This paper uses game theory to analyze the practice of offering incentives to attract new firms to localities. It demonstrates that in trying to attract firms localities are faced with something like a prisoner’s dilemma: they are compelled to offer incentives but would be better off if they could agree not compete for firms. The dilemma that localities face explains why the bidding war for firms continues to escalate despite calls by economists and politicians for disarmament
This paper reviews the research literature in the United States on effects of state and local “econo...
A dynamic model of inter-governmental competition for investment is presented, where the investment ...
Anderson and Wassmer examine the use and effectiveness of local economic development incentives with...
State and local policymakers throughout the country experience tremendous pressure from their consti...
Abstract: We formally demonstrate the prisoners ' dilemma fueling the incentives 'arms ra...
Incentive competition is on the rise. It is costly, generally ineffi cient, and often ineffective ev...
The use of incentive packages has intensified as local governments compete for new plants and corpor...
Is the time-honored strategy of providing financial incentives to attract new firms the most product...
At a time when cities are competing with one another to attract or retain jobs within a globalizing ...
At a time when cities are competing with one another to attract or retain jobs within a globalizing ...
State and local governments have embraced their authority to offer economic development incentives f...
The Guilford County commissioners get a lot of ribbing, for hyper-partisan politics and occasionally...
Local governments' economic interventionism : a game-theoretic multi-level case study Using a child...
This paper reviews the research literature relevant to economic development incentives provided by s...
This book is the first significant attempt to quantify the development efforts made by state and loc...
This paper reviews the research literature in the United States on effects of state and local “econo...
A dynamic model of inter-governmental competition for investment is presented, where the investment ...
Anderson and Wassmer examine the use and effectiveness of local economic development incentives with...
State and local policymakers throughout the country experience tremendous pressure from their consti...
Abstract: We formally demonstrate the prisoners ' dilemma fueling the incentives 'arms ra...
Incentive competition is on the rise. It is costly, generally ineffi cient, and often ineffective ev...
The use of incentive packages has intensified as local governments compete for new plants and corpor...
Is the time-honored strategy of providing financial incentives to attract new firms the most product...
At a time when cities are competing with one another to attract or retain jobs within a globalizing ...
At a time when cities are competing with one another to attract or retain jobs within a globalizing ...
State and local governments have embraced their authority to offer economic development incentives f...
The Guilford County commissioners get a lot of ribbing, for hyper-partisan politics and occasionally...
Local governments' economic interventionism : a game-theoretic multi-level case study Using a child...
This paper reviews the research literature relevant to economic development incentives provided by s...
This book is the first significant attempt to quantify the development efforts made by state and loc...
This paper reviews the research literature in the United States on effects of state and local “econo...
A dynamic model of inter-governmental competition for investment is presented, where the investment ...
Anderson and Wassmer examine the use and effectiveness of local economic development incentives with...