Comparison of Nash and evolutionary stable equilibrium in asymmetric tax competition

被引：5
作者：
Philipowski, Robert [1 ]
机构：
[1] Univ Luxembourg, Unite Rech Math, L-1359 Luxembourg, Luxembourg
来源：
REGIONAL SCIENCE AND URBAN ECONOMICS | 2015年 / 51卷
关键词：
Asymmetric tax competition; Nash equilibrium; Evolutionary stable strategy; LOCAL-GOVERNMENTS; PROPERTY TAXATION; MIMICKING; UNDERPROVISION; COORDINATION; PATTERNS; TIEBOUT; PIGOU;
D O I：
10.1016/j.regsciurbeco.2014.12.003
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We show that under suitable assumptions the evolutionary stable tax rate in asymmetric tax competition is strictly lower than all tax rates obtained in Nash equilibrium, generalizing in this way a recent result by Sano (Evolutionary and Institutional Economics Review 9 (2012), S1-S23) and Wagener (International Economic Review 54 (2013), 1251-1264) obtained in the context of symmetric tax competition. Our assumptions are satisfied in several models of capital and commodity tax competition. (C) 2015 Elsevier B.V. All rights reserved.
引用
收藏
页码：7 / 13
页数：7
相关论文
共 34 条
[21]  
Sano H, 2012, EVOL I EC REV, V9, pS1
[22]   EVOLUTIONARILY STABLE STRATEGIES FOR A FINITE POPULATION AND A VARIABLE CONTEST SIZE [J].
SCHAFFER, ME .
JOURNAL OF THEORETICAL BIOLOGY, 1988, 132 (04) :469-478
[23]  
Schaltegger C.A., 2004, SWISS POLIT SCI REV, V10, P61
[24]   LOGIC OF ANIMAL CONFLICT [J].
SMITH, JM ;
PRICE, GR .
NATURE, 1973, 246 (5427) :15-18
[25]  
Sole OlleA., 2003, EUR J POLIT ECON, V19, P685
[26]   Long run equilibria in an asymmetric oligopoly [J].
Tanaka, Y .
ECONOMIC THEORY, 1999, 14 (03) :705-715
[27]   On the existence of Nash equilibria in an asymmetric tax competition game [J].
Taugourdeau, Emmanuelle ;
Ziad, Abderrahmane .
REGIONAL SCIENCE AND URBAN ECONOMICS, 2011, 41 (05) :439-445
[28]  
Vega-Redondo F., 1996, Evolution, Games, and Economic Behaviour
[29]   Complementarities and games: New developments [J].
Vives, X .
JOURNAL OF ECONOMIC LITERATURE, 2005, 43 (02) :437-479
[30]   TAX COMPETITION, RELATIVE PERFORMANCE, AND POLICY IMITATION [J].
Wagener, Andreas .
INTERNATIONAL ECONOMIC REVIEW, 2013, 54 (04) :1251-1264
1234