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作者：ALESINA, A; DRAZEN, A
作者单位：National Bureau of Economic Research; University System of Maryland; University of Maryland College Park; Centre for Economic Policy Research - UK
摘要：When a stabilization has significant distributional implications (e.g., tax increases to eliminate a large budget deficit), socioeconomic groups may attempt to shift the burden of stabilization onto other groups. The process leading to stabilization becomes a war of attrition, each group attempting to wait the others out and stabilization occurring only when one group concedes and bears a disproportionate share of the burden. We solve for the expected time of stabilization in a model of ration...
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作者：DECROMBRUGGHE, A; ROUBINI, N; SACHS, JD
作者单位：Yale University
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作者：DYBA, K; SVEJNAR, J
作者单位：Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh
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作者：ROTH, AE; PRASNIKAR, V; OKUNOFUJIWARA, M; ZAMIR, S
作者单位：University of Ljubljana; University of Tokyo; Hebrew University of Jerusalem
摘要：In an experiment comparing related two-person bargaining and multiperson market environments in Israel, Japan, the United States, and Yugoslavia, market outcomes converged to equilibrium everywhere, and there were no payoff-relevant differences among countries. However, bargaining outcomes were everywhere different from the equilibrium predictions (both in observed agreements and in the substantial frequency of observed disagreements), and substantial differences were observed among countries....
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作者：BECKER, GS; GROSSMAN, M; MURPHY, KM
作者单位：City University of New York (CUNY) System; National Bureau of Economic Research
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作者：PRASNIKAR, J; PREGL, Z
