Auction off the farm
Signaling, politics, and economic development
Datos Bibliográficos
| ID | 20201712 |
|---|---|
| Autores | Donijo Robbins (Grand Valley State University), Gerald J Miller (Rutgers Sexual and Reproductive Health and Rights) |
| Año | 2006 |
| Volumen | 18 |
| Número | 3 |
| Páginas | 307-350 |
| Fecha de publicación | 2006-03-01 |
| Peer Reviewed | Sí |
| Open Access | Sí |
| Tipo | ARTICLE |
| Revista | Journal of Public Budgeting Accounting & Financial Management (JOURNAL) |
| Identificadores de la revista | ISSN: 1096-3367 • E-ISSN: 1945-1814 |
| Editorial | Emerald (PUBLISHER) |
| DOI | 10.1108/jpbafm-18-03-2006-b004 |
| OpenAlex | W2774566527 |
| Idioma | EN |
| Referencias citadas | 59 |
Local public officials rely on tax and non-tax incentive packages to develop their economies. No conclusive evidence supports the economic improvement incentives afford. We investigate, with an experimental approach, the political reasons public officials use tax incentives. The experiment uses simulation gaming to model local economic development as an auction, in that way permitting us to compare the impact that motives, goals, and contexts have on outcomes. Our findings suggest that the majority of economic development competitors fall victim to the “winner’s curse”-overestimating and overbidding the potential payoff for business development
Business · Competitor analysis · Economics · Incentive · Microeconomics · Political science · Politics · Public economics · Tax incentive · Auction Theory and Applications · Experimental Behavioral Economics Studies · Taxation and Compliance Studies · Marketing
Public finance in theory and practice
City Limits
The Competitive City
A Theory of Auctions and Competitive Bidding
The General Theory of Employment, Interest and Money.
Shoot Anything that Flies; Claim Anything that Falls
The Failures of Economic Development Incentives
The Welfare Costs of Tariffs, Monopolies, and Theft
State Government and Economic Performance
Research in the Psychological Laboratory
Economic Development Incentives
Competition for Economic Development among Southeastern Cities
Is Economic Development Decision Making Rational
External validity is more than skin deep
Moving Into Global Competition
Planning local economic development
Advances in Experimental Social Psychology, Vol. 7
Estimating the Benefits of Job Creation from Local Investment Subsidies
Tax Abatements and Rent-seeking
Chasing a Dream
Small Group Cohesiveness and Detrimental Conformity
The Economics of Information
Why The Government Budget Is Too Small in a Democracy
Politics and Economic Development
The Adoption of Economic Development Policies by Large Cities
Laboratory Experiments in Public Policy and Management
I Won the Auction But Don't Want the Prize
The Effects of Economic Development Policy on Local Economic Growth
Anomalies
Theory, Experiment and Economics
Who Benefits from State and Local Economic Development Policies
Auctions and Bidding
The City as a Growth Machine
| Velocidad de citación | historical |
|---|---|
| Altamente citado | No |