Now showing items 17-36 of 208

  • Auctions with private entry costs 

    Kaplan, Todd R.; Sela, Aner (Centre for Economic Policy Research, 2003-10)
    We study auctions where bidders have private information about their entry costs and the seller does not benefit from these entry costs. We consider a symmetric environment where all bidders have the same value for the ...
  • Bandwagon effects in British general elections, 1885-1910 

    Hodgson, Robert; Maloney, John (Springer, 2012)
    Until 1918, British general elections were staggered over a fortnight or more. We use the eight general elections between 1885 and 1910 to investigate whether there was a general bandwagon or underdog effect as the election ...
  • Behind the cube rule: implications of and evidence against a fractal electoral geography 

    Maloney, John; Pearson, Bernard; Pickering, Andrew C. (Pion, 2003)
    In 1909 Parker Smith showed that the ratio of seats won by the two major parties in Britain was close to the cube of the ratio of their votes. Taagepera and Shugart argue, wrongly, that a fractal electoral map implies this. ...
  • The Benefits of a more Strategic Approach to Tax Administration and the Role of Performance Indicators 

    James, Simon; Svetalekth, Thamrongsak; Wright, Brian (University of Exeter, 2007)
    One way of improving the quality of tax administration might be to take a more strategic approach to tax reform as has already been suggested, for example, in the cases of tax simplification, compliance and taxpayers’ ...
  • The benefits of costly voting 

    Chakravarty, Surajeet; Kaplan, Todd R.; Myles, Gareth D. (University of Exeter Business School, 2010-02)
    We present a costly voting model in which each voter has a private valuation for their preferred outcome of a vote. When there is a zero cost to voting, all voters vote and hence all values are counted equally regardless ...
  • Britain's single currency debate of the late 1860s 

    Maloney, John (Routledge, 2006-12)
    Though a Royal Commission had rejected Britain joining the Latin Monetary Union, Robert Lowe, the Chancellor of the Exchequer, said he would recommend membership provided three conditions were satisfied. As these included ...
  • Building the bomb: nuclear proliferation in authoritarian states 

    Challis, Ben (Routledge, 2015-03-13)
    The assumption underlying much of the debate about nuclear proliferation is that future proliferation threats emanate primarily from states outside the democratic community. In this winning essay of the Trench Gascoigne ...
  • Calibration results for non-expected utility theories 

    Safra, Zvi; Segal, Uri (2008)
    Rabin (2000) proved that a low level of risk aversion with respect to small gambles leads to a high, and absurd, level of risk aversion with respect to large gambles. Rabin’s arguments strongly depend on expected utility ...
  • Capital taxes, labor taxes and the household 

    Siegel, Christian; Oikonomou, Rigas (Cambridge University Press, 2015)
    We study the impact of capital and labor taxation in an economy where couples bargain over the intrahousehold allocation under limited commitment. In this framework more wealth improves commitment and gives rise to insurance ...
  • Caps on Political Lobbying: Comment. 

    Kaplan, Todd R.; Wettstein, David (American Economic Association, 2006)
    The article focuses on spending caps, and compares those used in politics with many examples in sports economics. In 1999, the party of Israeli Prime Minister Ehud Barak was fined $3.2 million for exceeding Israel's campaign ...
  • A cautionary note on tests of overidentifying restrictions 

    Dias Costa Parente, Paulo M.; Santos Silva, J.M.C. (Elsevier, 2012-05)
    In this note, we argue that tests of overidentifying restrictions give little information on the validity of the moment conditions implied by the underlying economic model, and therefore are mute about the possibility of ...
  • Combining the contributions of behavioral economics and other social sciences in understanding taxation and tax reform 

    James, Simon (SSRN, 2010-08)
    This paper extends previous work presented at the SABE/IAREP conference at St Mary’s University, Halifax (James, 2009). In the earlier paper it was shown that conventional economic theory is used to make the case for tax ...
  • Comparing three ways to update Choquet beliefs 

    Eichberger, Jürgen; Grant, Simon; Kelsey, David (Elsevier, 2010-05)
    We analyze three rules for updating neo-additive capacities. Only for Generalized Bayesian Updating is relative optimism the same for both updated and unconditional capacities. For updates of the other two, either the ...
  • The comparison of ad valorem and specific taxation under uncertainty 

    Kotsogiannis, Christos; Serfes, Konstantinos (Wiley Blackwell, 2013)
    The comparison between specific (per unit) and ad valorem (percentage) taxation has been one of the oldest issues in public finance. In Cournot markets, with deterministic costs structures, conventional wisdom has it that ...
  • Confronting the Robinson Crusoe paradigm with household-size heterogeneity 

    Koulovatianos, Christos; Schröder, Carsten; Schmidt, Ulrich (Center for Financial Studies, University of Frankfurt, 2008-08)
    Modern macroeconomics empirically addresses economy-wide incentives behind economic actions by using insights from the way a single representative household would behave. This analytical approach requires that incentives ...
  • The consequences of Zakat for capital accumulation 

    Ali, D.H. Norulazidah P.H. Omar; Myles, Gareth D. (Wiley-Blackwell, 2010-08)
    The payment of zakat by the owners of wealth is one of the five pillars of Islam. Many countries operate with no enforcement of the obligation to pay, making zakat a form of voluntary redistribution. We analyze how zakat ...
  • Consistent model specification testing 

    Davidson, James; Halunga, Andreea G. (University of Exeter Business School, 2012-03)
    This paper proposes a consistent model specfication test that can be applied to a wide class of models and estimators, including all variants of quasi-maximum likelihood and generalized method of moments. Our framework ...
  • Contracting in the shadow of the law 

    Chakravarty, Surajeet; MacLeod, W. Bentley (Wiley, 2009-07)
    Economic models of contract typically assume that courts enforce obligations based on verifiable events (corresponding to the legal rule of specific performance). As a matter of law, this is not the case. This leaves open ...
  • The contribution of the UK’s Behavioural Insights Team 

    James, Simon (IGI Global, 2015-04)
    The purpose of this paper is to review and evaluate the work of the UK Behavioural Insights Team (BIT) in the light of the growing literature on behavioural economics. The Team was established in 2010 in the Cabinet Office ...
  • Coordinating climate and trade policies: Pareto efficiency and the role of border tax adjustments 

    Keen, Michael; Kotsogiannis, Christos (American Economic Association, 2012-11-22)
    This paper explores the role of trade instruments in globally efficient climate policies, focusing on the central issue of whether some form of border tax adjustment BTA) is warranted when carbon prices differ internationally. ...