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Now showing items 21-22 of 22
Correlated Equilibrium and Behavioral Conformity
(Vanderbilt University, 2005)
Is conformity amongst similar individuals consistent with self-interested behavior? We consider a model of incomplete information in which each player receives a signal, interpreted as an allocation to a role, and can make ...
Tax Competition Reconsidered
(Vanderbilt University, 2006)
In a classic model of tax competition, we show that the level of public good provision and taxation in a decentralized equilibrium can be efficient or inefficient with either too much, or too little public good provision. ...