Back to Search
Start Over
Un análisis de teoría de juegos del sistema español de financiación regional.
- Source :
-
Revista Española de Investigaciones Sociológicas . Apr-Jun2019, Issue 166, Following p85-105. 41p. - Publication Year :
- 2019
-
Abstract
- Recent history has shown the inherent instability of the Spanish Regional Financing System. This system is key to the design of a fiscal framework aimed at ensuring budgetary stability, debt sustainability and transparency. In this paper we examine issues related to moral hazard and deficit bias from a game theory perspective. We combine classical concepts from game theory (Nash equilibrium, subgame perfection) with concepts derived from refinements (theory of moves) aimed at introducing dynamic elements in the normal-form game, rendering it more suitable for the study of repeated, recurrent interactions. [ABSTRACT FROM AUTHOR]
Details
- Language :
- Multiple languages
- ISSN :
- 02105233
- Issue :
- 166
- Database :
- Academic Search Index
- Journal :
- Revista Española de Investigaciones Sociológicas
- Publication Type :
- Academic Journal
- Accession number :
- 135759378
- Full Text :
- https://doi.org/10.5477/cis/reis.166.85