In a series of experiments we show that people learn to play the efficient outcome in an open-ended rent-seeking game. This result persists despite quite different experiment environments and settings, like…
Contributions to Edited Volumes and Conference Proceedings
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2002
Real governments are at least to some extent also motivated by the objective of maximizing their political income. In a standard political economy model, this means that governments try to maximize their chance…
The economic effects of environmental taxes depend on the market structure. Under imperfect competition with free entry and exit, environmental taxes have an impact on economies of scale by changing the number…
This paper analyses the determinants of employment reactions induced by environmental innovations. On the basis of the parameter estimates of the Multinomial Logit and of several Multinomial Probit Models, we…
