Working Papers

From Washington St. Louis - School of Business and Political Economy
WASHINGTON UNIVERSITY IN ST-LOUIS, SCHOOL OF BUSINESS AND CENTER IN POLITICAL ECONOMY, ST-LOUIS MISSOURI 63130 U.S.A..
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9905: Parimutuel Lotteries: Gambler's Behavior and the Demand for Tickets

U. Hauser and Konig, U,

9904: Corporate Vote-Trading as an Instrument of Corporate Governance

Zvika Neeman and G.O. Orosel

9902: Incomplete Markets and the Firm

E. Dierker, H. Dierker and Birgit Grodal

9901: Powerful Wives and Faithful Husbands

N. Maderner

9808: An Evolutionary Analysis of Insurance Markets Under Adverse Selection

Ana Ania, T. Troger and Achim Wambach

9807: Individual Randomness in Economic Models with a Continuum Agents

Carlos Alós-Ferrer

9805: Optimal Incentives to Reduce Downstream Pollution Under Asymmetric Information

Rudolf Kerschbamer and N. Maderner

9804: Product Differentiation and Market Power

E. Dierker and H. Dierker

9803: Dividends and Agency Costs

Klaus Gugler

9801: Dynamic Systems with a Continuum of Randomly Matched Agents

Carlos Alós-Ferrer

168: Product Cost Disclosure and Renegotiation Costs in Profit Center and Market Exchanges: An Empirical Test

L. Poppo

167: Pharmaceutical Expenditure and Regulatory Policy in the NHS

Mary Olson

166: The Role of Private Information in the Sunk Cost Phenomenon

J. Berg, John Dickhaut and C. Kanodia

165: Centralization of Policymaking in the National Park Service

W.R. Lowry

164: Political Competition in Multiparty Coalition Governments

Norman Schofield

163: Probability and Convergence for Supramajority rule with Euclidean Preferences

Norman Schofield and C.A. Tovey

162: A Theory of Coalition Government in a Spatial Model of Voting

Norman Schofield

161: The Almost Surely Shrinking Yolk

C.A. Tovey

159: Information Pooling Through Majority-Rule Voting: Condorcet's Jury Theorem with Correlated Votes

K.K. Ladha

158: Political Discourse, Factions, and the General Will: Correlated Voting and Condorcet's Jury Theorem

K.K. Ladha and G. Miller

157: Condorcet's Jury Theorem in Light of de Finetti's Theorem: Majority-Rule Voting with Correlated Votes

K.K. Ladha

156: Institutionally-Derived Stability: Cores in Two- Dimensional Voting Games

C.L. Eavy and G.J. Miller

155: The Condorcet Jury Theorem, Free Speech and Correlated Votes

K.K. Ladha

154: Early Republican Retirement: A Cause of Democratic Dominance in the House of Representatives

J.B. Gilmour and Paul Rothstein

153: Abnormal Politics: Possibilities for Presidential Leadership

G.J. Miller

152: The Dynamics of a Stable Cartel: The Express 1851-1913

P.Z. Grossman

148: WHY DO EMPLOYERS ONLY REWARD EXTREME PERFORMANCE? EVIDENCE AND EXPALNATIONS OF ZIG-ZAGGING RELATIONSHIPS AMONG PERFORMANCE, PAY,AND TURNOVER

Todd Zenger

147: The Pivotal Role of the Judiciary in the Deregulation Battle Between the Executive and Legislature

K.K. Ladha

146: The Political Economy of Changing Property Rights: Dismantling a Kenyan Commons

J. Ensminger and A. Rutten

145: Understanding Organizational Diseconomies of Scale: Small Firm Advantages in Resolving Agency Problems in R&D

Todd Zenger

144: A Transaction Cost Theory of Politics

Douglass North

143: AGENCY PROBLEMS AND STRUCTURAL ARRANGEMENTS WITHIN INTERNATIONAL ECONOMIC ORGANIZATIONS: THE CASE OF THE WORLD BANK

Bernard Gauthier

142: REVISIONIST TARRIFF HISTORY AND THE THEORY OF HEGEMONIC STABILITY

John Nye

141: NEGLIGENCE VERSUS STRICT LIABILITY REGIMES IN AUDITING: AN EXPERIMENTAL INVESTIGATION

N. Dopuch and R.R. King

140: THE TRAGICOMEDY OF THE COMMONS: WHY COMMUNITIES RATIONALLY CHOOSE "INFFICIENT" ALLOCATIONS OS SHARED RESOURCES

R.D. Roberts

139: FACTOR PROPORTIONS, PUBLIC FINANCES, AND PROPERTY RIGHTS ON LABOR RESOURCES: A TEST AND REFORMULATION OF DOMAR'S HYPOTHESIS ON SLAVERY OR SERFDOM

Mario Pastore

138: HIERARCHIES AND DELEGATION: SEQUENTIAL PRODUCTION AND PROCESS IN AN ORGANIZATIONAL SETTING

Bernard Gauthier