C. (2002). Comparing Bargaining Solutions in the Shadow of Conflict: How Norms against Threats Can Have Real Effects. Journal of Economic Theory, 106(1), 1-16. https://doi.org/10.1006/jeth.2001.2828

In many economic environments agents make costly and irreversible investments (in “guns”) that may enhance their respective threat payoffs but also shrink the utility possibilities set. In such settings, with variable threats and a variable utility p... Read More about Comparing Bargaining Solutions in the Shadow of Conflict: How Norms against Threats Can Have Real Effects.

Environmental economics and the international economy (2002)
Book
Marsiliani, L., Rauscher, M., & Withagen, C. (Eds.). (2002). Environmental economics and the international economy. Kluwer Academic Publishers

Thirteen papers addressing current issues in international environmental economics. They analyze the relationship between trade liberalization and environmental policy; the impact of trade liberalization on environmental quality; investigate problems... Read More about Environmental economics and the international economy.

Mixed Strategy Play and the Minimax Hypothesis (2002)
Journal Article
Shachat, J. (2002). Mixed Strategy Play and the Minimax Hypothesis. Journal of Economic Theory, 104(1), 189-226. https://doi.org/10.1006/jeth.2001.2915

This paper reports on a set of experiments designed to discriminate among the possible sources of the failure of the unique mixed strategy minimax equilibrium of the O'Neill (1987) game. This is accomplished by introducing a new methodology for elici... Read More about Mixed Strategy Play and the Minimax Hypothesis.

A simple two-axiom characterization of the Nash solution (2002)
Journal Article
Anbarci, N. (2002). A simple two-axiom characterization of the Nash solution. OR Spectrum, 24(2), 215-218. https://doi.org/10.1007/s00291-002-0097-z

The oldest and best-known cooperative bargaining solution concept is the Nash solution. Nash [2] characterized his seminal solution concept by using the axioms of ‘Independence of Irrelevant Alternatives’ (IIA), ‘Weak Pareto Optimality’ (WPO), ‘Symme... Read More about A simple two-axiom characterization of the Nash solution.

Approximating infinite-horizon models in a complementarity format: A primer in dynamic general equilibrium analysis. (2002)
Journal Article
Lau, M., Pahlke, A., & Rutherford, T. (2002). Approximating infinite-horizon models in a complementarity format: A primer in dynamic general equilibrium analysis. Journal of Economic Dynamics and Control, 26(4), 577-609. https://doi.org/10.1016/s0165-1889%2800%2900071-3

We demonstrate the advantages of the complementarity formulation for approximating infinite-horizon equilibria in neoclassical growth models as compared with techniques originally developed for optimal planning models. The complementarity approach do... Read More about Approximating infinite-horizon models in a complementarity format: A primer in dynamic general equilibrium analysis..

Tax structure turbulence in OECD countries (2002)
Journal Article
Ashworth, J., & Heyndels, B. (2002). Tax structure turbulence in OECD countries. Public Choice, 111(3-4), 347-376. https://doi.org/10.1023/a%3A1014957130671

This paper analyses whether and to what extent politicians manipulate tax structures strategically in order to win elections or for ideological purposes. We introduce an indicator for tax structure turbulence which measures the degree to which a coun... Read More about Tax structure turbulence in OECD countries.

Redistribution as a local public good : an empirical test for Flemish municipalities (2002)
Journal Article
Ashworth, J., Heyndels, B., & Smolders, C. (2002). Redistribution as a local public good : an empirical test for Flemish municipalities. Kyklos, 55(1), 27-56. https://doi.org/10.1111/1467-6435.00176

Redistribution is typically viewed as a task of the central government. However, in most federal countries local governments do have some discretion in redistribution policy. The main theoretical argument for this is that redistribution may be a loca... Read More about Redistribution as a local public good : an empirical test for Flemish municipalities.