Series: IMF Working Papers
Author(s): Era Dabla-Norris
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 June 2000
Keywords: hierarchies, multiple equilibria, wage, wage incentives, wages, central authorities, salaries
This paper examines interactions between self-interested agents in a two-tier government hierarchy, consisting of a central authority and bureaucrats in a two-stage game, where the actions of agents affect private...