Search Results - "Luelfesmann, Christoph"
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The architecture of federations: Constitutions, bargaining, and moral hazard
Published in Journal of public economics (01-04-2015)“…The paper studies a federal system where (a) a region provides non-contractible inputs into the social benefits from a public policy project with spillovers to…”
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Reforming an asymmetric union: On the virtues of dual tier capital taxation
Published in Journal of public economics (01-05-2015)“…The tax competition for mobile capital, in particular the reluctance of small countries to agree on measures of tax coordination, has ongoing political and…”
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Two-tier public provision: Comparing public systems
Published in Journal of public economics (01-12-2011)“…The paper considers a two-tier institution in which government provides public services, but individuals can opt out of public provision (but not taxes)…”
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On the virtues of privatization when government is benevolent
Published in Journal of economic behavior & organization (01-09-2007)“…This paper shows that privatizing a public firm can be welfare improving even if the government is a welfare maximizer. We consider a setup where the firm’s…”
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Wealth Constraints and Option Contracts in Models with Sequential Investments
Published in The Rand journal of economics (01-12-2005)“…I investigate a model in which two parties A and B invest sequentially in a joint project (an asset). Investments and the asset value are nonverifiable, and A…”
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