infonet-economy

A new parametric model for the econometric analysis of non-negative integers is proposed. Its distinguishing feature is that it allows for more flexible variance-mean relationships than the models used hitherto. Estimation with maximum likelihood is illustrated using a dataset on ship damage incidents.

The theoretical analysis of tax evasion has typically concentrated on the role of Abstract penalties and on the probability of being investigated and penalized. This article introduces into the standard model of tax evasion the possibility of pecuniary rewards as an economic incentive for taxpaying. The analysis shows that introducing a reward for payment of taxes leads to a welfare...

Dans cet article, on tente de cerner les impacts que l'utilisation des instruments de la démocratie directe en Suisse - initiative populaire et référendum - peuvent avoir sur les soi-disant nouveaux mouvements sociaux. Après avoir constaté la faible utilisation de ces opportunités par les mouvements, l'auteur la met en relation avec les coûts élevés que le choix de...

Variations in cost and demand do not have symmetrical impact on the optimal price of the imperfectly competitive firm. This asymmetry is not so important as long as information regarding both cost and demand is sufficient. However, it becomes crucially important in case of incomplete information. Usually firms have more complete or ‘harder’ information on cost than on demand. This...