WID-DOW
Political Economy of Pricing & Capacity Decisions for Congestible Local Public Goods in a Federal State
Event Details
Date
Monday, November 11, 2013
Time
4-5 p.m.
Description
This talk will be given by Stef Proost, a Professor of Economics at Catholic University in Leuven, Belgium. Currently, we observe a wide variety of federal and local practices. The two-region model we developed allows spill-overs between regions, accounts for congestion, and captures heterogeneity between and within regions. Majority vote decides regional issues while a minimum winning coalition or cooperative bargaining decides federal decisions.
Cost
Free and open to the public
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