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Nash equilibria in models of fiscal competition

โœ Scribed by David E. Wildasin


Book ID
113213051
Publisher
Elsevier Science
Year
1988
Tongue
English
Weight
734 KB
Volume
35
Category
Article
ISSN
0047-2727

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Nash equilibria in models of fiscal comp
โœ David E. Wildasin ๐Ÿ“‚ Article ๐Ÿ“… 1988 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 734 KB

## This paper analyzes Nash equilibria in a simple model of an economy with jurisdictions engaging in fiscal competition. Small-number Nash equilibria in which tax rates are the strategic variables are shown not to coincide with Nash equilibria in which public expenditure levels are the strategic