Existence of Nash equilibria in fiscal competition models

被引:40
作者
Laussel, D [1 ]
Le Breton, M [1 ]
机构
[1] Univ Aix Marseille 2, GREQAM, F-13284 Marseille 07, France
关键词
fiscal competition; Nash equilibrium;
D O I
10.1016/S0166-0462(97)00029-X
中图分类号
F [经济];
学科分类号
02 ;
摘要
We characterize the set of Nash equilibria under some specific assumptions for a fiscal competition game as initiated by Wildasin (1988) (Journal of Public Economics, 35, 129-240) where two jurisdictions compete in tax rates. Equilibria are shown to be either unique or to involve a zero net rate of return on capital. (C) 1998 Elsevier Science B.V.
引用
收藏
页码:283 / 296
页数:14
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