; ; ; "ActiveFedora::Aggregation::ListSource" . a , ; "An Efficient War Between the States: A Model of Site Location Decisions under Asymmetric Information"; ; "batchuser@example.com"; "Platt, Glenn J."; "Subsidies", "Plant location", "Tax competition", "Tax breaks", "Asymmetric information"; "D80 - Information, Knowledge, and Uncertainty: General", "H70 - State and Local Government; Intergovernmental Relations: General", "R30 - Real Estate Markets, Spatial Production Analysis, and Firm Location: General"; "This paper develops a model of firm location where communities differ by exogenous endowments of a factor of production. Firms choose to locate based on local subsidies to production. Community and firm optimal strategies are then examined. Through the introduction of information asymmetries about the communities' endowments, equilibrium bidding strategies for communities are found. The results show that auction institutions used by firms may in fact be signaling on the part of communities. These results also indicate that community bids reveal information, and restrictions on this bidding may do more harm than good."^^; "1997-04"; "2018-03-29T18:21:21.950885946+00:00"^^; ; "2021-01-21T21:27:16.650610356+00:00"^^; "Conference Proceeding"; "614"; "Law and economics of federalism"; "Tax competition", "Subsidies", "Asymmetric information", "Tax breaks", "Plant location"; ; ; ; ; "Federal Reserve Bank of Minneapolis. Research Department."; ; "ConferenceProceeding" . ; .