G2TT
来源类型Discussion paper
规范类型论文
来源IDDP5200
DP5200 Insurance and Opportunities: The Welfare Implications of Rising Wage Dispersion
Kjetil Storesletten; Giovanni L. Violante; Jonathan Heathcote
发表日期2005-08-23
出版年2005
语种英语
摘要An arbiter can decide a case on the basis of his priors or he can ask for further evidence from the two parties to the conflict. The parties may misrepresent evidence in their favour at a cost. The arbiter is concerned about accuracy and low procedural costs. When both parties testify, each of them distorts the evidence less than when they testify alone. When the fixed cost of testifying is low, the arbiter hears both, for intermediate values one, and for high values no party at all. The ability to commit to an adjudication scheme makes it more likely that the arbiter requires evidence.
主题Industrial Organization
关键词Evidence production Procedure Costly state falsification Adversarial Inquisitorial
URLhttps://cepr.org/publications/dp5200
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/534075
推荐引用方式
GB/T 7714
Kjetil Storesletten,Giovanni L. Violante,Jonathan Heathcote. DP5200 Insurance and Opportunities: The Welfare Implications of Rising Wage Dispersion. 2005.
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